Flowserve president acquires 3,049 shares
The restricted stock units vest ratably over three years beginning September 22, 2026, and settle on the next business day.
Rhea-AI Filing Summary
Flowserve Corp President, FPD, Matthew Carl Klopfer reported disposing of 3,010 restricted stock units through an exercise or conversion on September 23, 2026; 16,820 RSUs were reported following the transaction. Each unit represents the right to receive one common share at settlement, and the units vest ratably over three years beginning September 22, 2026, settling on the next business day. On September 23, he also acquired 3,049 common shares and reported 1,200 common shares delivered or withheld for payment of exercise price or tax liability at $74.67 per share. No Rule 10b5-1 plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1 | 3,010 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,049 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,200 | $74.67 | $90K |
Footnotes (1)
- F1. Each restricted stock unit represents the right to receive, at settlement, one share of common stock and are granted to the reporting person pursuant to the issuer's long-term incentive compensation plan for employees. The shares vest ratably over a three-year period beginning on September 22, 2026, and settle on the next business day.
Key Figures
Key Terms
restricted stock unit financial
vest ratably financial
long-term incentive compensation plan financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What happened to Matthew Carl Klopfer’s FLS restricted stock units?
AI-generated analysis. How Rhea-AI works. Not financial advice.