Form 4: Flowserve Corp: Executive Scott K Vopni Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Chief Accounting Officer Scott K Vopni reports transactions involving Flowserve Corp common stock and restricted stock units.

Summary

  • On February 15, 2025, Scott K Vopni exercised 3,039 Restricted Stock Units (RSUs) and disposed of 1,257 shares of common stock at $62.29 per share.
  • Following these transactions on February 15, 2025, Vopni directly owns 12,267 shares of common stock and 19,869 Restricted Stock Units.
  • On February 17, 2025, Vopni exercised 2,887 Restricted Stock Units (RSUs) and disposed of 1,108 shares of common stock at $62.29 per share.
  • Following these transactions on February 17, 2025, Vopni directly owns 14,046 shares of common stock and 17,091 Restricted Stock Units.
  • The RSUs vest ratably over three years from the grant date and represent the right to receive one share of common stock plus accrued dividends.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by an executive, indicating neutral sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is a common practice in publicly traded companies to ensure transparency and compliance with SEC regulations.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
  • The transactions do not appear to have a direct impact on employees, customers, suppliers, or creditors.

Key Dates

DateDescription
02/15/2025Exercise of 3,039 Restricted Stock Units and disposal of 1,257 shares of common stock.
02/17/2025Exercise of 2,887 Restricted Stock Units and disposal of 1,108 shares of common stock.
02/19/2025Date of signature for the Form 4 filing.

Keywords

Flowserve Corp, Scott K Vopni, Form 4, Stock Transactions, Restricted Stock Units, Common Stock, Executive Compensation, Beneficial Ownership

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