Form 4: Fluor Corp Executive Brennan Joseph L Reports Stock Disposal for Tax Obligations

Executive Vice President and CFO of Fluor Corp, Joseph L Brennan, reports the disposal of shares to cover tax obligations following the vesting of restricted stock units and performance units.

Summary

• On March 6, 2024, Joseph L Brennan, EVP and CFO of Fluor Corp, reported a transaction involving Fluor Corp [FLR] common stock.
• The transaction involved the disposal of 16,748 shares of common stock at a price of $36.68 per share.
• This disposal was due to the issuer withholding shares to satisfy tax obligations resulting from the vesting of 16,595 restricted stock units and 36,136 performance units.
• Following the transaction, Brennan directly owns 104,428.999 shares of Fluor Corp common stock and indirectly owns 3,399.0613 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing relates to a routine transaction for tax purposes and doesn't indicate any significant positive or negative developments for the company.

Industry Context

This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies. It doesn't necessarily reflect a change in the company's outlook or performance.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is related to tax obligations of an executive and does not represent a significant change in ownership.

Key Dates