Fluor (NYSE: FLR) HR chief exercises awards and sells 1,488 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fluor Corporation EVP and Chief HR Officer Tracey H. Cook reported multiple equity transactions dated January 31, 2026. Cook exercised stock-based awards into 1,488 shares of common stock at $0 per share and then disposed of 1,488 shares at $46.19 per share, leaving 10,731 common shares held directly.
The filing also shows 2,182.3886 common shares held indirectly through a 401(k) plan. Two blocks of Stock Growth Incentive Units (700 and 788 units), each economically equivalent to one Fluor share, were involved in these transactions. Footnotes clarify that these units vested on January 31, 2026, correcting earlier Form 3 disclosures that had listed March 2026 and March 2027 vesting dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,488 shares exercised/converted
Mixed
5 txns
Insider
Cook Tracey H
Role
EVP, Chief HR Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Growth Incentive Unit | 700 | $0.00 | -- |
| Exercise | Stock Growth Incentive Unit | 788 | $0.00 | -- |
| Exercise | Common Stock | 1,488 | $0.00 | -- |
| Disposition | Common Stock | 1,488 | $46.19 | $69K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Growth Incentive Unit — 0 shares (Direct);
Common Stock — 12,219 shares (Direct);
Common Stock — 2,182.389 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- Each Stock Growth Incentive Unit is the economic equivalent of one share of Fluor common stock. The Form 3 that the Reporting Person filed on April 16, 2025 ("Original Filing") inadvertently reported that the Stock Growth Incentive Units will vest on March 6, 2026. In fact, the Stock Growth Incentive Units vested on January 31, 2026. The Original Filing inadvertently reported that one half of the Stock Growth Incentive Units will vest on March 6, 2026 and one half on March 6, 2027. In fact, one half of the Stock Growth Incentive Units vested on January 31, 2026 and one half will vest on January 31, 2027.
FAQ
What insider transaction did Fluor (FLR) report for Tracey H. Cook?
Fluor reported that EVP and Chief HR Officer Tracey H. Cook exercised stock awards into 1,488 Fluor common shares at $0 and then sold 1,488 shares at $46.19 on January 31, 2026. The filing also updates vesting dates for related Stock Growth Incentive Units.
What are Fluor Stock Growth Incentive Units mentioned in the Form 4?
The Stock Growth Incentive Units are derivative awards, with each unit economically equivalent to one share of Fluor common stock. On January 31, 2026, blocks of 700 and 788 units were exercised at $0, resulting in underlying common shares that are reflected in the reported non-derivative transactions.
What vesting date correction did Fluor (FLR) disclose for Tracey H. Cook’s awards?
The filing explains that an earlier Form 3 erroneously listed vesting dates in March 2026 and March 2027. In fact, the Stock Growth Incentive Units vested, or will vest, on January 31, 2026 and January 31, 2027, aligning the disclosure with the actual award schedule.
Does Tracey H. Cook’s Fluor (FLR) Form 4 involve indirect holdings?
Yes. Besides directly held Fluor shares, the Form 4 shows 2,182.3886 common shares held indirectly through a 401(k) plan. This indicates retirement-plan ownership, which is reported separately from the executive’s directly owned common stock position.