Fluor Corp (NYSE: FLR) chair reports 92,243 shares withheld for taxes
Rhea-AI Filing Summary
Fluor Corp Executive Chairman David E. Constable reported an automatic tax-withholding event related to equity compensation. On March 6, 2026, 92,243 shares of common stock were withheld to cover taxes when 86,946 restricted stock units and 155,628 performance units vested. After this non-market disposition, he directly holds 843,523 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 92,243 shares
Net Sell
1 txn
Insider
Constable David E
Role
Executive Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 92,243 | $45.08 | $4.16M |
Holdings After Transaction:
Common Stock — 843,523 shares (Direct)
Footnotes (1)
- F1. In connection with the vesting of 86,946 restricted stock units and 155,628performance units held by the Reporting Person on March 6, 2026, the Issuer has withheld 92,243 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 CORP (FLR) report for David E. Constable?
FLUOR CORP reported that Executive Chairman David E. Constable had 92,243 common shares withheld on March 6, 2026 to satisfy tax obligations tied to vesting equity awards. This was an automatic tax-withholding event, not an open-market trade.
Was the FLR insider transaction a market sale or a tax-withholding event?
The FLR insider transaction was a tax-withholding event, not a market sale. Shares were automatically withheld by the issuer to satisfy tax liabilities arising from vesting restricted stock units and performance units, and the filing states no investment decision was made by Constable.
What equity awards vested for David E. Constable at FLUOR CORP on March 6, 2026?
On March 6, 2026, 86,946 restricted stock units and 155,628 performance units held by David E. Constable vested. To satisfy the resulting tax withholding obligation, the company automatically withheld 92,243 shares of common stock, as detailed in the Form 4 footnote.
AI-generated analysis. How Rhea-AI works. Not financial advice.