Flowserve director granted phantom stock units

Johnson Cheryl H reported acquisition or exercise transactions in this Form 4 filing.

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Form Type

Rhea-AI Filing Summary

Johnson Cheryl H reported acquisition or exercise transactions in this Form 4 filing.

Flowserve Corp director Cheryl H. Johnson received two phantom stock awards as part of her board compensation. On 2026-05-14, she was granted 2,573 and 463 phantom stock units, each economically equivalent to one share of common stock under the company’s deferred compensation plan.

The phantom stock will be settled in Flowserve common shares when she terminates service on the board, so there was no open-market buying or selling in this filing.

Insider Trade Summary

Grant/Award: 3,036 shares

Grant/Award 2 txns

Insider Johnson Cheryl H

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock	463	$68.38	$32K
Grant/Award	Phantom Stock	2,573	$67.99	$175K

Holdings After Transaction: Phantom Stock — 14,269 contracts (Direct)

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

Phantom stock grant 1: 2,573 units Phantom stock grant 2: 463 units Phantom stock balance after grant 1: 14,269 units +3 more

6 metrics

Phantom stock grant 1 2,573 units Phantom stock awarded on 2026-05-14 at $67.99 per unit equivalent

Phantom stock grant 2 463 units Phantom stock awarded on 2026-05-14 at $68.38 per unit equivalent

Phantom stock balance after grant 1 14,269 units Total phantom stock reported following larger grant

Phantom stock balance after grant 2 11,696 units Total phantom stock reported following smaller grant

Underlying common stock equivalence 1 2,573 shares Each phantom stock unit equals one Flowserve common share

Underlying common stock equivalence 2 463 shares Each phantom stock unit equals one Flowserve common share

Key Terms

Phantom Stock, economic equivalent, deferred compensation plan, payable in the form of common stock

4 terms

Phantom Stock financial

"Each share of phantom stock is the economic equivalent of one share of common stock"

A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.

economic equivalent financial

"Each share of phantom stock is the economic equivalent of one share of common stock"

deferred compensation plan financial

"represents director compensation deferred in the form of common stock pursuant to the issuer's deferred compensation plan"

A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.

payable in the form of common stock financial

"The shares of phantom stock become payable in the form of common stock upon the reporting person's termination"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Flowserve (FLS) report for Cheryl H. Johnson?

Flowserve reported that director Cheryl H. Johnson received two grants of phantom stock units as compensation. She was awarded 2,573 and 463 units, each tied economically to one Flowserve common share under the company’s deferred compensation plan.

How many phantom stock units did the Flowserve director receive in this Form 4?

Cheryl H. Johnson received 2,573 phantom stock units in one grant and 463 in another. These awards increase her deferred phantom stock holdings, which are designed to mirror the value of Flowserve’s common shares over time.

Is the Flowserve Form 4 for Cheryl H. Johnson a stock purchase or sale?

The Form 4 shows compensation-related grants, not market purchases or sales. Johnson received phantom stock units as director compensation, so there was no open-market trading or immediate cash transaction in Flowserve shares reported here.

What is phantom stock in the context of Flowserve (FLS) director compensation?

Phantom stock is a deferred compensation instrument equal in value to common stock. For Flowserve, each phantom stock unit is economically equivalent to one common share and is paid out in common stock when the director’s board service ends.

When will Cheryl H. Johnson’s Flowserve phantom stock become payable?

Her phantom stock becomes payable upon termination of her service on Flowserve’s board. At that time, the units are settled in Flowserve common stock, aligning her long-term incentives with shareholder outcomes over her board tenure.

How did the phantom stock grants affect Cheryl H. Johnson’s reported Flowserve holdings?

After one phantom stock grant, Johnson’s reported phantom stock balance was 14,269 units, and after the other it was 11,696 units. These balances reflect deferred, stock-linked compensation rather than immediately tradable Flowserve common shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/15/2026 - 04:27 PM EDT

SEC Form 4

FORM 4

UNITED 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^*

Johnson Cheryl H

(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)

X	Director	10% 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)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Phantom Stock	⁽¹⁾	05/14/2026		A		463		⁽²⁾	⁽²⁾	Common Stock	463	$68.38	11,696	D
Phantom Stock	⁽¹⁾	05/14/2026		A		2,573		⁽²⁾	⁽²⁾	Common Stock	2,573	$67.99	14,269	D

Explanation of Responses:

1. 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.

2. 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.

Remarks:

	/s/ Shakeeb U. Mir, attorney-in-fact	05/15/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR