Fluor Corp (FLR) CLO receives 11,643-share restricted stock grant in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fluor Corp chief legal officer Kevin B. Hammonds received an equity grant in the form of restricted stock units. He acquired 11,643 shares of common stock at a price of $0.00 per share, classified as a grant or award acquisition. After this award, his directly held common stock position is 27,916 shares. The units were granted as restricted stock units that will vest in three equal annual installments, beginning on March 6, 2027, which means the value is realized over several years as the vesting conditions are met.
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 |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,643 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 27,916 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Fluor Corp (FLR) report for Kevin B. Hammonds?
Fluor Corp reported that chief legal officer Kevin B. Hammonds received a grant of 11,643 shares of common stock. The award was recorded at $0.00 per share as a grant or award acquisition, increasing his directly held position to 27,916 shares after the transaction.
How do the restricted stock units granted to Fluor’s Kevin Hammonds vest?
The restricted stock units granted to Kevin Hammonds vest in three equal annual installments. Vesting begins on March 6, 2027, meaning the award becomes earned over time, with one-third of the units vesting each year across three consecutive years, subject to the vesting conditions.
What transaction code was used in the Fluor Corp (FLR) Form 4 for Kevin Hammonds?
The Form 4 used transaction code “A,” which stands for a grant, award, or other acquisition. This code confirms that the 11,643 Fluor common stock shares reported were issued to Kevin Hammonds as an equity grant rather than purchased or sold on the market.