Alexander Michael E. 4
4 · FLUOR CORP · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
Fluor (FLR) Group President Michael E. Alexander Withholds 678 Shares
What Happened
Michael E. Alexander, Group President of Fluor Corporation, had 678 shares of FLR withheld to satisfy tax withholding on the vesting of 2,783 restricted stock units. The withheld shares were valued at $45.08 each, totaling $30,564, and the withholding occurred on March 6, 2026. This was an automated tax-withholding disposition (code F), not an open-market sale.
Key Details
- Transaction date: March 6, 2026; filing date: March 10, 2026 (filed within the two-business-day window).
- Shares withheld: 678 at $45.08; total value $30,564.
- Related award: 2,783 restricted stock units vested on March 6, 2026 (678 shares withheld to cover taxes).
- Shares owned after transaction: not specified in the provided excerpt.
- Footnote: Withholding occurred automatically upon vesting; the reporting person made no investment decision regarding the withholding.
Context
Tax-withholding on RSU vesting is routine and typically does not signal insider buying or selling intent—it's a disposition to cover tax liability. This was not a market sale or a purchase; it reflects the mechanics of equity compensation vesting rather than a trade-based opinion on the company's prospects.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-03-06$45.08/sh−678$30,564→ 67,986.191 total
- 2,230.11(indirect: By 401(k))
Common Stock
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.