Form 4: Flotek Industries Director Acquires Shares as Part of Compensation

Director Michael Fucci acquired 6,394 common shares of Flotek Industries as part of restricted stock awards for board service.

Summary

• On May 16, 2025, Michael Fucci, a director of Flotek Industries Inc., acquired 6,394 common shares of the company.
• The acquisition was part of restricted stock awards (RSAs) granted as consideration for his service on the Board.
• The RSAs vest on the earlier of the one-year anniversary of the grant date or the next annual shareholders meeting, provided the meeting occurs at least 50 weeks after the grant date.
• Following the transaction, Fucci beneficially owns 83,144 common shares.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction (director share acquisition as part of compensation), suggesting a neutral to slightly positive sentiment due to alignment of interests.

Positives

• The acquisition of shares by a director demonstrates alignment of interests with shareholders.

Industry Context

Directors receiving stock-based compensation is a common practice in publicly traded companies to align their interests with those of shareholders.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholders by aligning the director's interests with theirs.

Key Dates

Keywords

Flotek Industries, Director, Michael Fucci, Share Acquisition, Restricted Stock Awards, Beneficial Ownership, Form 4, FTK