Flowserve (NYSE: FLS) Chief Legal Officer acquires 32 ESPP shares in prescheduled grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Flowserve Corporation’s Chief Legal Officer, Susan Claire Hudson, acquired 32 shares of common stock at $75.51 per share. These shares were obtained under the non-qualified Flowserve Corporation 2024 Employee Stock Purchase Plan in a prescheduled transaction, increasing her direct holdings to 24,777 shares.
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 | 32 | $75.51 | $2K |
Holdings After Transaction:
Common Stock — 24,777 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares acquired: 32 shares
Acquisition price: $75.51 per share
Total holdings after transaction: 24,777 shares
3 metrics
Shares acquired
32 shares
Common Stock acquired under 2024 Employee Stock Purchase Plan
Acquisition price
$75.51 per share
Price for ESPP share acquisition on 2026-06-01
Total holdings after transaction
24,777 shares
Direct ownership following ESPP acquisition
Key Terms
non-qualified, Employee Stock Purchase Plan, grant, award, or other acquisition, prescheduled transaction
4 terms
non-qualified financial
"Shares acquired under the non-qualified Flowserve Corporation 2024 Employee Stock Purchase Plan"
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.
grant, award, or other acquisition financial
"transaction code description: Grant, award, or other acquisition"
prescheduled transaction financial
"in a prescheduled transaction"
FAQ
What insider transaction did Flowserve (FLS) report for Susan Claire Hudson?
Flowserve reported that Chief Legal Officer Susan Claire Hudson acquired 32 shares of common stock. The shares were obtained through the 2024 Employee Stock Purchase Plan in a prescheduled, compensation-related transaction rather than an open-market trade, slightly increasing her direct ownership stake.
Was the Flowserve (FLS) insider acquisition by Susan Claire Hudson an open-market purchase?
No, the acquisition was not an open-market purchase. The 32 shares were acquired under the non-qualified Flowserve Corporation 2024 Employee Stock Purchase Plan through a prescheduled transaction, indicating a routine compensation-related share acquisition rather than discretionary market buying.
What does the transaction code on the Flowserve (FLS) Form 4 for Susan Claire Hudson indicate?
The Form 4 lists transaction code “A,” described as a grant, award, or other acquisition. This code confirms the 32 Flowserve shares were received as a compensation-related award under the 2024 Employee Stock Purchase Plan, rather than bought or sold on the open market.