Fluor (FLR) CAO details stock growth incentive unit holdings

Rhea-AI Filing Summary

Fluor Corp’s Chief Accounting Officer, James Paul Elliott, reported his initial ownership of Stock Growth Incentive Units, each economically equivalent to one share of Fluor common stock. He directly holds 451 units that vest on January 31, 2027 and 1,326 units, half vesting on January 31, 2027 and half on January 31, 2028. These units pay cash equal to the value of a Fluor share upon vesting, so this filing mainly details his deferred, cash-settled incentive awards rather than any stock purchase or sale.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Elliott James Paul

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
holding	Stock Growth Incentive Unit	--	--	--
holding	Stock Growth Incentive Unit	--	--	--

Holdings After Transaction: Stock Growth Incentive Unit — 451 shares (Direct)

Footnotes (1)

1. Each Stock Growth Incentive Unit is the economic equivalent of one share of Fluor common stock. Each unit represents a right to receive a cash payment equal to the value of one share of Fluor common stock upon vesting. The Stock Growth Incentive Units will vest on January 31, 2027. Each Stock Growth Incentive Unit is the economic equivalent of one share of Fluor common stock. Each unit represents a right to receive a cash payment equal to the value of one share of Fluor common stock upon vesting. One half of the Stock Growth Incentive Units will vest on January 31, 2027 and one half on January 31, 2028.

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SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Elliott James Paul

(Last) (First) (Middle)

C/O FLUOR CORPORATION

6700 LAS COLINAS BLVD.

(Street)

IRVING TX 76107

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
02/04/2026

3. Issuer Name and Ticker or Trading Symbol
FLUOR CORP [ FLR ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Growth Incentive Unit(1)	(1)	(1)	Common Stock	451	(1)	D
Stock Growth Incentive Unit(2)	(2)	(2)	Common Stock	1,326	(2)	D

Explanation of Responses:

1. Each Stock Growth Incentive Unit is the economic equivalent of one share of Fluor common stock. Each unit represents a right to receive a cash payment equal to the value of one share of Fluor common stock upon vesting. The Stock Growth Incentive Units will vest on January 31, 2027.

2. Each Stock Growth Incentive Unit is the economic equivalent of one share of Fluor common stock. Each unit represents a right to receive a cash payment equal to the value of one share of Fluor common stock upon vesting. One half of the Stock Growth Incentive Units will vest on January 31, 2027 and one half on January 31, 2028.

	/s/ Nicholas A. Gaspard by Power of Attorney	02/19/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does Fluor (FLR) disclose in James Paul Elliott’s Form 3?

Fluor’s Form 3 filing shows Chief Accounting Officer James Paul Elliott’s initial holdings of Stock Growth Incentive Units. It records 451 units vesting in 2027 and 1,326 units vesting in 2027 and 2028, reflecting deferred cash-settled incentive compensation rather than common stock trades.

How many Stock Growth Incentive Units does Fluor’s CAO hold?

James Paul Elliott directly holds 451 Stock Growth Incentive Units in one award and 1,326 units in another. Each unit is economically equivalent to one Fluor share and will pay cash equal to the share’s value upon vesting on the specified future dates.

When do James Paul Elliott’s Fluor Stock Growth Incentive Units vest?

One grant of 451 Stock Growth Incentive Units vests on January 31, 2027. A second grant of 1,326 units vests in two tranches: half on January 31, 2027 and the remaining half on January 31, 2028, providing staggered incentive payouts.

Are Fluor (FLR) Stock Growth Incentive Units actual shares of stock?

Stock Growth Incentive Units are not shares but cash-settled awards. Each unit is economically equivalent to one share of Fluor common stock and entitles the holder to a cash payment equal to the share’s value when the unit vests, according to the filing’s footnotes.

Does Fluor’s Form 3 show James Paul Elliott buying or selling stock?

The Form 3 does not report any explicit stock purchases or sales by James Paul Elliott. Instead, it discloses his beneficial ownership of Stock Growth Incentive Units, which are deferred, cash-settled incentives tied to Fluor’s share value and subject to future vesting.