Flotek Industries (FTK) director granted 5,099 Restricted Stock Awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McDonald Kevin M reported acquisition or exercise transactions in this Form 4 filing.
Flotek Industries director Kevin M. McDonald received an equity grant tied to his board service. He was awarded 5,099 common shares on a grant or award basis at no cash cost, bringing his directly held stake to 5,099 shares. The footnotes describe these as Restricted Stock Awards that vest on the earlier of one year after the grant date or the next annual shareholders meeting, if that meeting occurs at least 50 weeks after the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McDonald Kevin M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 5,099 | $0.00 | -- |
Holdings After Transaction:
Common Shares — 5,099 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 5,099 shares
Price per share: $0.0000 per share
Shares held after grant: 5,099 shares
3 metrics
Shares granted
5,099 shares
Restricted Stock Awards granted on May 15, 2026
Price per share
$0.0000 per share
Grant or award acquisition, no cash paid
Shares held after grant
5,099 shares
Direct ownership following the reported transaction
Key Terms
Restricted Stock Awards, RSAs, Form 4, grant, award, or other acquisition
4 terms
Restricted Stock Awards financial
"Restricted Stock Awards ("RSAs") granted as consideration for service on the Board."
Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.
RSAs financial
"RSAs vest on the earlier of the one-year anniversary of the grant date or the next annual shareholders meeting"
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 Kevin M. McDonald report at Flotek Industries (FTK)?
Kevin M. McDonald reported receiving 5,099 common shares of Flotek Industries as a grant or award. The shares were issued at no cash cost as compensation for his service on the Board of Directors, rather than acquired through an open-market purchase.
What type of equity award did Flotek Industries (FTK) grant to Kevin M. McDonald?
Flotek Industries granted Kevin M. McDonald Restricted Stock Awards (RSAs) as consideration for his service on the Board. RSAs are full-value share awards that typically vest over time, aligning director compensation with shareholder interests through direct ownership of company stock.
What are the vesting terms of Kevin M. McDonald’s Restricted Stock Awards at Flotek Industries (FTK)?
The Restricted Stock Awards vest on the earlier of the one-year anniversary of the grant date or the next annual shareholders meeting. Vesting at the meeting only applies if it occurs at least 50 weeks after the grant date, according to the disclosed footnote.