Flowserve director granted 839 phantom stock units
Flowserve Corporation director John L. Garrison Jr. reported an acquisition of phantom stock on 02/11/2026 under the company’s deferred compensation plan.
Rhea-AI Filing Summary
Flowserve Corporation director John L. Garrison Jr. reported an acquisition of phantom stock on 02/11/2026 under the company’s deferred compensation plan. He received 839 shares of phantom stock at $87.37 per share, which increased his directly owned phantom stock balance to 37,041 shares.
Each phantom stock share is the economic equivalent of one share of Flowserve common stock and represents deferred director compensation. These phantom shares become payable in common stock when he terminates service as a member of Flowserve’s board of directors.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 839 | $87.37 | $73K |
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Flowserve (FLS) report for John L. Garrison Jr.?
What is the size and price of the phantom stock grant reported for FLS?
When do the Flowserve phantom stock units become payable to the director?
What does phantom stock mean in Flowserve’s deferred compensation plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.