Flowserve (NYSE: FLS) CAO logs RSU vesting and tax share disposals
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Flowserve Corp’s Chief Accounting Officer Scott K. Vopni reported the vesting and settlement of restricted stock units into common shares on March 2, 2026. Some of the newly issued shares were automatically withheld to cover tax obligations at $88.52 per share, leaving him with 19,573 shares of directly owned common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,992 shares exercised/converted
Mixed
6 txns
Insider
VOPNI SCOTT K
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,802 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,190 | $0.00 | -- |
| Exercise | Common Stock | 1,860 | $0.00 | -- |
| Tax Withholding | Common Stock | 520 | $88.52 | $46K |
| Exercise | Common Stock | 1,209 | $0.00 | -- |
| Tax Withholding | Common Stock | 295 | $88.52 | $26K |
Holdings After Transaction:
Restricted Stock Units — 13,651 shares (Direct);
Common Stock — 19,179 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transactions did Flowserve (FLS) CAO Scott K. Vopni report?
Scott K. Vopni reported vesting and settlement of restricted stock units into Flowserve common stock on March 2, 2026. Several transactions reflect derivative exercises and related common stock issuances, alongside share withholdings to satisfy tax obligations at a stated price of $88.52 per share.
What does the restricted stock unit footnote in the Flowserve (FLS) Form 4 explain?
The footnote explains each restricted stock unit equals one Flowserve common share plus accrued dividends at settlement. These units were granted under the employee long-term incentive plan, vested on March 1, 2026, and settled in common stock on the next business day.
What transaction codes appear in the Flowserve (FLS) Form 4 for the CAO?
The filing uses code M for exercises or conversions of derivative securities and code F for tax-withholding dispositions. These codes show restricted stock units converting into common stock, with some resulting shares withheld to pay taxes rather than sold on the open market.