Bechelany Pierre Edward 4

What Happened
Bechelany Pierre Edward, Group President of Fluor Corporation (FLR), had 1,929 shares of common stock withheld to satisfy tax withholding when 7,658 restricted stock units (RSUs) vested on March 6, 2026. The withheld shares were valued at $45.08 each, totaling $86,959. The filing reports the withholding as a disposition (transaction code F) and notes the withholding occurred automatically upon vesting with no separate investment decision by the reporting person.

Key Details

• Transaction date: March 6, 2026; price reported: $45.08 per share.
• Shares withheld/disposed: 1,929; total value: $86,959.
• RSUs vested: 7,658; 1,929 shares withheld to satisfy tax obligations (per footnote).
• Transaction code: F (tax withholding on vested equity).
• Shares owned after the transaction: not specified in this Form 4 filing.
• Filing date: May 8, 2026 — this Form 4 was filed late relative to the March 6 transaction date.

Context
This was a tax-withholding event tied to RSU vesting (a common, administrative disposal) rather than an open-market sale or a purchase. The footnote clarifies the withholding was automatic upon vesting and not an active decision to sell shares. Such withholding transactions are routine and generally do not signal a change in the insider’s view of the company.