Fluor (FLR) CLO updates Form 4 for 1,294-share tax withholding
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Fluor Corp’s chief legal officer Kevin B. Hammonds filed an amended insider report reflecting automatic tax withholding tied to vested stock units. On March 6, 2026, 1,294 shares of common stock were withheld at $45.08 per share to satisfy tax obligations from the vesting of 4,032 restricted stock units. The withholding occurred automatically upon vesting, so no investment decision was made by Hammonds. As of the original filing date, he directly owned 25,777 shares of Fluor common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hammonds Kevin B
Role
CHIEF LEGAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,294 | $45.08 | $58K |
Holdings After Transaction:
Common Stock — 25,777 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 1,294 shares
Withholding price per share: $45.08 per share
Restricted stock units vested: 4,032 units
+2 more
5 metrics
Shares withheld for taxes
1,294 shares
Automatic tax withholding on March 6, 2026
Withholding price per share
$45.08 per share
Value used for 1,294-share tax withholding
Restricted stock units vested
4,032 units
RSUs vested on March 6, 2026
Shares owned after event
25,777 shares
Direct Fluor common stock ownership as of original filing
Tax-withholding transactions
1 transaction, 1,294 shares
Summary of Form 4/A tax-withholding disposition
Key Terms
Form 4/A, tax withholding obligation, restricted stock units, withholding of 1,294 shares, +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 of 4,032 restricted stock units"
restricted stock units financial
"resulting from the vesting of 4,032 restricted stock units held by the Reporting Person"
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.
no investment decision was made financial
"The withholding of the shares occurred automatically upon the vesting of the units, and as such, no investment decision was made"
FAQ
What did Fluor (FLR) executive Kevin B. Hammonds report in this Form 4/A?
Kevin B. Hammonds reported an amended insider transaction where 1,294 Fluor common shares were withheld to cover taxes on vested restricted stock units. The amendment corrects an earlier Form 4 that inadvertently omitted this automatic tax-withholding event tied to his equity compensation.
How many Fluor (FLR) restricted stock units vested for Kevin B. Hammonds?
The filing reports that 4,032 restricted stock units vested for Kevin B. Hammonds on March 6, 2026. As a result of this vesting, 1,294 Fluor common shares were withheld automatically to cover associated tax liabilities under the company’s equity compensation arrangement.
Why was Kevin B. Hammonds’ original Fluor (FLR) Form 4 amended?
The original Form 4 was amended because it inadvertently omitted the issuer’s withholding of 1,294 shares for tax obligations. This Form 4/A corrects that oversight by explicitly recording the automatic tax-withholding disposition connected to the vesting of 4,032 restricted stock units.