Fluor Corp (NYSE: FLR) insider has shares withheld for RSU taxes
Rhea-AI Filing Summary
Fluor Corp’s executive chairman and director reported an automatic share withholding tied to restricted stock unit vesting. On 12/23/2025, 30,212 restricted stock units vested, and the company withheld 11,889 shares of common stock at $40.90 per share to cover the related tax obligation. This is recorded as a disposition on the insider form, but the filing states that the withholding occurred automatically when the units vested and that no investment decision was made by the insider. Following this transaction, the reporting person directly beneficially owns 780,138 shares of Fluor common stock.
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FAQ
What insider transaction did Fluor Corp (FLR) report in this filing?
The filing reports that on 12/23/2025, Fluor Corp’s executive chairman and director had 11,889 shares of common stock withheld by the company to satisfy tax obligations arising from vested restricted stock units.
Why were 11,889 Fluor (FLR) shares withheld from the executive chairman?
The filing explains that on 12/23/2025, 30,212 restricted stock units vested for the reporting person, and Fluor Corp withheld 11,889 shares of common stock to cover the resulting tax withholding requirement.
Did the Fluor executive chairman make an investment decision to sell these shares?
No. The document states that the withholding of 11,889 shares occurred automatically upon vesting of the restricted stock units, and that no investment decision was made by the reporting person in connection with this transfer.
How many Fluor Corp shares does the insider own after this transaction?
After the automatic tax withholding of 11,889 shares, the reporting person directly beneficially owns 780,138 shares of Fluor Corp common stock.
What transaction code is used for this Fluor (FLR) insider event?
The transaction is reported with code F, indicating shares were withheld by the issuer to satisfy tax withholding obligations related to equity awards.
What type of security is involved in this Fluor insider transaction?
The transaction involves Fluor Corp common stock, which was withheld in connection with the vesting of restricted stock units held by the reporting person.