FLR Form 4: Fluor Enterprises reduces stake by 2.81M shares
Rhea-AI Filing Summary
Fluor Corporation (FLR) reported multiple open-market sales of Class A common stock by its wholly owned subsidiary between 10/02/2025 and 10/06/2025
The filings show a series of dispositions totaling 2,805,017 shares sold across nine transactions at weighted-average prices ranging from $36.98 to $43.96. Beneficial ownership held of record by Fluor Enterprises, Inc. fell from 3,167,494 shares after the earliest block to 908,761 shares following the final reported sale, all reported as indirect ownership. The Form 4 is signed by Fluor's Chief Legal Officer on 10/06/2025 and includes footnotes disclosing price ranges and that Fluor Enterprises, Inc. is a wholly owned subsidiary of Fluor Corporation.
Positive
- Transactions were publicly disclosed via a timely Form 4 signed on 10/06/2025
- Price ranges and weighted-average prices are provided for transparency
Negative
- Indirect beneficial ownership decreased materially from 3,167,494 to 908,761 shares between 10/02/2025 and 10/06/2025
- Large aggregate sales of 2,805,017 shares occurred over a short period, which may be viewed as a significant reduction in insider-held stock
Insights
TL;DR: Significant, multi-day insider disposition reduced indirect holdings materially.
The reporting shows consecutive open-market sales totaling 2,805,017 shares between 10/02/2025 and 10/06/2025, with weighted-average prices disclosed and price ranges provided in footnotes. The shares are held of record by Fluor Enterprises, Inc., a wholly owned subsidiary, and the transactions are reported as indirect beneficial ownership changes.
This pattern is a governance signal: the board-level reporting person (entity-level ownership) materially lowered its recorded stake from 3,167,494 to 908,761 shares during the period. Watch for updated ownership schedules or additional filings within the next reporting cycle that could further clarify intent or continuing dispositions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 398,382 | $42.02 | $16.74M |
| Sale | Class A Common Stock | 418,131 | $42.67 | $17.84M |
| Sale | Class A Common Stock | 37,520 | $43.62 | $1.64M |
| Sale | Class A Common Stock | 255,437 | $39.28 | $10.03M |
| Sale | Class A Common Stock | 459,058 | $40.19 | $18.45M |
| Sale | Class A Common Stock | 83,077 | $40.90 | $3.40M |
| Sale | Class A Common Stock | 256,784 | $37.45 | $9.62M |
| Sale | Class A Common Stock | 381,623 | $38.54 | $14.71M |
| Sale | Class A Common Stock | 225,505 | $39.33 | $8.87M |
Footnotes (1)
- The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.98 to $37.97, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in footnotes (1), (3), (4), (5), (6), (7), (8), (9) and (10) to this Form 4. The shares are owned of record by Fluor Enterprises, Inc., which is a wholly owned subsidiary of Fluor Corporation, whose principal place of business is 6700 Las Colinas Blvd., Irving, Texas 75039. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.98 to $38.97, inclusive. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.98 to $39.59, inclusive. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.69 to $39.68, inclusive. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.69 to $40.68, inclusive. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.69 to $41.25, inclusive. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.33 to $42.32, inclusive. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.33 to $43.32, inclusive. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.33 to $43.96, inclusive.