Flowserve (FLS) director Cheryl H. Johnson awarded 445 phantom stock units
Rhea-AI Filing Summary
Johnson Cheryl H reported acquisition or exercise transactions in this Form 4 filing.
Flowserve Corp director Cheryl H. Johnson received a grant of 445 shares of phantom stock on 2026-08-11 as deferred director compensation. Each phantom share is the economic equivalent of one share of common stock and becomes payable in common stock when she terminates service on the board. Following this grant, she directly holds 14,714 phantom stock units tied to Flowserve common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Johnson Cheryl H
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock F1, F2 | 445 | $80.64 | $36K |
Holdings After Transaction:
Phantom Stock — 14,714 shares (Direct)
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.
Key Figures
Phantom stock granted: 445 shares
Grant reference price: $80.6400 per share
Phantom stock holdings after grant: 14,714 shares
+1 more
4 metrics
Phantom stock granted
445 shares
Grant of phantom stock units on 2026-08-11
Grant reference price
$80.6400 per share
Price per phantom stock unit associated with the award
Phantom stock holdings after grant
14,714 shares
Total phantom stock units directly held after the transaction
Economic equivalence ratio
1 phantom share : 1 common share
Each phantom stock share equals one Flowserve common share economically
Key Terms
Phantom Stock, deferred compensation plan, economic equivalent
3 terms
Phantom Stock financial
"Each share of phantom stock is the economic equivalent of one share"
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.
economic equivalent financial
"Each share of phantom stock is the economic equivalent of one share of common stock"
FAQ
What insider transaction did Flowserve (FLS) report for Cheryl H. Johnson?
Flowserve reported that director Cheryl H. Johnson received a grant of 445 shares of phantom stock on 2026-08-11 as deferred director compensation under the company’s deferred compensation plan.
How many Flowserve (FLS) phantom stock units does Cheryl H. Johnson hold after this grant?
After the reported grant, Cheryl H. Johnson directly holds 14,714 shares of phantom stock, each economically equivalent to one share of Flowserve common stock, representing her accumulated deferred director compensation.
What is phantom stock in the context of Flowserve (FLS) director compensation?
At Flowserve, each phantom stock share is the economic equivalent of one share of common stock and represents director compensation deferred in common stock form under the company’s deferred compensation plan.
When will Cheryl H. Johnson’s Flowserve (FLS) phantom stock become payable?
Her phantom stock units become payable in the form of Flowserve common stock upon her termination of service as a member of the company’s board of directors, according to the plan terms.
Was Cheryl H. Johnson’s Flowserve (FLS) phantom stock grant a market purchase or sale?
The transaction was a grant/award acquisition of 445 phantom stock units as deferred compensation, not a market purchase or sale of Flowserve common shares on an exchange.
AI-generated analysis. How Rhea-AI works. Not financial advice.
