[Form 4] FLUOR CORP Insider Trading Activity
Rhea-AI Filing Summary
Fluor Corp group president Mark E. Fields acquired 17,381 shares of common stock through an equity award at no cost. The shares represent earned performance units originally granted in 2023 after a three-year performance period. Following this grant, his direct holdings total 194,513.8 shares of Fluor common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 17,381 shares
Net Buy
1 txn
Insider
Fields Mark E
Role
GROUP PRESIDENT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 17,381 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 194,513.8 shares (Direct)
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 did Fluor (FLR) executive Mark E. Fields report in this Form 4?
Mark E. Fields reported acquiring 17,381 shares of Fluor common stock via an equity award. These shares were earned from performance units granted in 2023 after meeting specified performance criteria over a three-year period.
What are the performance units mentioned in the Fluor (FLR) Form 4 filing?
The performance units are awards granted in 2023 that vest based on three-year performance criteria. Each performance unit represents a contingent right to receive one share of Fluor common stock once the company confirms that the performance conditions were satisfied.
Was the Fluor (FLR) Form 4 transaction an open-market purchase or sale?
No, the transaction was classified as a grant or award acquisition, not an open-market trade. The 17,381 shares were issued at a price of $0.00 per share upon vesting of previously granted performance units tied to company performance.
What role does Mark E. Fields hold at Fluor (FLR) in this Form 4?
Mark E. Fields is identified as a Group President at Fluor Corp. His Form 4 filing reflects an executive compensation event where earned performance units, granted in 2023, converted into 17,381 shares of common stock after performance goals were achieved.
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