Form 4: Fluor Corp Executive Collins Alvin C III Reports Share Disposal for Tax Obligations

Group President Collins Alvin C III of Fluor Corp reports disposing of shares to cover tax obligations upon vesting of restricted stock units and performance units.

Summary

• On March 6, 2025, Fluor Corp's Group President, Collins Alvin C III, disposed of 8,331 shares of common stock to satisfy tax withholding obligations.
• This disposal occurred automatically upon the vesting of 11,052 restricted stock units and 20,378 performance units.
• The price per share for the disposal was $36.58.
• Following the transaction, Collins Alvin C III directly owns 83,303 shares of common stock and indirectly owns 225.9448 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to executive compensation and share transactions, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. This filing indicates the vesting of stock-based compensation and the subsequent sale of shares to cover tax liabilities, a common practice among publicly traded companies.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it involves the disposal of shares by an executive to cover tax obligations, which is a common practice.

Key Dates