Fluor (NYSE: FLR) EVP has shares withheld to cover tax on RSU vesting
Rhea-AI Filing Summary
Fluor Corp executive Nicole Davies had shares withheld to cover taxes, not from an open-market sale. When 1,547 restricted stock units vested on March 6, 2026, the company automatically withheld 377 shares of common stock to satisfy tax obligations. After this tax-withholding disposition, she directly holds 26,623 shares.
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FAQ
What insider transaction did Fluor (FLR) report for Nicole Davies?
Fluor reported that EVP Nicole Davies had 377 shares of common stock withheld on March 6, 2026. The shares were used to satisfy tax obligations arising from the vesting of 1,547 restricted stock units, rather than from any open-market sale.
Was Nicole Davies’ Fluor (FLR) Form 4 transaction an open-market sale?
No, it was not an open-market sale. The Form 4 shows a tax-withholding disposition, where 377 shares were automatically withheld by Fluor upon vesting of restricted stock units to cover resulting tax liabilities for the executive.
How many restricted stock units vested for Nicole Davies at Fluor (FLR)?
A total of 1,547 restricted stock units vested for Nicole Davies on March 6, 2026. In connection with this vesting, Fluor automatically withheld 377 shares of common stock to satisfy the resulting tax withholding obligation described in the Form 4 footnote.
How many Fluor (FLR) shares does Nicole Davies hold after this transaction?
Following the tax-withholding transaction, Nicole Davies directly holds 26,623 shares of Fluor common stock. This figure is disclosed as the total shares owned after the disposition of 377 shares that were withheld to cover her tax obligation.
Did Nicole Davies make an investment decision in this Fluor (FLR) Form 4 event?
The filing states that no investment decision was made by Nicole Davies. The 377-share withholding occurred automatically when her 1,547 restricted stock units vested, solely to satisfy the associated tax withholding requirement.
What does transaction code "F" mean in Nicole Davies’ Fluor (FLR) Form 4?
Transaction code “F” indicates a payment of tax liability by delivering securities. In this case, 377 shares of Fluor common stock were automatically withheld to cover taxes due on the vesting of 1,547 restricted stock units held by Nicole Davies.