Form 4: Flowserve CEO Robert Rowe Reports Stock Transactions
SEC Filing
Flowserve Corp's CEO, Robert Scott Rowe, reports acquisition and disposal of common stock and restricted stock units.
Summary
- Robert Scott Rowe, the President & CEO of Flowserve Corp, filed a Form 4 detailing changes in beneficial ownership.
- On February 15, 2025, Rowe acquired 31,289 shares of common stock and disposed of 12,313 shares at a price of $62.29.
- Following these transactions, he directly owns 412,365 shares of common stock.
- Additionally, on February 15, 2025, Rowe disposed of 29,298 Restricted Stock Units.
- On February 17, 2025, Rowe acquired 28,719 shares of common stock and disposed of 11,301 shares at a price of $62.29.
- Following these transactions, he directly owns 429,783 shares of common stock.
- Additionally, on February 17, 2025, Rowe disposed of 27,633 Restricted Stock Units.
- After these transactions, Rowe directly owns 34,912 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is a common occurrence in publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the CEO's holdings.
Key Dates
| Date | Description |
|---|---|
| 02/15/2025 | Acquisition of 31,289 common stock shares and disposal of 12,313 common stock shares and disposal of 29,298 Restricted Stock Units. |
| 02/17/2025 | Acquisition of 28,719 common stock shares and disposal of 11,301 common stock shares and disposal of 27,633 Restricted Stock Units. |
| 02/19/2025 | Date of signature by attorney-in-fact for the reporting person. |
Keywords
Form 4, Beneficial Ownership, Stock Transactions, Flowserve, Robert Scott Rowe, Restricted Stock Units, Common Stock
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