Fluor (NYSE: FLR) HR chief has 276 shares withheld for taxes on RSU vesting
Rhea-AI Filing Summary
Fluor Corp’s Chief HR Officer Tracey H. Cook reported an automatic share withholding tied to equity compensation. When 1,080 restricted stock units vested on March 6, 2026, the company withheld 276 shares of common stock at $45.08 per share to cover tax obligations. This was a tax-withholding disposition, not an open‑market sale, and the footnote states no investment decision was made by Cook. After these transactions, she held 17,442 common shares directly and 2,156.04 shares indirectly through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 276 shares
Net Sell
2 txns
Insider
Cook Tracey H
Role
Chief HR Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 276 | $45.08 | $12K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 17,442 shares (Direct);
Common Stock — 2,156.04 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- F1. In connection with the vesting of 1,080 restricted stock units held by the Reporting Person on March 6, 2026, the Issuer has withheld 276 shares of common stock to satisfy the resulting tax withholding obligation. The withholding of the shares occurred automatically upon the vesting of the units, and as such, no investment decision was made by the Reporting Person.
FAQ
What insider transaction did Fluor (FLR) report for Tracey H. Cook?
Fluor reported that Chief HR Officer Tracey H. Cook had 276 common shares withheld on March 6, 2026. The shares were automatically retained by the company to satisfy taxes upon vesting of 1,080 restricted stock units, rather than sold in the open market.
Was the Fluor (FLR) Form 4 transaction an open-market sale?
No, the Form 4 discloses a tax-withholding disposition, not an open-market sale. The company withheld 276 shares automatically when 1,080 restricted stock units vested, and the footnote explicitly states that no investment decision was made by Tracey H. Cook.
What does the Form 4 footnote say about Tracey H. Cook’s decision-making?
The footnote explains that the share withholding occurred automatically upon vesting of restricted stock units. It specifically notes that no investment decision was made by Tracey H. Cook, underscoring this was a compensation-related tax event rather than a discretionary stock trade.
AI-generated analysis. How Rhea-AI works. Not financial advice.