Flowserve director awarded 944 phantom stock units
GARRISON JOHN L JR reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
GARRISON JOHN L JR reported acquisition or exercise transactions in this Form 4 filing.
Flowserve Corp director John L. Garrison Jr. reported a grant of 944 shares of phantom stock on 2026-08-11 as director compensation deferred in stock form under the company’s deferred compensation plan. Each phantom stock unit is the economic equivalent of one share of common stock and becomes payable in common shares upon his termination of service on the board. Following this award, he directly holds 41,629 phantom stock units linked to Flowserve common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock F1, F2 | 944 | $80.64 | $76K |
Footnotes (2)
- F1. Each share of phantom stock is the economic equivalent of one share of common stock, and represents director compensation deferred in the form of common stock pursuant to the issuer's deferred compensation plan.
- F2. The shares of phantom stock become payable in the form of common stock upon the reporting person's termination of service as a member of the issuer's board of directors.
Key Figures
Key Terms
Phantom Stock financial
deferred compensation plan financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Flowserve (FLS) director John L. Garrison Jr. report on this Form 4?
How many Flowserve (FLS) phantom stock units does John L. Garrison Jr. now hold?
What is the economic value basis of the Flowserve (FLS) phantom stock grant?
When will the Flowserve (FLS) phantom stock become payable to John L. Garrison Jr.?
Is the Flowserve (FLS) phantom stock grant a market purchase or a compensation award?
AI-generated analysis. How Rhea-AI works. Not financial advice.