Fluor (FLR) CEO James Breuer gains 17,381 shares from earned performance units
Rhea-AI Filing Summary
FLUOR CORP chief executive officer James R. Breuer reported an equity award in company stock. He acquired 17,381 shares of common stock at no cost through earned performance units that were originally granted in 2023 for a three-year performance period after criteria were determined to be met.
Following this grant, his directly held common stock increased to 119,604 shares. He also has an additional 309.7414 shares held indirectly through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 17,381 shares
Net Buy
2 txns
Insider
Breuer James R
Role
CHIEF EXECUTIVE OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 17,381 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 119,604 shares (Direct);
Common Stock — 309.7414 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- F1. This amount represents earned performance units that were granted in 2023, subject to a three-year performance period, and were earned upon the determination that the performance criteria had been met. Each performance unit represents the contingent right to receive one share of Fluor common stock.
FAQ
What insider transaction did FLR CEO James R. Breuer report on this Form 4?
James R. Breuer reported acquiring 17,381 shares of Fluor common stock at no cost. These shares came from earned performance units that vested after performance criteria for a three-year period, beginning with a 2023 grant, were determined to have been met.
What are the performance units mentioned in the Fluor (FLR) CEO’s Form 4 filing?
The performance units are awards granted in 2023 that represented a contingent right to receive Fluor common stock. Each unit converts into one share if specified performance criteria over a three-year period are met, as determined by the company after that period.
AI-generated analysis. How Rhea-AI works. Not financial advice.