FLS Form 4 reports acquisition/exercise transactions
DeBiasio Alice Marie reported acquisition or exercise transactions in a Form 4 filing for FLS.
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Rhea-AI Filing Summary
DeBiasio Alice Marie reported acquisition or exercise transactions in a Form 4 filing for FLS. The filing lists transactions totaling 11,406 shares. Following the reported transactions, holdings were 5,703 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Rights | 5,703 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 5,703 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each performance right represents a contingent right to receive one share of the issuer's common stock at vesting. The performance rights vest at a rate between 0% and 200% and are based on two factors during a three-year performance cycle beginning on January 1, 2026 and ending on December 31, 2028 which are: 1) the issuer's return on invested capital ("ROIC") measured against the issuer's target ROIC for each calendar year during the performance period; and 2) the issuer's average annual earnings per share growth over each calendar year during the performance period. The performance rights are also subject to a 15% payout modifier (positive or negative) based on the issuer's relative total shareholder return ("TSR") in comparison to the TSR of companies that comprise the S&P 500 Industrial Index for the entire performance period, as of January 1, 2026. The performance rights may be settled, at the issuer's discretion, in cash or shares of common stock.
- F2. 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. The shares vest ratably over a three-year period on each annual anniversary of March 1, 2026.
FAQ
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What insider transaction did Flowserve (FLS) report for Alice Marie DeBiasio?
How do the new Flowserve (FLS) performance rights for Alice DeBiasio work?
What are the vesting terms of Flowserve (FLS) restricted stock units granted on February 12, 2026?
How many derivative securities does Alice DeBiasio hold in Flowserve (FLS) after this grant?
Are the Flowserve (FLS) performance rights settled in stock or cash for Alice DeBiasio?
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