Flowserve (FLS) HR chief settles stock units and withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Flowserve Corp’s Chief Human Resources Officer Brian Boukalik reported equity compensation activity involving restricted stock units and common shares. On March 2, 2026, restricted stock units that vested on March 1, 2026 converted into common stock under the company’s long-term incentive plan.
As part of these settlements, Boukalik acquired common shares through derivative exercises and had portions of the stock (374 and 430 shares) withheld at $88.52 per share to cover tax obligations. The transactions reflect routine vesting and tax-withholding dispositions rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,995 shares exercised/converted
Mixed
6 txns
Insider
Boukalik Brian
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,260 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,735 | $0.00 | -- |
| Exercise | Common Stock | 1,295 | $0.00 | -- |
| Tax Withholding | Common Stock | 374 | $88.52 | $33K |
| Exercise | Common Stock | 1,762 | $0.00 | -- |
| Tax Withholding | Common Stock | 430 | $88.52 | $38K |
Holdings After Transaction:
Restricted Stock Units — 12,896 shares (Direct);
Common Stock — 2,716 shares (Direct)
Footnotes (1)
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FAQ
What insider activity did Flowserve (FLS) report for Brian Boukalik?
Flowserve reported that Chief Human Resources Officer Brian Boukalik settled vested restricted stock units into common stock and had some shares withheld to cover taxes. These transactions reflect routine equity compensation activity under the company’s long-term incentive plan.
Were the Flowserve (FLS) transactions by Brian Boukalik open-market stock purchases or sales?
The reported transactions were not open-market trades. They involved the exercise and settlement of restricted stock units into common stock and tax-withholding dispositions, where shares were delivered at $88.52 per share to satisfy tax liabilities.
What are the restricted stock units mentioned in the Flowserve (FLS) Form 4?
Each restricted stock unit represents the right to receive one share of Flowserve common stock plus accrued dividends at settlement. They were granted to Brian Boukalik under Flowserve’s long-term incentive compensation plan for employees and vested on March 1, 2026.
When did Brian Boukalik’s restricted stock units vest and settle at Flowserve (FLS)?
The restricted stock units vested on March 1, 2026 and settled on the next business day. The Form 4 reflects the resulting share issuances and related tax-withholding stock dispositions recorded on March 2, 2026.