Fluor Corp. Announces 2024 Annual Meeting of Stockholders

Ticker: FLR · Form: DEF 14A · Filed: Mar 13, 2024

Sentiment: neutral

Topics: Fluor Corp, Annual Meeting, Proxy Statement, Stockholder Vote, Executive Compensation

TL;DR

<b>Fluor Corporation invites stockholders to its virtual 2024 Annual Meeting on May 1st to vote on director elections, auditor ratification, and executive compensation.</b>

AI Summary

FLUOR CORP (FLR) filed a Proxy Statement (DEF 14A) with the SEC on March 13, 2024. Fluor Corporation will hold its 2024 annual meeting of stockholders on May 1, 2024, at 8:30 a.m. CDT. The meeting will be conducted virtually at www.virtualshareholdermeeting.com/FLR2024. Stockholders will vote on the election of ten directors. The ratification of Ernst & Young LLP as Fluor's independent registered accounting firm is on the agenda. A non-binding advisory vote to approve the compensation of named executive officers will also take place.

Why It Matters

For investors and stakeholders tracking FLUOR CORP, this filing contains several important signals. The annual meeting is a key governance event where stockholders elect directors and ratify auditor appointments, directly impacting the company's oversight and financial reporting. The virtual format allows for broader participation, ensuring more stockholders can exercise their voting rights on important company matters.

Risk Assessment

Risk Level: low — FLUOR CORP shows low risk based on this filing. The filing is a routine proxy statement for an annual meeting, containing standard governance and compensation information with no immediate financial or operational disclosures.

Analyst Insight

Stockholders should review the proxy materials to make informed voting decisions on director nominees, auditor ratification, and executive compensation.

Key Numbers

Key Players & Entities

FAQ

When did FLUOR CORP file this DEF 14A?

FLUOR CORP filed this Proxy Statement (DEF 14A) with the SEC on March 13, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by FLUOR CORP (FLR).

Where can I read the original DEF 14A filing from FLUOR CORP?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by FLUOR CORP.

What are the key takeaways from FLUOR CORP's DEF 14A?

FLUOR CORP filed this DEF 14A on March 13, 2024. Key takeaways: Fluor Corporation will hold its 2024 annual meeting of stockholders on May 1, 2024, at 8:30 a.m. CDT.. The meeting will be conducted virtually at www.virtualshareholdermeeting.com/FLR2024.. Stockholders will vote on the election of ten directors..

Is FLUOR CORP a risky investment based on this filing?

Based on this DEF 14A, FLUOR CORP presents a relatively low-risk profile. The filing is a routine proxy statement for an annual meeting, containing standard governance and compensation information with no immediate financial or operational disclosures.

What should investors do after reading FLUOR CORP's DEF 14A?

Stockholders should review the proxy materials to make informed voting decisions on director nominees, auditor ratification, and executive compensation. The overall sentiment from this filing is neutral.

How does FLUOR CORP compare to its industry peers?

Fluor Corporation operates in the construction and engineering industry, providing services for government and commercial clients globally.

Are there regulatory concerns for FLUOR CORP?

The filing is made under the Securities Exchange Act of 1934, specifically Schedule 14A, which governs the solicitation of proxies.

Industry Context

Fluor Corporation operates in the construction and engineering industry, providing services for government and commercial clients globally.

Regulatory Implications

The filing is made under the Securities Exchange Act of 1934, specifically Schedule 14A, which governs the solicitation of proxies.

What Investors Should Do

  1. Review the proxy statement for details on director nominees and their qualifications.
  2. Evaluate the company's proposed independent auditor and the rationale for ratification.
  3. Consider the advisory vote on executive compensation and its alignment with company performance.

Key Dates

Year-Over-Year Comparison

This is the initial filing for the 2024 proxy season, providing details for the upcoming annual meeting.

Filing Stats: 4,402 words · 18 min read · ~15 pages · Grade level 14.4 · Accepted 2024-03-13 16:26:04

Key Financial Figures

Filing Documents

From the Filing

tm242619-1_nonfiling - none - 16.6100558s TABLE OF CONTENTS UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant Filed by a party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material under 240.14a-12 FLUOR CORPORATION (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): No fee required. Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 TABLE OF CONTENTS TABLE OF CONTENTS DEAR FELLOW STOCKHOLDERS: On behalf of our Board of Directors, thank you for your investment in Fluor. Our Board appreciates that it is elected by you, our stockholders, to oversee the management of our Company for the long-term benefit of all stakeholders. We are pleased to invite you to join us at our 2024 annual meeting of stockholders to be held on Wednesday, May 1, 2024, at 8:30 a.m., Central Daylight Time. This year's meeting will again be held virtually at www.virtualshareholdermeeting.com/FLR2024 . At this year's meeting, we will vote on the election of ten directors and the ratification of Ernst & Young LLP as Fluor's independent registered accounting firm. We will also hold a non-binding advisory vote to approve the compensation of Fluor's named executive officers. Members of management will report on the state of the Company and respond to stockholder questions. It is important that your shares be represented and voted at the annual meeting regardless of how many shares you own. Whether or not you plan to join the meeting, we encourage you to review our proxy materials and promptly cast your vote over the internet or by phone. Alternatively, if you receive a paper copy of the proxy materials by mail, you may vote by signing, dating and mailing the proxy card or voting instruction card in the envelope provided. Voting in any one of these ways will ensure that your shares are represented at the meeting. Our Board remains committed to serving your interests and appreciates your continued support of our Company. We look forward to you joining us virtually on May 1 st . Sincerely, David E. Constable Chairman and Chief Executive Officer March 13, 2024 "THANK YOU FOR YOUR INVESTMENT IN FLUOR . . . . OUR BOARD REMAINS COMMITTED TO SERVING YOUR INTERESTS AND APPRECIATES YOUR CONTINUED SUPPORT OF OUR COMPANY." TABLE OF CONTENTS NOTICE OF ANNUAL MEETING OF STOCKHOLDERS VOTING DETAILS When Wednesday, May 1, 2024 8:30 a.m. Central Daylight Time Where Online at: www.virtualshareholdermeeting.com/FLR2024 Record Date Close of business on March 4, 2024 ITEMS OF BUSINESS 1 The election of the ten directors named in the proxy statement to serve until the 2025 annual meeting of stockholders. 2 An advisory vote to approve the Company's executive compensation. 3 The ratification of the appointment of Ernst & Young LLP as independent registered public accounting firm for 2024. 4 Such other matters as may be properly presented at the meeting. All stockholders of record at the close of business on March 4, 2024, are entitled to receive notice of, and to vote at, the annual meeting of stockholders and any adjournment or postponement thereof. The annual meeting will be a virtual meeting, conducted exclusively online at www.virtualshareholdermeeting.com/FLR2024 . Stockholders as of the record date may participate in the annual meeting online, vote or submit questions by visiting the meeting website and logging in with the control number on their proxy card, voting instruction form or Notice of Internet Availability of Proxy Materials (the "Notice"). Instructions on how to further participate in the annual meeting are described in the accompanying proxy statement. Please cast your vote by either voting your shares over the internet or by phone, as promptly as possible. Alternatively, if you have received paper copies of your proxy materials, you may complete, sign, date and promptly return the proxy card or voting instruction card in the postage-prepaid return envelope provided. Your prompt response is necessary to ensure that your shares are represented. If you wish to receive paper copies of your proxy materials, including the proxy card or voting instruction card, follow the instructions in the Notice. By Order of the Board of Directors, John R. Reynolds Executive Vice President, Chief Legal Officer and Secretary March 13, 2024, Irving, Texas IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY

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