Form 4: Flowserve Director John L. Garrison Jr. Acquires Phantom Stock

Flowserve Corp. director John L. Garrison Jr. acquired 530 shares of phantom stock as deferred compensation, increasing his beneficial ownership to 36,202 shares.

Summary

• John L. Garrison Jr., a Director of Flowserve Corp. (FLS), acquired 530 shares of phantom stock on November 13, 2025.
• Each share of phantom stock is the economic equivalent of one share of common stock.
• This acquisition represents director compensation deferred in the form of common stock pursuant to the issuer's deferred compensation plan.
• The phantom stock becomes payable in the form of common stock upon Mr. Garrison's termination of service as a member of the board of directors.
• Following this transaction, Mr. Garrison beneficially owns 36,202 shares of derivative securities (phantom stock).
• The price of the derivative security (phantom stock) at the time of acquisition was $69.27 per share.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as it indicates a director's continued alignment with shareholder interests through deferred compensation, which is a standard and expected corporate governance practice. It does not, however, signal any significant operational or financial news.

Positives

• The acquisition of phantom stock aligns the director's long-term interests with those of the shareholders, as the value is tied to the company's common stock performance.
• This transaction is part of a standard deferred compensation plan, indicating a structured approach to executive and director remuneration.

Future Outlook

The phantom stock will become payable in common stock upon the reporting person's termination of service as a member of the issuer's board of directors.

Industry Context

This filing is a routine insider transaction report and does not provide broader industry context. It reflects an individual director's compensation activity within Flowserve Corp., a company operating in the industrial machinery sector.

Corporate Governance

Stakeholder Impact

• Shareholders: The transaction aligns the director's financial interests with long-term shareholder value, as the phantom stock's value is tied to the common stock performance.
• Employees: No direct impact on general employees is indicated by this filing.

Next Steps

• The phantom stock will convert to common stock upon John L. Garrison Jr.'s termination of service as a director.

Key Dates

Recommendation

This Form 4 filing details a routine insider transaction related to director compensation. The acquisition of phantom stock as part of a deferred compensation plan is a standard corporate governance practice and does not provide sufficient new information to warrant a change in investment recommendation. It primarily confirms the director's continued alignment with the company's long-term performance.

Keywords

Flowserve, FLS, John L. Garrison Jr., Director, Phantom Stock, Deferred Compensation, Insider Transaction, SEC Form 4, Beneficial Ownership