Flowserve (NYSE: FLS) exec exercises RSUs, withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Flowserve Corp President, FPD, Lamar L. Duhon reported equity compensation activity involving restricted stock units and common shares. On March 2, 2026, he exercised multiple restricted stock unit awards that had vested on March 1, 2026, receiving common stock, and delivered shares at $88.52 per share to cover tax obligations.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,061 shares exercised/converted
Mixed
6 txns
Insider
Duhon Lamar L.
Role
President, FPD
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,124 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,937 | $0.00 | -- |
| Exercise | Common Stock | 4,258 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,719 | $88.52 | $152K |
| Exercise | Common Stock | 2,983 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,174 | $88.52 | $104K |
Holdings After Transaction:
Restricted Stock Units — 25,114 shares (Direct);
Common Stock — 37,633 shares (Direct)
Footnotes (1)
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FAQ
What insider transactions did Flowserve (FLS) executive Lamar L. Duhon report?
Lamar L. Duhon reported a mix of equity award exercises and tax-related share deliveries. He exercised restricted stock units into common stock and used a portion of those shares, delivered at $88.52 per share, to satisfy tax withholding obligations under Flowserve’s long-term incentive plan.
What type of securities were involved in the Flowserve (FLS) Form 4 filing?
The Form 4 shows transactions in restricted stock units and common stock. Restricted stock units represent the right to receive one Flowserve common share at settlement, plus accrued dividends, and are granted under the company’s long-term incentive compensation plan for employees, including senior executives.
When did Lamar L. Duhon’s Flowserve (FLS) restricted stock units vest and settle?
The restricted stock units vested on March 1, 2026 and settled on the next business day. Upon settlement, each unit converted into one share of Flowserve common stock, consistent with the terms of the company’s long-term incentive compensation plan described in the filing footnote.
How were taxes handled in the reported Flowserve (FLS) insider transactions?
Taxes were handled through tax-withholding dispositions coded as “F” transactions. Common shares were delivered at $88.52 per share to pay the tax liability arising from the restricted stock unit vesting and settlement, instead of the executive paying those taxes in separate cash.
Does the Flowserve (FLS) Form 4 show open-market buying or selling by Lamar L. Duhon?
The Form 4 reflects derivative exercises of restricted stock units and tax-withholding dispositions of common stock. The codes used are “M” for exercises or conversions of derivative securities and “F” for delivering shares to satisfy tax obligations associated with those equity awards.