STOCK TITAN

Flowserve (NYSE: FLS) president exercises RSUs, withholds shares for taxes

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Flowserve Corp executive Lamar L. Duhon, President of FPD, reported equity award activity involving restricted stock units and common shares. On February 17, 2026, he exercised restricted stock units, resulting in the acquisition of 4,056 shares of common stock at $0.00 per share and leaving 29,238 restricted stock units outstanding. To satisfy tax withholding obligations, he disposed of 1,597 common shares at $89.69 per share. After these transactions, he directly owned 33,375 shares of Flowserve common stock.

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Insider Duhon Lamar L.
Role President, FPD
Type Security Shares Price Value
Exercise Restricted Stock Units 3,844 $0.00 --
Exercise Common Stock 4,056 $0.00 --
Tax Withholding Common Stock 1,597 $89.69 $143K
Holdings After Transaction: Restricted Stock Units — 29,238 shares (Direct); Common Stock — 34,972 shares (Direct)
Footnotes (1)
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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*
Duhon Lamar L.

(Last) (First) (Middle)
5215 N. O'CONNOR BLVD.
SUITE 700

(Street)
IRVING TX 75039

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
FLOWSERVE CORP [ FLS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President, FPD
3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 02/17/2026 M 4,056 A $0 34,972 D
Common Stock 02/17/2026 F 1,597 D $89.69 33,375 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 02/17/2026 M 3,844 (1) (1) Common Stock 3,844 $0 29,238 D
Explanation of Responses:
1. 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 the grant.
Remarks:
/s/ Shakeeb Mir, attorney-in-fact 02/18/2026
** 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.

FAQ

What insider activity did Flowserve (FLS) executive Lamar L. Duhon report?

Lamar L. Duhon reported exercising restricted stock units into common shares and disposing of some shares for tax withholding. These equity award-related transactions adjusted his direct holdings of Flowserve common stock and his remaining restricted stock units granted under the long-term incentive plan.

How many Flowserve (FLS) shares did Lamar L. Duhon acquire and dispose of?

He acquired 4,056 shares of Flowserve common stock through an exercise of restricted stock units and disposed of 1,597 shares to cover tax obligations. These movements reflect standard equity compensation activity rather than an open-market purchase or sale of shares.

What was the transaction price in Lamar L. Duhon’s Flowserve (FLS) Form 4 filing?

The exercise of restricted stock units into common shares was reported at $0.00 per share, consistent with equity award settlement. The tax-withholding disposition was reported at a transaction price of $89.69 per share for the 1,597 Flowserve common shares withheld.

What are Lamar L. Duhon’s Flowserve (FLS) holdings after these Form 4 transactions?

Following the reported transactions, Lamar L. Duhon directly owns 33,375 shares of Flowserve common stock. He also holds 29,238 restricted stock units, which represent rights to receive an equal number of shares at settlement under Flowserve’s long-term incentive compensation plan.

What does the tax-withholding disposition in the Flowserve (FLS) Form 4 mean?

The tax-withholding disposition reflects 1,597 Flowserve common shares delivered to satisfy tax liabilities from the equity award exercise. This is coded as a tax-withholding transaction, not an open-market sale, and is a common feature of stock-based compensation settlements.

How do the restricted stock units work in Flowserve (FLS) executive compensation?

Each restricted stock unit represents the right to receive one Flowserve common share plus accrued dividends at settlement. They are granted under the company’s long-term incentive plan and vest ratably over three years, on each annual anniversary of the grant.