Flowserve (FLS) director Sujeet Chand receives 2,573 phantom stock units as deferred pay

Rhea-AI Filing Summary

Chand Sujeet reported acquisition or exercise transactions in this Form 4 filing.

Flowserve Corp director Sujeet Chand received a grant of phantom stock as part of his board compensation. On this date he was awarded 2,573 phantom stock units, each economically equivalent to one share of common stock and tied to the company’s share price.

These units represent director compensation deferred in the form of common stock under Flowserve’s deferred compensation plan. The phantom stock becomes payable in common shares when Chand’s service on the board ends. After this award, he holds 28,426 phantom stock units in total.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Chand Sujeet

Role null

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock	2,573	$67.99	$175K

Holdings After Transaction: Phantom Stock — 28,426 shares (Direct, null)

Footnotes (1)

1. 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. 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.

Key Figures

Phantom stock units granted: 2,573 units Reference price per unit: $67.99 per unit Total phantom units after grant: 28,426 units +1 more

4 metrics

Phantom stock units granted 2,573 units Director compensation grant on reported transaction date

Reference price per unit $67.99 per unit Transaction price per phantom stock unit

Total phantom units after grant 28,426 units Holdings following reported transaction

Underlying common stock equivalent 2,573 shares Each phantom unit equals one share of common stock

Key Terms

Phantom Stock, deferred compensation plan, termination of service

3 terms

Phantom Stock financial

"Each share of phantom stock is the economic equivalent of one share of common stock"

A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.

deferred compensation plan financial

"represents director compensation deferred in the form of common stock pursuant to the issuer's deferred compensation plan"

A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.

termination of service financial

"become payable in the form of common stock upon the reporting person's termination of service"

Form 4 Insider Transactions: What Each Field Means →

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^*

Chand Sujeet

(Last) (First) (Middle)

5215 N. O'CONNOR BLVD.

SUITE 700

(Street)

IRVING TEXAS 75039

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
FLOWSERVE CORP [ FLS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

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
Phantom Stock	(1)	05/14/2026		A		2,573		(2)	(2)	Common Stock	2,573	$67.99	28,426	D

Explanation of Responses:

1. 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.

2. 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.

Remarks:

	/s/ Shakeeb U. Mir, attorney-in-fact	05/15/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Flowserve (FLS) director Sujeet Chand report?

Flowserve director Sujeet Chand reported receiving 2,573 phantom stock units as compensation. These units are economically equivalent to common shares and were granted under Flowserve’s deferred compensation plan, increasing his total phantom stock holdings to 28,426 units following the transaction.

Is Sujeet Chand’s Form 4 for Flowserve (FLS) a stock purchase or sale?

The Form 4 reflects an acquisition as a grant, not a market trade. Chand received 2,573 phantom stock units as a compensation award, rather than buying or selling Flowserve common stock in the open market or through a discretionary transaction.

What is the value basis of Sujeet Chand’s phantom stock grant at Flowserve (FLS)?

The phantom stock grant covers 2,573 units at an indicated reference price of $67.99 per unit. Each phantom share is designed to mirror one Flowserve common share in value, so the award’s economic value tracks the underlying stock performance over time.

When will Sujeet Chand receive Flowserve (FLS) shares from his phantom stock?

The phantom stock units become payable in Flowserve common shares when Chand’s service as a board member ends. Until that termination of service, the units remain as deferred compensation that tracks the value of Flowserve’s common stock but is not yet delivered.

How many phantom stock units does Sujeet Chand hold after this Flowserve (FLS) grant?

After the reported grant, Chand holds 28,426 phantom stock units in total. This includes the newly awarded 2,573 units and represents his accumulated deferred compensation that is economically equivalent to Flowserve common shares, payable when his board service concludes.