Flowserve (NYSE: FLS) CLO logs RSU vesting and tax-share moves
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Flowserve Chief Legal Officer Susan Claire Hudson reported multiple equity award transactions involving restricted stock units and common stock. Restricted stock units granted under the long-term incentive plan vested on March 1, 2026 and settled into common shares on the next business day.
Some of the newly delivered shares were used in tax-withholding dispositions at $88.52 per share, rather than open-market sales. After these exercises, awards, and tax withholdings, Hudson directly owns 24,681 shares of Flowserve common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,332 shares exercised/converted
Mixed
7 txns
Insider
Hudson Susan Claire
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,196 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,136 | $0.00 | -- |
| Exercise | Common Stock | 3,300 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,352 | $88.52 | $120K |
| Exercise | Common Stock | 2,169 | $0.00 | -- |
| Tax Withholding | Common Stock | 854 | $88.52 | $76K |
| Grant/Award | Common Stock | 13 | $88.52 | $1K |
Holdings After Transaction:
Restricted Stock Units — 16,996 shares (Direct);
Common Stock — 24,705 shares (Direct)
Footnotes (1)
- Shares acquired under the non-qualified Flowserve Corporation 2024 Employee Stock Purchase Plan in a prescheduled transaction. Each restricted stock unit represents the right to receive, at settlement, one share of common stock (plus dividends accrued on the underlying shares) and are granted to the reporting person pursuant to the issuer's long-term incentive compensation plan for employees. These restricted stock units vested on March 1, 2026, and settled on the next business day.
FAQ
What insider transaction did Flowserve (FLS) report for Susan Claire Hudson?
Flowserve reported that Chief Legal Officer Susan Claire Hudson settled vested restricted stock units into common shares and handled related tax obligations using shares. The Form 4 details derivative exercises, equity awards, and tax-withholding dispositions rather than open-market buying or selling.
What do the M, F, and A transaction codes mean in the Flowserve (FLS) Form 4?
Code M indicates exercise or conversion of a derivative security, such as restricted stock units settling into common stock. Code F reflects shares withheld to pay taxes or exercise costs. Code A represents a grant, award, or other acquisition of common shares.
When did Susan Claire Hudson’s Flowserve (FLS) restricted stock units vest and settle?
The restricted stock units vested on March 1, 2026 and settled into Flowserve common stock on the next business day. The award was granted under Flowserve’s long-term incentive compensation plan and delivers one common share plus accrued dividends for each unit.
Were Susan Claire Hudson’s Flowserve (FLS) Form 4 transactions open-market sales?
The Form 4 describes tax-withholding dispositions at $88.52 per share, not open-market sales. Shares were delivered to satisfy tax obligations tied to vested restricted stock units and awards, while the remaining shares increased her direct common stock holdings.
What plan governed Susan Claire Hudson’s restricted stock units in Flowserve (FLS)?
The restricted stock units were granted under Flowserve’s long-term incentive compensation plan for employees. Each unit entitles the holder to receive one share of common stock at settlement, plus dividends accrued on the underlying shares during the vesting period.