Form 4: Fluor Corp Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Nicole Davies, EVP of Corporate Development at Fluor Corp, disposed of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On March 6, 2025, Nicole Davies, EVP of Corporate Development at Fluor Corp, disposed of 680 shares of common stock to satisfy tax withholding obligations.
- The shares were withheld by the issuer in connection with the vesting of 2,288 restricted stock units.
- The transaction occurred automatically upon the vesting of the units at a price of $36.58 per share.
- Following the transaction, Davies beneficially owns 20,013 shares of Fluor Corp common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing reflects a routine transaction related to executive compensation and tax obligations.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into the trading activities of company insiders. This transaction is related to tax obligations arising from the vesting of restricted stock units, a common form of equity compensation.
Key Dates
| Date | Description |
|---|---|
| 03/06/2025 | Date of transaction: Shares disposed of to cover tax obligations. |
| 03/10/2025 | Date of signature on the Form 4 filing. |
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