Flowserve (NYSE: FLS) CLO adds shares through 2024 employee stock plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Flowserve Corporation’s Chief Legal Officer, Susan Claire Hudson, acquired 31 shares of common stock in a prescheduled transaction under the non-qualified Flowserve Corporation 2024 Employee Stock Purchase Plan. The shares were acquired at $73.51 each, bringing her directly held position to 24,712 shares following the transaction.
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 | 31 | $73.51 | $2K |
Holdings After Transaction:
Common Stock — 24,712 shares (Direct)
Footnotes (1)
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Key Figures
Shares acquired: 31 shares
Acquisition price: $73.51 per share
Shares owned after transaction: 24,712 shares
3 metrics
Shares acquired
31 shares
Grant/award acquisition of common stock
Acquisition price
$73.51 per share
Price for ESPP-acquired Flowserve common stock
Shares owned after transaction
24,712 shares
Direct holdings of Susan Claire Hudson following grant
Key Terms
Employee Stock Purchase Plan, non-qualified, Form 4, grant, award, or other acquisition
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"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did Flowserve (FLS) report for Susan Claire Hudson?
Flowserve reported that Chief Legal Officer Susan Claire Hudson acquired 31 shares of common stock. The acquisition occurred through the non-qualified 2024 Employee Stock Purchase Plan in a prescheduled transaction, increasing her directly held position to 24,712 Flowserve shares after the grant.
Was the Flowserve (FLS) insider transaction by Susan Claire Hudson preplanned?
Yes. The footnote states that the shares were acquired under the non-qualified Flowserve Corporation 2024 Employee Stock Purchase Plan in a prescheduled transaction. This indicates the purchase followed a pre-arranged plan rather than discretionary timing in the open market.
What type of transaction code appears on Susan Claire Hudson’s Flowserve (FLS) Form 4?
The Form 4 lists transaction code “A,” indicating a grant, award, or other acquisition of non-derivative common stock. In this case, 31 shares were acquired through the 2024 Employee Stock Purchase Plan, which functions as an employee share purchase mechanism rather than an open-market trade.