FLS Form 4: Director awarded 530 phantom shares; 36,202 held
Rhea-AI Filing Summary
Flowserve Corp (FLS) reported a director compensation transaction. On 11/13/2025, the reporting person acquired 530 units of phantom stock, each economically equivalent to one share of common stock, under the company’s deferred compensation plan. The phantom stock is payable in common shares upon termination of board service.
Following the transaction, the reporting person held 36,202 derivative securities directly. The filing lists a reference price of $69.27 per unit for the phantom stock entry.
Positive
- None.
Negative
- None.
Insights
Routine director deferred comp: 530 phantom shares credited.
The entry records 530 phantom stock units on 11/13/2025 as part of board compensation deferred into equity. Each unit equals one common share and is settled in shares when board service ends, aligning the director’s incentives with shareholder value without immediate share issuance.
The table shows a reference price of $69.27 per unit and a post-transaction total of 36,202 derivative securities held directly. This is administrative and typical for director pay structures; actual impact depends on future service duration and settlement mechanics defined by the plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 530 | $69.27 | $37K |
Footnotes (1)
- Each share of phantom stock is the economic equivalent of one share of common stock, and represents director compensation deferred in the form of common stock pursuant to the issuer's deferred compensation plan. The shares of phantom stock become payable in the form of common stock upon the reporting person's termination of service as a member of the issuer's board of directors.
FAQ
What did Flowserve (FLS) disclose in this Form 4?
How many derivative securities does the director hold after the transaction for FLS?
What is the economic value reference for the phantom stock in FLS’s filing?
What do Flowserve phantom stock units represent?
When are Flowserve phantom stock units payable?