Form 4: Fluor Corp Executive Kevin B. Hammonds Reports Stock Transaction
SEC Form 4 Filing
Chief Legal Officer of Fluor Corp, Kevin B. Hammonds, reports disposition of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On March 6, 2025, Kevin B. Hammonds, Chief Legal Officer of Fluor Corp, had 911 shares of common stock withheld by the issuer to satisfy tax obligations.
- This withholding occurred automatically upon the vesting of 2,633 restricted stock units.
- The price per share for the withholding was $36.58.
- Following the transaction, Hammonds directly owns 16,273 shares of Fluor Corp common stock.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction related to executive compensation and tax obligations, with no indication of positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax withholding procedure related to the vesting of restricted stock units, a common form of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/06/2025 | Date of stock transaction (withholding of shares for tax obligations) and vesting of restricted stock units. |
| 03/10/2025 | Date of signature on the Form 4 filing. |
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