Flowserve (FLS) CEO acquires 58 shares in employee stock plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Flowserve Corporation President & CEO Robert Scott Rowe acquired 58 shares of Common Stock in a prescheduled transaction under the non-qualified Flowserve Corporation 2024 Employee Stock Purchase Plan. The shares were acquired at a price of $75.51 per share, bringing his directly held stake to 507,775 shares following the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rowe Robert Scott
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 58 | $75.51 | $4K |
Holdings After Transaction:
Common Stock — 507,775 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares acquired: 58 shares
Acquisition price: $75.51 per share
Total holdings after transaction: 507,775 shares
3 metrics
Shares acquired
58 shares
Grant/award acquisition of Common Stock
Acquisition price
$75.51 per share
Price for 58 acquired shares
Total holdings after transaction
507,775 shares
Direct Common Stock owned after acquisition
Key Terms
Employee Stock Purchase Plan, non-qualified, grant/award acquisition, Form 4
4 terms
Employee Stock Purchase Plan financial
"Shares acquired under the non-qualified Flowserve Corporation 2024 Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
non-qualified financial
"Shares acquired under the non-qualified Flowserve Corporation 2024 Employee Stock Purchase Plan"
grant/award acquisition financial
"transaction_action: grant/award acquisition for the 58 acquired shares"
Form 4 regulatory
"INSIDER FILING DATA (Form 4) describing the CEO’s share acquisition"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Flowserve (FLS) report for Robert Scott Rowe?
Flowserve reported that President & CEO Robert Scott Rowe acquired 58 shares of Common Stock. These shares were obtained through the 2024 Employee Stock Purchase Plan in a prescheduled transaction, adding to his existing direct holdings reported after the transaction.
Does the Flowserve (FLS) Form 4 show a buy or a grant for the CEO?
The Form 4 characterizes the CEO’s transaction as a grant, award, or other acquisition. It is coded as an “A” transaction, indicating a grant-type acquisition rather than an open-market purchase or sale of Flowserve Common Stock.