Flowserve director buys shares and gets stock grant
Flowserve Corp director Brian D. Savoy increased his holdings through both a stock grant and an open-market purchase.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Flowserve Corp director Brian D. Savoy increased his holdings through both a stock grant and an open-market purchase. On May 14, 2026, he received 2,573 shares of common stock as an annual restricted stock grant valued at $67.99 per share, bringing his holdings from this award line to 3,573 shares.
On the same date, he also bought 1,000 shares of common stock in an open-market purchase at $67.34 per share, resulting in 1,000 shares reported for that purchase line. The restricted shares vest on the earlier of May 14, 2027 or Flowserve’s 2027 annual meeting of shareholders.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,000 | $67.34 | $67K |
| Grant/Award | Common Stock | 2,573 | $67.99 | $175K |
Footnotes (1)
- F1. Represents the annual restricted stock grant for the director under the Flowserve Equity and Incentive Compensation Plan. The shares vest on the earlier of May 14, 2027 or the date of Flowserve's 2027 annual meeting of shareholders.
Key Figures
Key Terms
restricted stock grant financial
Flowserve Equity and Incentive Compensation Plan financial
open-market purchase financial
FAQ
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What insider transactions did Flowserve (FLS) director Brian D. Savoy report?
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What plan governs Brian D. Savoy’s restricted Flowserve (FLS) stock grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.