Fluor (NYSE: FLR) CLO exercises options, then sells 2,988 shares

Rhea-AI Filing Summary

Fluor Corp chief legal officer Kevin B. Hammonds exercised employee stock options covering 2,988 shares on 2026-02-20, acquiring common stock at an exercise price of $46.07 per share. He then sold 2,988 common shares in open-market transactions at a weighted average price of $52.6134 per share, at prices ranging from $52.31 to $53.08. Following these transactions, he directly held 16,273 Fluor common shares.

Insider Trade Summary

Net Seller: 2,988 shares ($157,209)

Net Sell 3 txns

Insider Hammonds Kevin B

Role CHIEF LEGAL OFFICER

Sold 2,988 shs ($157K)

Type	Security	Shares	Price	Value
Exercise	Employee Stock Option (Right to Buy)	2,988	$0.00	--
Exercise	Common Stock	2,988	$46.07	$138K
Sale	Common Stock	2,988	$52.6134	$157K

Holdings After Transaction: Employee Stock Option (Right to Buy) — 0 shares (Direct); Common Stock — 19,261 shares (Direct)

Footnotes (1)

1. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $52.31 to $53.08, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The options vested in three equal annual installments beginning on March 6, 2017.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hammonds Kevin B

(Last) (First) (Middle)

C/O FLUOR CORPORATION

6700 LAS COLINAS BLVD.

(Street)

IRVING TX 75039

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
FLUOR CORP [ FLR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CHIEF LEGAL OFFICER

3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/20/2026		M		2,988	A	$46.07	19,261	D
Common Stock	02/20/2026		S		2,988	D	$52.6134(1)	16,273	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (Right to Buy)	$46.07	02/20/2026		M			2,988	(2)	02/23/2026	Common Stock	2,988	$0	0	D

Explanation of Responses:

1. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $52.31 to $53.08, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

2. The options vested in three equal annual installments beginning on March 6, 2017.

	/s/ Nicholas A. Gaspard by Power of Attorney	02/23/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did FLR chief legal officer Kevin Hammonds report?

Kevin B. Hammonds reported exercising options for 2,988 Fluor shares and selling 2,988 common shares on February 20, 2026. The transactions converted employee stock options into stock and then into cash, leaving him with direct ownership of 16,273 common shares afterward.

At what prices did Kevin Hammonds sell FLR stock in this Form 4 filing?

He sold 2,988 Fluor common shares at a weighted average price of $52.6134 per share. According to the disclosure, the individual trades occurred in multiple transactions at prices ranging from $52.31 to $53.08, inclusive, across that same trading date.

How many Fluor (FLR) shares does Kevin Hammonds own after these transactions?

After the reported option exercise and subsequent sale, Kevin B. Hammonds directly owned 16,273 shares of Fluor common stock. This figure reflects his post-transaction balance following the conversion of 2,988 options and the open-market sale of 2,988 common shares.

What type of derivative security did Kevin Hammonds exercise for his FLR shares?

He exercised an Employee Stock Option, described as a right to buy Fluor common stock. The options covered 2,988 shares, vested in three equal annual installments beginning March 6, 2017, and were converted into common stock before the related open-market sale.

Was the Kevin Hammonds sale of FLR shares an open-market transaction?

Yes, the 2,988 Fluor common shares were sold in open-market transactions. The filing characterizes the activity as a sale in open market or private transaction, with a reported weighted average sales price of $52.6134 per share across multiple individual trades.