Flowserve (FLS) CHRO’s RSU vesting leads to tax share withholding
Rhea-AI Filing Summary
Flowserve Corp’s Chief Human Resources Officer Brian Boukalik reported routine equity compensation activity involving restricted stock units and related tax withholding. On June 16, 2026, 681 restricted stock units were converted into the same number of common shares, reflecting a derivative exercise tied to his long-term incentive plan. To cover tax obligations, 171 shares of common stock were disposed of at $78.07 per share through a tax-withholding mechanism rather than an open-market sale. Following these transactions, Boukalik directly holds 4,204 shares of common stock and 10,480 restricted stock units, which vest ratably over three years beginning on June 15, 2025 and settle the next business day after vesting.
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Insider Trade Summary
Net Buyer: 530 shares
Net Buy
3 txns
Insider
Boukalik Brian
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 681 | $0.00 | $0.00 |
| Exercise | Common Stock | 701 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 171 | $78.07 | $13K |
Holdings After Transaction:
Restricted Stock Units — 10,480 shares (Direct);
Common Stock — 4,204 shares (Direct)
Footnotes (1)
- F1. Each restricted stock unit represents the right to receive, at settlement, one share of common stock (plus dividends accrued on the underlying shares) and are granted to the reporting person pursuant to the issuer's long-term incentive compensation plan for employees. These shares vest ratably over a three-year period beginning on June 15, 2025, and settle on the next business day.
Key Figures
RSUs converted: 681 units
Shares withheld for tax: 171 shares
Withholding price: $78.07 per share
+3 more
6 metrics
RSUs converted
681 units
Restricted stock units converted to common stock on June 16, 2026
Shares withheld for tax
171 shares
Tax-withholding disposition on June 16, 2026
Withholding price
$78.07 per share
Value used for 171-share tax-withholding disposition
Common shares held
4,375 shares
Total Flowserve common stock directly held after transactions
RSUs outstanding
10,480 units
Restricted stock units remaining after the June 16, 2026 activity
RSU vesting start
June 15, 2025
Beginning of three-year ratable vesting period for RSUs
Key Terms
Restricted Stock Units, long-term incentive compensation plan, tax-withholding disposition, derivative exercise/conversion
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents the right to receive, at settlement, one share of common stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
long-term incentive compensation plan financial
"are granted to the reporting person pursuant to the issuer's long-term incentive compensation plan for employees"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
FAQ
What insider transactions did Flowserve (FLS) report for Brian Boukalik?
Flowserve reported that Chief Human Resources Officer Brian Boukalik had 681 restricted stock units convert into common stock and 171 shares withheld to cover taxes, all recorded on June 16, 2026 as routine equity compensation activity.
Did the Flowserve (FLS) insider transaction involve an open-market sale?
No, the disposition involved 171 shares withheld at $78.07 per share to satisfy tax obligations, not an open-market sale. The filing characterizes this as a tax-withholding disposition associated with equity compensation, rather than a discretionary share sale.
What happened to Brian Boukalik’s restricted stock units at Flowserve (FLS)?
On June 16, 2026, 681 restricted stock units were exercised and converted into 681 Flowserve common shares. These units are granted under the company’s long-term incentive compensation plan and represent equity-based compensation for the executive.
How do Flowserve (FLS) restricted stock units vest for Brian Boukalik?
Each restricted stock unit entitles Boukalik to one Flowserve common share plus accrued dividends at settlement. According to the filing, these RSUs vest ratably over a three-year period beginning on June 15, 2025, and settle on the next business day after vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
