Elliott James Paul 4
Research Summary
AI-generated summary
Fluor (FLR) Chief Accounting Officer Elliott Paul Receives RSU Award
What Happened
- Elliott James Paul, Chief Accounting Officer of Fluor Corporation (FLR), was granted 1,865 restricted stock units (RSUs) on February 20, 2026. The Form 4 reports an acquisition price of $0.00 (award), so no cash was paid by the insider for these shares.
Key Details
- Transaction date: 2026-02-20; filing date: 2026-03-31 (the filing was submitted roughly 39 days after the transaction).
- Number of RSUs: 1,865 granted; price reported: $0.00 (non-cash award).
- Shares owned after transaction: Not specified in the provided filing.
- Vesting (footnote): 933 RSUs vest in three equal annual installments beginning March 6, 2027; the remaining 932 RSUs vest on March 6, 2029.
- Filing timeliness: The Form 4 was filed well after the typical two-business-day deadline for reporting; late filings reduce the immediacy of insider-disclosure data but do not by themselves indicate misconduct.
Context
- These RSUs are a compensation award that vests over time; they are not an open‑market purchase or sale and do not necessarily signal immediate insider bullishness or bearishness. Taxable events and share ownership will generally occur as the RSUs vest per the schedule above.