Rowe Robert Scott sold FLS

February 16, 2024 · Form 4 insider transaction

Rowe Robert Scott sold 70,793 shares of Flowserve Corporation at $0.00 per share, a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 4 days after the transaction.

Direction
Disposed (sell-side)
Shares
70,793
Price
$0.00
Total value
N/A
Role—
SecurityRestricted Stock Units
Transaction codeM: Option exercise
Transaction dateFebruary 16, 2024
Filing dateFebruary 20, 2024
Shares owned after93,354
OwnershipDirect
10b5-1 planNo
AmendedNo

Footnotes

Each restricted stock unit represents the right to receive, at settlement, one share of common stock (plus dividends accrued on the underlying shares) and are granted to the reporting person pursuant to the issuer's long-term incentive compensation plan for employees. The shares vest ratably over a three-year period on each annual anniversary of the grant.; Each restricted stock unit represents the right to receive, at settlement, one share of common stock (plus dividends accrued on the underlying shares). The restricted stock units vest over a three-year period, with one-third vesting on the second anniversary of the grant and the remaining two-thirds vesting on the third anniversary of the grant.

View the original Form 4 on SEC EDGAR