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Flowserve (FLS) CFO details RSU conversions and tax share dispositions

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

Rhea-AI Filing Summary

Flowserve Corp Chief Financial Officer Amy B. Schwetz reported multiple equity transactions dated March 2, 2026 related mainly to the vesting of employee awards. She exercised or converted several blocks of restricted stock units, including 8,248 units and 5,606 units, into common shares at a stated price of $0.00 per share.

Following these derivative exercises, her directly held common stock position changed through additional acquisitions and share dispositions classified as tax-withholding transactions at a stated price of $88.52 per share. After one such tax-withholding disposition of 3,378 shares, her reported direct common stock holdings were 98,938 shares.

Positive

  • None.

Negative

  • None.
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*
Schwetz Amy B

(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)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
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 03/02/2026 M 8,517 A $0 102,316 D
Common Stock 03/02/2026 F 3,378 D $88.52 98,938 D
Common Stock 03/02/2026 M 5,693 A $0 104,631 D
Common Stock 03/02/2026 F 2,241 D $88.52 102,390 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) 03/02/2026 M 8,248 (1) (1) Common Stock 8,248 $0 39,533 D
Restricted Stock Units (1) 03/02/2026 M 5,606 (1) (1) Common Stock 5,606 $0 33,927 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. These restricted stock units vested on March 1, 2026, and settled on the next business day.
Remarks:
/s/ Shakeeb U. Mir, attorney-in-fact 03/04/2026
** 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 did Flowserve (FLS) CFO Amy B. Schwetz report in this Form 4?

Amy B. Schwetz reported multiple equity transactions tied to employee awards. She exercised restricted stock units into common stock and had related tax-withholding share dispositions, reflecting routine compensation activity under Flowserve’s long-term incentive plan rather than open-market purchases or sales.

How many restricted stock units did the Flowserve CFO convert on March 2, 2026?

She converted several blocks of restricted stock units, including 8,248 units and 5,606 units, into common stock. Each unit represents one share of common stock plus accrued dividends under Flowserve’s long-term incentive compensation plan for employees, following vesting on March 1, 2026.

What is the nature of the ‘F’ code transactions in this Flowserve Form 4?

The transactions marked with code “F” are tax-withholding dispositions. Shares of Flowserve common stock were delivered at a stated price of $88.52 per share to satisfy tax liabilities or exercise costs, rather than being discretionary open-market sales by the executive.

How did Amy B. Schwetz’s Flowserve common stock holdings change after these transactions?

After one reported derivative exercise, her direct common stock holdings were 102,316 shares. Following a subsequent tax-withholding disposition of 3,378 shares, the filing shows direct ownership of 98,938 shares, illustrating how vesting and tax settlements adjusted her reported equity position.

What does the footnote about Flowserve restricted stock units explain?

The footnote states each restricted stock unit equals one Flowserve common share plus accrued dividends. These units were granted under the company’s long-term incentive compensation plan, vested on March 1, 2026, and settled into common stock on the next business day for the reporting person.

Are the Flowserve CFO’s reported transactions open-market buys or sells?

The Form 4 classifies the main acquisitions as derivative exercises of restricted stock units and the dispositions as tax-withholding transactions. This indicates they are connected to compensation vesting and tax obligations, not voluntary open-market buying or selling of Flowserve shares.
Flowserve Corp

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10.62B
126.28M
Specialty Industrial Machinery
Pumps & Pumping Equipment
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United States
IRVING