Form 4: Flowserve Corp Executive Kirk Wilson Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Kirk Wilson, President of FCD at Flowserve Corp, reports acquisition and disposal of common stock and restricted stock units on March 1, 2025.

Summary

  • On March 1, 2025, Kirk Wilson, President of FCD at Flowserve Corp, engaged in transactions involving Flowserve's common stock and restricted stock units.
  • Wilson acquired 2,725 shares of common stock through the exercise of restricted stock units.
  • Simultaneously, Wilson disposed of 1,009 shares of common stock at a price of $55.004 per share.
  • Following these transactions, Wilson directly owns 57,196 shares of Flowserve common stock.
  • Wilson also holds 14,168 restricted stock units, each representing the right to receive one share of common stock upon settlement.

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 in publicly traded companies. It provides transparency into the trading activities of company executives.

Stakeholder Impact

  • The transactions have a minimal direct impact on stakeholders, as they represent routine executive compensation and trading activities.
  • The filing provides transparency to shareholders regarding insider transactions.

Key Dates

DateDescription
03/01/2024Date shares vest ratably over a three-year period on each annual anniversary.
03/01/2025Date of stock transactions: acquisition of common stock and disposal of common stock.
03/04/2025Date of signature on the Form 4 filing.

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