Form 4: Flowserve CFO Amy B. Schwetz Reports Stock Transactions
SEC Form 4 Filing
Amy B. Schwetz, Chief Financial Officer of Flowserve Corp, reports the acquisition and disposal of common stock and restricted stock units on March 1, 2025.
Summary
- On March 1, 2025, Amy B. Schwetz, the Chief Financial Officer of Flowserve Corp, reported transactions involving the company's stock.
- Schwetz acquired 8,387 shares of common stock.
- She also disposed of 3,385 shares of common stock at a price of $55.04.
- Additionally, 8,249 restricted stock units were acquired.
- Following these transactions, Schwetz beneficially owns 99,628 shares of common stock directly and 41,539 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and beneficial ownership of company stock. It's a standard practice for executives like the CFO to receive and manage stock-based compensation as part of their overall remuneration.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in beneficial ownership of the CFO.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date from which restricted stock units vest ratably over a three-year period. |
| 03/01/2025 | Date of the reported stock transactions. |
| 03/04/2025 | Date of the signature on the report. |
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