Form 4: Fluor Corp Executive Collins Alvin C III Reports Acquisition of 20,378 Shares
SEC Form 4 Filing
Group President Collins Alvin C III of Fluor Corp reports acquiring 20,378 shares of common stock on February 17, 2025, through earned performance units.
Summary
- On February 17, 2025, Alvin C Collins III, Group President of Fluor Corp, acquired 20,378 shares of Fluor common stock.
- The acquisition was due to earned performance units granted in 2022, which vested after a three-year performance period.
- Each performance unit represents the right to receive one share of Fluor common stock.
- Following the transaction, Collins directly owns 81,428 shares of common stock.
- Collins also indirectly owns 225.9448 shares of common stock through a 401(k) plan.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects a standard executive compensation event. The acquisition of shares by an executive is generally viewed as a positive sign, but it's a routine occurrence.
Positives
- The acquisition of shares by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.
Industry Context
This filing is a routine disclosure related to insider transactions and provides insight into executive compensation structures within Fluor Corp.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment due to the executive's increased stake in the company.
Key Dates
| Date | Description |
|---|---|
| 2022 | Performance units were granted. |
| 02/17/2025 | Date of transaction: Acquisition of 20,378 shares. |
| 02/19/2025 | Date of signature on the Form 4 filing. |
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