Fluor (NYSE: FLR) group president logs automatic tax share withholding
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Fluor Corp group president Michael E. Alexander filed an amended insider report to correct a prior filing. The amendment adds the issuer’s withholding of 1,463 shares of common stock at $45.08 per share to satisfy tax obligations from the vesting of 6,001 restricted stock units on March 6, 2026.
The shares were withheld automatically when the units vested, so no investment decision was made by Alexander. Following this correction, he directly owns 66,523.1910 shares of Fluor common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Alexander Michael E.
Role
GROUP PRESIDENT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,463 | $45.08 | $66K |
Holdings After Transaction:
Common Stock — 66,523.191 shares (Direct, null)
Footnotes (1)
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Key Figures
Tax-withheld shares: 1,463 shares
Withholding price: $45.08 per share
RSUs vested: 6,001 units
+2 more
5 metrics
Tax-withheld shares
1,463 shares
Common stock withheld for tax on RSU vesting March 6, 2026
Withholding price
$45.08 per share
Price used for 1,463 tax-withheld shares
RSUs vested
6,001 units
Restricted stock units vesting on March 6, 2026
Shares owned after transaction
66,523.1910 shares
Direct Fluor common stock ownership after correction
Tax withholding shares (summary)
1,463 shares
TaxWithholdingShares in transaction summary
Key Terms
Form 4/A, tax withholding obligation, restricted stock units, vesting, +1 more
5 terms
Form 4/A regulatory
"This Form 4/A amends the Form 4 filed by the Reporting Person"
Form 4/A is an amended filing that corrects or updates an earlier Form 4, the mandatory report that insiders (like company executives, directors, or large shareholders) must file when their ownership stakes change. Think of it as an edited receipt showing who bought or sold stock and when; investors use it to track insider confidence, detect potential conflicts, and spot trading patterns that might signal future company prospects.
tax withholding obligation financial
"to satisfy the tax withholding obligation resulting from the vesting"
restricted stock units financial
"resulting from the vesting of 6,001 restricted stock units held"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vesting financial
"The withholding of the shares occurred automatically upon the vesting of the units"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Common Stock financial
"As of the date of the Original Filing, the Reporting Person directly owned 66,523.1910 shares of Common Stock."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did Fluor (FLR) executive Michael E. Alexander report in this amended Form 4?
He reported an amendment to his insider filing, adding 1,463 Fluor shares withheld to cover taxes on vesting restricted stock units. The original filing omitted this automatic withholding, so the amendment corrects his reported transactions and holdings.