Equity award gives Fluor (FLR) group president 17,381 new shares
Rhea-AI Filing Summary
Fluor Corp executive Alvin C. Collins III reported an equity award of company stock. On February 16, 2026, he acquired 17,381 shares of Fluor common stock at $0 per share as a grant/award. These shares reflect earned performance units originally granted in 2023 after a three-year performance period, bringing his directly held common stock to 81,764 shares, with an additional 228.6964 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
Collins Alvin C III
Role
GROUP PRESIDENT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 17,381 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 81,764 shares (Direct);
Common Stock — 228.6964 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 did Fluor (FLR) executive Alvin C. Collins III report in this Form 4?
Alvin C. Collins III reported receiving 17,381 shares of Fluor common stock as an equity award. The shares were issued at $0 per share after performance criteria on 2023 performance units were determined to be met.
Was the Fluor (FLR) Form 4 transaction a market purchase or sale?
The Form 4 reports an equity award, not a market trade. Collins acquired 17,381 Fluor shares at $0 per share as earned performance units, meaning no open-market buying or selling occurred in this transaction.
What are the performance units mentioned in the Fluor (FLR) Form 4 filing?
The performance units were granted in 2023 and tied to a three-year performance period. Once Fluor determined the performance criteria were met, each unit converted into the right to receive one share of Fluor common stock for Collins.
What transaction code is used in the Fluor (FLR) Form 4 and what does it mean?
The Form 4 uses transaction code “A,” which indicates a grant, award, or other acquisition. In this case, it reflects Collins receiving 17,381 Fluor shares as earned performance-based equity, rather than buying them in the open market.
AI-generated analysis. How Rhea-AI works. Not financial advice.