FLS insider Form 4 shows monthly ESPP purchases, 444,370 shares
Rhea-AI Filing Summary
Flowserve Corp (FLS) insider activity: A reporting person who serves as Director and President & CEO reported a series of small open‑market acquisitions of common stock tied to the company’s 2024 Employee Stock Purchase Plan. The transactions occurred monthly from 12/02/2024 through 08/01/2025, with share amounts including 34 at $61.02, 74 at $57.52, 102 at $62.62, 77 at $55.04, 87 at $48.84, 98 at $45.23, 88 at $49.91, 85 at $52.35, and 10 at $56.04.
Following these reported transactions, the insider’s beneficial ownership stood at 444,370 shares held directly. The filing notes these shares were acquired under the non‑qualified Flowserve Corporation 2024 Employee Stock Purchase Plan in monthly, prescheduled transactions that were previously inadvertently not disclosed.
Positive
- None.
Negative
- None.
Insights
Routine ESPP purchases; limited market impact.
The reported buys are small, periodic acquisitions under an employee stock purchase plan, spread across nine months with modest per‑trade share counts. Such transactions are typically administrative and reflect payroll-like participation rather than discretionary, large-scale insider buying.
The insider’s beneficial ownership reached 444,370 shares after the updates, but no single trade is large enough to suggest a directional signal. The note that transactions were previously inadvertently not disclosed indicates a catch-up filing, a compliance action that generally does not alter the investment thesis.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10 | $56.04 | $560.40 |
| Grant/Award | Common Stock | 85 | $52.35 | $4K |
| Grant/Award | Common Stock | 88 | $49.91 | $4K |
| Grant/Award | Common Stock | 98 | $45.23 | $4K |
| Grant/Award | Common Stock | 87 | $48.84 | $4K |
| Grant/Award | Common Stock | 77 | $55.04 | $4K |
| Grant/Award | Common Stock | 102 | $62.62 | $6K |
| Grant/Award | Common Stock | 74 | $57.52 | $4K |
| Grant/Award | Common Stock | 34 | $61.02 | $2K |
Footnotes (1)
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