Form 4: Fluor Corp CEO Reports Tax Withholding Stock Transaction
SEC Form 4 Filing
David E. Constable, Chairman and CEO of Fluor Corp, reports the withholding of 11,889 shares of common stock to cover tax obligations upon the vesting of restricted stock units.
Summary
- On December 23, 2024, Fluor Corporation's Chairman and CEO, David E. Constable, had 11,889 shares of common stock withheld by the issuer to satisfy tax obligations.
- This withholding occurred automatically upon the vesting of 30,212 restricted stock units.
- The price per share for the withholding was $50.22.
- Following the transaction, Constable directly owns 724,474 shares of Fluor Corp common stock.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations on vested stock, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. This transaction reflects standard practice for handling tax obligations related to vesting equity.
Key Dates
| Date | Description |
|---|---|
| 12/23/2024 | Date of the transaction (stock withholding for tax obligations) and vesting of restricted stock units. |
| 12/26/2024 | Date of signature on the Form 4 filing. |
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