Flowco (FLOC) EVP sells 54,706 shares via trading plan
Rhea-AI Filing Summary
Flowco Holdings Inc. executive Chad Roberts, EVP of Production Solutions, sold 54,706 shares of Class A common stock on 02/03/2026 at $22.3924 per share in a planned transaction. After the sale, he directly holds 67,008 shares.
The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted by Roberts on May 14, 2025, which allows insiders to sell shares according to a preset schedule.
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FAQ
What insider transaction did Flowco Holdings (FLOC) report for Chad Roberts?
Flowco reported that EVP Chad Roberts sold 54,706 shares of Class A common stock on February 3, 2026. The sale was reported on a Form 4 filing and reflects a planned disposition of shares by a senior executive.
At what price did Chad Roberts sell Flowco (FLOC) shares and how many does he still own?
Chad Roberts sold 54,706 Flowco shares at $22.3924 each in this transaction. Following the sale, he directly owns 67,008 shares of Flowco Holdings Inc. Class A common stock, as disclosed in the Form 4.
Was the Flowco (FLOC) insider sale by Chad Roberts under a Rule 10b5-1 plan?
Yes. The Form 4 states the sales were made under a Rule 10b5-1 plan adopted by Chad Roberts on May 14, 2025. Such plans pre-schedule trades, helping executives diversify holdings while limiting concerns about trading on nonpublic information.
What is Chad Roberts’ role at Flowco Holdings (FLOC)?
Chad Roberts is an officer of Flowco Holdings, serving as EVP, Production Solutions. His position makes him a Section 16 reporting person, requiring disclosure of his trades in company stock on Form 4 filings with the SEC.
How is ownership reported for Chad Roberts’ Flowco (FLOC) shares after the sale?
After the reported sale, Chad Roberts holds 67,008 shares as direct ownership. The Form 4 classifies these remaining shares as directly owned, with no separate indirect ownership entity listed in the transaction details.