Form 4: Fluor Corp Executive Fields Mark E Reports Tax Withholding Share Transaction
SEC Form 4 Filing
Fluor Corp's Group President, Mark E Fields, reports disposition 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, Mark E Fields, had 14,019 restricted stock units and 29,888 performance units vest.
- To cover the resulting tax withholding obligation, the issuer withheld 13,252 shares of common stock at a price of $36.58.
- Following the transaction, Fields directly owns 177,132.8 shares of Fluor Corp common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies. It provides transparency into insider transactions but doesn't necessarily reflect a strategic shift or significant event for Fluor Corp.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the withholding of shares for tax purposes, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 03/06/2025 | Date of transaction: Vesting of restricted stock units and performance units, and subsequent share withholding for tax obligations. |
| 03/10/2025 | Date of signature on the Form 4 filing. |
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