Flotek Industries (FTK) awards director 5,099 restricted shares
Rhea-AI Filing Summary
Hill Kathryn Anne reported acquisition or exercise transactions in this Form 4 filing.
Kathryn Anne Hill, a director of Flotek Industries, received a grant of 5,099 restricted common shares on May 15, 2026 as consideration for Board service. The Restricted Stock Awards vest on the earlier of the one-year anniversary of the grant date or the next annual shareholders meeting, if that meeting occurs at least 50 weeks after the grant date. Following this award, she directly holds 5,099 shares, with a reported transaction price of $0.00 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,099 shares
Net Buy
1 txn
Insider
Hill Kathryn Anne
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares F1 | 5,099 | $0.00 | $0.00 |
Holdings After Transaction:
Common Shares — 5,099 shares (Direct)
Footnotes (1)
- F1. Restricted Stock Awards ("RSAs") granted as consideration for service on the Board. RSAs vest on the earlier of the one-year anniversary of the grant date or the next annual shareholders meeting (provided such meeting occurs at least 50 weeks after the grant date).
Key Figures
Restricted shares granted: 5,099 shares
Transaction price per share: $0.00
Shares held after transaction: 5,099 shares
+1 more
4 metrics
Restricted shares granted
5,099 shares
Grant of Restricted Stock Awards on 2026-05-15
Transaction price per share
$0.00
Reported price for grant of restricted common shares
Shares held after transaction
5,099 shares
Directly owned common shares following the award
Vesting period
one year or next annual shareholders meeting
RSAs vest on earlier of these dates if meeting is at least 50 weeks after grant
Key Terms
Restricted Stock Awards, annual shareholders meeting, vest
3 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.
vest financial
"RSAs vest on the earlier of the one-year anniversary of the grant date"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What transaction did Kathryn Anne Hill report for Flotek Industries (FTK)?
Kathryn Anne Hill reported receiving 5,099 restricted common shares of Flotek Industries as compensation for her service on the Board. The grant was recorded on May 15, 2026 and is structured as Restricted Stock Awards subject to vesting conditions.
Was Kathryn Anne Hill’s Flotek (FTK) transaction a market purchase or a compensation award?
The transaction is reported as a grant or award acquisition, not a market purchase. She received 5,099 Restricted Stock Awards at a stated price of $0.00 per share, indicating compensation for Board service rather than an open-market trade.