February 21, 2025 · Form 4 insider transaction
GARRISON JOHN L JR bought 313 shares of Flowserve Corporation at $54.99 per share, a transaction worth $17.2K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 3 days after the transaction.
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.