Form 4: Flowserve Corp Executive Duhon Lamar L. Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Lamar L. Duhon, President of FPD at Flowserve Corp, reports acquisition and disposal of common stock and restricted stock units on March 1, 2025.

Summary

  • On March 1, 2025, Lamar L. Duhon, President of FPD at Flowserve Corp, reported transactions involving Flowserve's common stock and restricted stock units.
  • Duhon acquired 4,194 shares of common stock and disposed of 1,651 shares at a price of $55.04.
  • Following these transactions, Duhon directly owns 16,725 shares of Flowserve common stock.
  • Additionally, 4,124 restricted stock units were settled, each representing the right to receive one share of common stock.
  • After the transaction, Duhon directly owns 23,577 restricted stock units.
  • The restricted stock units vest ratably over a three-year period on each annual anniversary of March 1, 2024.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common for executives of publicly traded companies. These filings are monitored by investors for insights into management's perspective on the company's stock.

Stakeholder Impact

  • The transactions may be of interest to shareholders as they provide insight into the actions of company leadership.

Key Dates

DateDescription
03/01/2024Date from which restricted stock units vest ratably over a three-year period.
03/01/2025Date of the reported stock transactions and restricted stock unit settlement.
03/04/2025Date of signature for the Form 4 filing.

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