Form 4: Flowserve Corp Executive Boukalik Brian Reports Stock Transactions
SEC Form 4 Filing
Chief Human Resources Officer Brian Boukalik reports stock transactions involving Flowserve Corp shares, including the vesting and disposal of restricted stock units.
Summary
- On March 1, 2025, Brian Boukalik, Chief Human Resources Officer of Flowserve Corp, reported transactions involving the company's stock.
- These transactions included the vesting of 1,276 restricted stock units and the disposal of 379 shares to cover tax obligations at a price of $55.04 per share.
- Following these transactions, Boukalik directly owns 897 shares of common stock and 9,769 restricted stock units.
- The restricted stock units vest ratably over three years, starting March 1, 2024, and each unit represents the right to receive one share of common stock plus accrued dividends.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives receiving stock-based compensation. It provides transparency to investors regarding the trading activities of company insiders.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they represent a small fraction of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Start date for the three-year vesting period of the restricted stock units. |
| 03/01/2025 | Date of the reported stock transactions, including vesting of restricted stock units and disposal of shares. |
| 03/04/2025 | Date of signature on the Form 4 filing. |
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