Flotek Industries (FTK) CFO grants, tax withholding and share sale detailed
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Flotek Industries Chief Financial Officer James Bond reported a mix of compensation-related share activity and an open-market sale of common shares. He received 8,097 common shares as a grant upon meeting performance criteria for performance-based restricted stock units previously granted on May 16, 2025. On the same date, 3,187 shares were withheld and disposed of to cover tax obligations. On May 18, 2026, he sold 12,554 common shares in an open-market transaction at a weighted average price of $20.08 per share, with individual trades ranging from $20.00 to $20.20. Following these transactions, he directly owns 115,324 common shares, which include 131 shares acquired under the 2012 Employee Stock Purchase Plan for the three-month period commencing January 1, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 12,554 shares ($252,084)
Net Sell
3 txns
Insider
CLEMENT JAMES BOND
Role
Chief Financial Officer
Sold
12,554 shs ($252K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 12,554 | $20.08 | $252K |
| Grant/Award | Common Shares | 8,097 | $0.00 | -- |
| Tax Withholding | Common Shares | 3,187 | $19.61 | $62K |
Holdings After Transaction:
Common Shares — 115,324 shares (Direct, null)
Footnotes (1)
- The shares were awarded to the reporting person upon the satisfaction of performance criteria for performance based restricted stock units previously granted on May 16, 2025. Includes 131 shares acquired under the 2012 Employee Stock Purchase Plan for the 3-month period commencing January 1, 2026. This transaction is exempt under both Rule 16b-3(d) and Rule 16b-3(c) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.00 to $20.20, inclusive. The reporting person undertakes to provide to Flotek Industries, Inc. (the Company), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
Key Figures
Open-market sale: 12,554 shares at $20.08/share
Price range: $20.00–$20.20 per share
RSU-related grant: 8,097 shares at $0.00
+3 more
6 metrics
Open-market sale
12,554 shares at $20.08/share
Common Shares sold on May 18, 2026; weighted average price
Price range
$20.00–$20.20 per share
Range of prices for the 12,554 shares sold
RSU-related grant
8,097 shares at $0.00
Common Shares awarded upon meeting performance criteria on May 15, 2026
Tax withholding shares
3,187 shares at $19.61/share
Shares disposed of to satisfy tax liability on May 15, 2026
Post-transaction holdings
115,324 shares
Directly owned common shares after transactions
ESPP shares included
131 shares
Acquired under 2012 Employee Stock Purchase Plan for 3-month period from January 1, 2026
Key Terms
performance based restricted stock units, 2012 Employee Stock Purchase Plan, tax-withholding disposition, weighted average price, +1 more
5 terms
performance based restricted stock units financial
"performance based restricted stock units previously granted on May 16, 2025"
2012 Employee Stock Purchase Plan financial
"Includes 131 shares acquired under the 2012 Employee Stock Purchase Plan for the 3-month period"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Rule 16b-3(d) regulatory
"This transaction is exempt under both Rule 16b-3(d) and Rule 16b-3(c)"
Rule 16b-3(d) is a narrow SEC safe-harbor that shields company insiders (officers, directors and large shareholders) from liability for short‑swing profits when their buys or sells of company stock are made under a pre-established, written plan or contract that removes the insider’s ability to time trades. For investors, this matters because it permits predictable, automated insider transactions — like scheduled sales for diversification or payroll withholding — without triggering forced disgorgement, so such planned trades are treated differently from opportunistic insider trading.
FAQ
What insider transactions did Flotek Industries (FTK) report for its CFO?
Flotek’s CFO reported a grant of 8,097 common shares, a tax-withholding disposal of 3,187 shares, and an open-market sale of 12,554 shares. These moves combine compensation, tax coverage, and partial share liquidation in a single Form 4 filing.