Form 4: Fluor Corp Executive Anthony Morgan Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Group President Anthony Morgan of Fluor Corp sold 1,133 shares of common stock on March 6, 2024, to cover tax obligations related to vesting restricted stock units.
Summary
- On March 6, 2024, Anthony Morgan, Group President of Fluor Corp, disposed of 1,133 shares of common stock.
- The shares were withheld by the issuer to satisfy tax obligations resulting from the vesting of 4,183 restricted stock units.
- The transaction was executed at a price of $36.68 per share.
- Following the transaction, Morgan directly owns 26,197 shares of Fluor Corp common stock.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction related to executive compensation and tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. This transaction is related to tax obligations from vesting equity, which is a common practice.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/06/2024 | Date of transaction: Sale of 1,133 shares and vesting of 4,183 restricted stock units. |
| 03/08/2024 | Date of signature on the Form 4 filing. |
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