Form 4: Fluor Corp Executive Fields Mark E Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Mark E Fields, a Group President at Fluor Corp, sold shares to cover tax obligations resulting from the vesting of restricted stock units and performance units.
Summary
- On March 6, 2024, Mark E Fields, a Group President at Fluor Corp, had 16,595 restricted stock units and 36,136 performance units vest.
- To cover the resulting tax withholding obligation, Fluor Corp withheld 16,738 shares of common stock at a price of $36.68 per share.
- Following the transaction, Fields directly owns 197,044.8 shares of Fluor Corp common stock.
- Fields also indirectly owns 6,706.5999 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing reflects a routine transaction to cover tax obligations.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive compensation and potential sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/06/2024 | Date of transaction: Vesting of restricted stock units and performance units, and subsequent withholding of shares for tax obligations. |
| 03/08/2024 | Date of signature on the Form 4 filing. |
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