[Form 4] FLOTEK INDUSTRIES INC/CN/ Insider Trading Activity
Rhea-AI Filing Summary
Flotek Industries Inc. (FTK) reported a new equity award to its Chief Financial Officer, J. Bond Clement, in a Form 4 filing. On 11/19/2025, he received 17,969 restricted stock units at a price of $0, bringing his directly held common shares to 118,570 after the transaction. These restricted stock units vest in three equal annual installments.
He was also granted 26,953 performance-based restricted stock units, each representing a contingent right to one share of common stock at a price of $0. Up to half of these units may vest based on the company’s Adjusted EBITDA performance for the period from January 1, 2026 to December 31, 2026, with continued employment through December 31, 2027. The remaining half may vest based on Flotek’s total shareholder return relative to the Russell 2000 Index–Oil Equipment and Services from January 1, 2026 through December 31, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Based Restricted Stock Unit | 26,953 | $0.00 | -- |
| Grant/Award | Common Shares | 17,969 | $0.00 | -- |
Footnotes (1)
- Restricted stock units that vest in three equal annual installments. Each Performance Based Restricted Stock Unit ("PRSU") represents a contingent right to receive one share of Flotek Industries, Inc. common stock, subject to the following conditions. Up to half of the PRSUs will vest if, and to the extent, the Company's Adjusted EBITDA meets or exceeds certain thresholds during the performance period of January 1, 2026 to December 31, 2026, subject to continued employment through December 31, 2027. Up to half of the PRSUs will vest, if, and to the extent, the Company's total shareholder return relative to the Russell 2000 Index-Oil Equipment and Services, measured over a performance period from January 1, 2026 through December 31, 2027, meets or exceeds certain thresholds.