Flowserve (NYSE: FLS) CAO logs RSU vesting and tax share disposals
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
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Negative
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Insider Trade Summary
Net Buyer: 2,254 shares
Net Buy
6 txns
Insider
VOPNI SCOTT K
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,802 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,190 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,860 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 520 | $88.52 | $46K |
| Exercise | Common Stock | 1,209 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 295 | $88.52 | $26K |
Holdings After Transaction:
Restricted Stock Units — 12,461 shares (Direct);
Common Stock — 19,573 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 restricted stock units vested on March 1, 2026, and settled on the next business day.
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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.