Form 4: DeBiasio Alice Marie reports acquisition/exercise transactions in FLS
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
DeBiasio Alice Marie
Role
President, FCD
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Rights | 5,703 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 5,703 | $0.00 | -- |
Holdings After Transaction:
Performance Rights — 5,703 shares (Direct);
Restricted Stock Units — 19,216 shares (Direct)
Footnotes (1)
- 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. 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
What insider transaction did Flowserve (FLS) report for Alice Marie DeBiasio?
Flowserve reported that officer Alice Marie DeBiasio received equity awards on February 12, 2026. She was granted 5,703 performance rights and 5,703 restricted stock units at no cost as part of her long‑term incentive compensation, rather than through open‑market trading.
How do the new Flowserve (FLS) performance rights for Alice DeBiasio work?
Each performance right granted to Alice DeBiasio can convert into one Flowserve share at vesting. Payout ranges from 0% to 200% over a three‑year period, based on return on invested capital, earnings-per-share growth, and a ±15% modifier tied to relative total shareholder return.
What are the vesting terms of Flowserve (FLS) restricted stock units granted on February 12, 2026?
The restricted stock units granted to Alice DeBiasio each represent one Flowserve share plus accrued dividends. They vest ratably over three years, with installments vesting on each annual anniversary of March 1, 2026 under the company’s long‑term incentive compensation plan.
How many derivative securities does Alice DeBiasio hold in Flowserve (FLS) after this grant?
After the February 12, 2026 awards, Alice DeBiasio directly holds 5,703 performance rights and a total of 19,216 derivative securities linked to Flowserve common stock, reflecting her accumulated performance rights and restricted stock units under company incentive plans.
Are the Flowserve (FLS) performance rights settled in stock or cash for Alice DeBiasio?
The performance rights granted to Alice DeBiasio may be settled, at Flowserve’s discretion, in cash or shares of common stock. Final payouts depend on three-year performance versus specified ROIC, earnings-per-share growth, and relative total shareholder return benchmarks.