Bechelany Pierre Edward 4
Research Summary
AI-generated summary
Fluor (FLR) Group President Pierre Bechelany Receives 10,245-Share Award
What Happened
- Pierre Edward Bechelany, Group President of Fluor Corp (FLR), received a grant of 10,245 restricted stock units (recorded as an acquisition) on Feb 20, 2026. The reported acquisition price is $0.00 (grant of RSUs), so no cash was exchanged at grant.
Key Details
- Transaction date: 2026-02-20; Report filed: 2026-02-24 (filed within the Form 4 two-business-day requirement).
- Transaction type/code: A — Award/Grant (restricted stock units).
- Shares granted: 10,245 RSUs; Reported acquisition price: $0.00; Reported total value at grant: $0 (RSUs represent future shares).
- Shares owned after transaction: Not specified in this filing.
- Footnote: F1 — These RSUs vest in three equal annual installments beginning March 6, 2027.
Context
- This was a compensation grant of RSUs, not an open-market purchase or sale. RSUs vest over time, so they do not represent immediately tradable shares and are commonly used for long-term incentive pay rather than an immediate market sentiment signal.