Fluor (NYSE: FLR) executive stock withheld to satisfy tax obligations
Rhea-AI Filing Summary
Fluor Corp Group President Michael E. Alexander reported an automatic tax-withholding event tied to restricted stock units. On March 6, 2026, 2,783 restricted stock units vested and the company withheld 678 common shares at $45.08 per share to satisfy taxes, without any investment decision by Alexander. Following this, he directly holds 67,986.191 shares, plus 2,230.110 shares held indirectly through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 678 shares
Net Sell
2 txns
Insider
Alexander Michael E.
Role
GROUP PRESIDENT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 678 | $45.08 | $31K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 67,986.191 shares (Direct);
Common Stock — 2,230.11 shares (Indirect, By 401(K) Plan)
Footnotes (1)
- F1. In connection with the vesting of 2,783 restricted stock units held by the Reporting Person on March 6, 2026, the Issuer has withheld 678 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 (FLR) report for Michael E. Alexander?
Fluor reported an automatic tax-withholding disposition for Group President Michael E. Alexander. When his restricted stock units vested, the company withheld 678 common shares to cover tax obligations, rather than Alexander executing a discretionary market sale of stock.
How many Fluor (FLR) restricted stock units vested for Michael E. Alexander?
A total of 2,783 restricted stock units vested for Michael E. Alexander on March 6, 2026. These units converted into common shares, with part of the resulting stock withheld by the company to satisfy tax withholding obligations associated with the vesting event.
Did Michael E. Alexander make an investment decision in this Fluor (FLR) Form 4?
No discretionary investment decision was made by Michael E. Alexander. The company footnote states the 678-share withholding occurred automatically when 2,783 restricted stock units vested, solely to satisfy tax obligations, distinguishing it from a voluntary buy or sell transaction.
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