Flowserve (NYSE: FLS) president exercises RSUs, withholds shares for taxes
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,844 shares exercised/converted
Mixed
3 txns
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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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.
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.