STOCK TITAN

Flowserve (NYSE: FLS) director Okray awarded 2,573-share restricted stock grant

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Okray Thomas B reported acquisition or exercise transactions in this Form 4 filing.

Flowserve Corp director Thomas B. Okray received a stock-based compensation grant, increasing his direct holdings. He was awarded 2,573 shares of Flowserve common stock at a reference price of $67.99 per share as a restricted stock grant under the Flowserve Long-Term Incentive Plan. Following this award, he directly holds 13,335 common shares. The restricted shares vest on the earlier of May 14, 2027 or the date of Flowserve’s 2027 annual meeting of shareholders, meaning full ownership is tied to continued board service through that date.

Positive

  • None.

Negative

  • None.
Insider Okray Thomas B
Role null
Type Security Shares Price Value
Grant/Award Common Stock 2,573 $67.99 $175K
Holdings After Transaction: Common Stock — 13,335 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted stock grant 2,573 shares Annual director grant under Flowserve Long-Term Incentive Plan
Grant reference price $67.99 per share Reported transaction price for the restricted stock award
Post-grant holdings 13,335 shares Total Flowserve common shares directly held after the transaction
Vesting date trigger May 14, 2027 Latest vesting date for the restricted shares, or earlier 2027 annual meeting
restricted stock grant financial
"Represents the annual restricted stock grant for the director under the Flowserve Long-Term Incentive Plan."
A restricted stock grant is an award of company shares given to an employee or executive that cannot be sold or transferred until certain conditions are met, such as staying with the company for a set time or hitting performance goals. For investors, it signals how the company ties pay to future performance and can affect the number of shares outstanding and management’s incentives—think of it as a wrapped gift you only keep once you meet the requirements.
Flowserve Long-Term Incentive Plan financial
"Represents the annual restricted stock grant for the director under the Flowserve Long-Term Incentive Plan."
vest financial
"The shares vest on the earlier of May 14, 2027 or the date of Flowserve's 2027 annual meeting of shareholders."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Okray Thomas B

(Last)(First)(Middle)
5215 N. O'CONNOR BOULEVARD
SUITE 700

(Street)
IRVING TEXAS 75039

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
FLOWSERVE CORP [ FLS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/14/2026A2,573(1)A$67.9913,335D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents the annual restricted stock grant for the director under the Flowserve Long-Term Incentive Plan. The shares vest on the earlier of May 14, 2027 or the date of Flowserve's 2027 annual meeting of shareholders.
Remarks:
/s/ Shakeeb U. Mir, attorney-in-fact05/15/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Flowserve (FLS) director Thomas B. Okray report on this Form 4?

Thomas B. Okray reported receiving 2,573 shares of Flowserve common stock as a restricted stock grant. The award is part of the company’s Long-Term Incentive Plan and represents stock-based director compensation rather than an open-market stock purchase or sale.

Is the Okray Form 4 transaction for Flowserve (FLS) a buy or a grant?

The Form 4 shows a grant, not an open-market buy. Okray acquired 2,573 Flowserve common shares coded as an “A” transaction, described as a grant or award under the Flowserve Long-Term Incentive Plan, reflecting routine equity compensation for a director.

How many Flowserve (FLS) shares does Thomas B. Okray hold after this grant?

After the reported grant, Okray directly holds 13,335 Flowserve common shares. This figure includes the newly awarded 2,573 restricted shares, which remain subject to vesting conditions tied to his continued service on Flowserve’s board of directors.

When do Thomas B. Okray’s new Flowserve (FLS) restricted shares vest?

The 2,573 restricted Flowserve shares vest on the earlier of May 14, 2027 or the date of Flowserve’s 2027 annual shareholder meeting. Until vesting, the award remains subject to service-based conditions under the company’s Long-Term Incentive Plan.

What plan governs the restricted stock grant reported by Flowserve (FLS) director Okray?

The restricted stock grant is made under the Flowserve Long-Term Incentive Plan. The footnote explains that it represents Okray’s annual restricted stock grant as a director, with vesting tied to the earlier of May 14, 2027 or the 2027 annual meeting.