Form 4: Flowserve Director Okray Thomas B Acquires 3,099 Shares of Common Stock

Director Thomas B Okray acquired 3,099 shares of Flowserve Corp common stock at $51.62 per share as part of an annual restricted stock grant.

Summary

• On May 16, 2025, Thomas B Okray, a director of Flowserve Corp, acquired 3,099 shares of common stock.
• The acquisition was part of the annual restricted stock grant for the director under the Flowserve Long-Term Incentive Plan.
• The price per share was $51.62.
• Following the transaction, Okray directly owns 10,762 shares of Flowserve Corp common stock.
• The shares vest on the earlier of May 16, 2026, or the date of Flowserve's 2026 annual meeting of shareholders.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. A director increasing their stake in the company is generally viewed favorably, suggesting confidence in the company's prospects. However, this is a standard stock grant, so the impact is limited.

Positives

• The acquisition of shares by a director signals confidence in the company's future performance.

Future Outlook

The document does not contain specific forward-looking statements, but the vesting of the restricted stock is tied to future dates.

Industry Context

Insider transactions are closely monitored as they can provide insights into management's perspective on the company's valuation and future prospects. This transaction represents a director's increased stake in the company.

Stakeholder Impact

• Shareholders may view the director's stock acquisition positively, as it aligns the director's interests with those of the shareholders.

Key Dates

Keywords

Flowserve, Director, Okray, Stock Acquisition, Restricted Stock, Long-Term Incentive Plan, Common Stock, Beneficial Ownership