Form 4: Flotek CFO Sells Shares for Tax Obligations
Insider Transaction Report
Flotek Industries' Chief Financial Officer, James Bond Clement, reported the disposition of 1,333 common shares to cover tax withholding obligations at a price of $16.38 per share.
Summary
- James Bond Clement, Chief Financial Officer of Flotek Industries Inc. (FTK), reported a transaction involving company common shares.
- On December 5, 2025, Clement disposed of 1,333 common shares.
- The disposition was made at a price of $16.38 per share.
- This transaction was coded as 'F', indicating a disposition to the issuer to satisfy tax withholding obligations.
- Following this transaction, Clement beneficially owns 117,237 common shares directly.
- The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged trading plan.
Sentiment
Score: 5
Explanation: The transaction is a routine disposition for tax withholding purposes, not indicative of management's sentiment towards the company's future prospects or operational performance.
Future Outlook
No forward-looking statements or guidance are provided in this insider transaction report.
Industry Context
Flotek Industries operates in the energy services sector. Insider transactions, particularly those for tax withholding purposes, are a common occurrence across all industries for executives receiving equity compensation as part of their remuneration packages.
Stakeholder Impact
- Minimal direct impact on shareholders as this is a routine tax-related transaction by an insider, not a discretionary sale indicating a change in confidence.
Key Dates
| Date | Description |
|---|---|
| 12/05/2025 | Date of earliest transaction (disposition of shares) |
| 12/08/2025 | Date the Form 4 was signed and filed |
Recommendation
holdThis Form 4 reports a routine disposition of shares by the CFO to cover tax withholding obligations, which is a common occurrence for executives receiving equity compensation. It does not signal a change in the company's fundamentals or management's confidence, thus a 'hold' recommendation is appropriate based solely on this filing.
Keywords
Flotek Industries, FTK, James Bond Clement, CFO, Insider Transaction, Form 4, Share Sale, Tax Withholding, Equity Compensation, Rule 10b5-1
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