Flowserve (NYSE: FLS) CLO acquires 33 ESPP shares at $73.64
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FLOWSERVE CORP Chief Legal Officer Susan Claire Hudson acquired 33 shares of Common Stock through a grant classified as a “grant, award, or other acquisition.” The shares were acquired at $73.64 per share.
The footnotes state these shares were obtained under the non-qualified Flowserve Corporation 2024 Employee Stock Purchase Plan in a prescheduled transaction. Following this award, Hudson directly holds 24,745 Flowserve shares, indicating this is a routine compensation-related acquisition rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hudson Susan Claire
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 33 | $73.64 | $2K |
Holdings After Transaction:
Common Stock — 24,745 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares acquired: 33 shares
Grant price: $73.64 per share
Post-transaction holdings: 24,745 shares
3 metrics
Shares acquired
33 shares
Grant of Common Stock on 2026-05-01
Grant price
$73.64 per share
Acquisition under 2024 Employee Stock Purchase Plan
Post-transaction holdings
24,745 shares
Total Common Stock directly held after grant
Key Terms
Employee Stock Purchase Plan, non-qualified, grant/award acquisition, Common Stock
4 terms
Employee Stock Purchase Plan financial
"Shares acquired under the non-qualified Flowserve Corporation 2024 Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
non-qualified financial
"Shares acquired under the non-qualified Flowserve Corporation 2024 Employee Stock Purchase Plan"
grant/award acquisition financial
"transaction_action: grant/award acquisition"
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Flowserve (FLS) report for Susan Claire Hudson?
Flowserve reported that Chief Legal Officer Susan Claire Hudson acquired 33 shares of Common Stock. The transaction was coded as a grant, award, or other acquisition and classified as a non-derivative transaction, reflecting additional equity received rather than an open-market trade.
Was Susan Claire Hudson’s Flowserve transaction an open-market buy or a compensation grant?
The transaction was a compensation-related grant, not an open-market purchase. It is coded as an acquisition via grant or award, and the footnote explains the shares were acquired under the non-qualified 2024 Employee Stock Purchase Plan in a prescheduled transaction.