CLEMENT JAMES BOND 4
4 · FLOTEK INDUSTRIES INC/CN/ · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
Flotek (FTK) CFO Clement Bond Sells Shares & Receives Awards
What Happened Clement James Bond, CFO of Flotek Industries, sold 6,299 shares in an open-market transaction on Feb 24, 2026 at $16.02 per share, generating $100,910. On the same date he acquired/was awarded a total of 48,421 shares (15,151 + 16,635 + 16,635) at $0 cost — these represent vested RSUs/awarded shares and performance-based restricted stock units (PRSUs), one of which is a derivative contingent award.
Key Details
- Transaction date(s): Feb 24, 2026 (reported on Form 4 filed Feb 26, 2026).
- Sale: 6,299 shares @ $16.02 = $100,910 (open market).
- Awards/Acquisitions: 15,151 shares; 16,635 shares (awarded upon satisfaction of performance criteria); 16,635 PRSUs (derivative) — total 48,421 shares acquired at $0.
- Footnotes:
- F1: 151 of the 15,151 shares came from the 2012 ESPP (exempt under Rules 16b-3(d) and 16b-3(c)).
- F2: One award reflects shares issued after satisfying performance criteria from prior PRSUs granted Oct 30, 2024.
- F3: Certain RSUs vest in three equal annual installments.
- F4: PRSUs vest subject to performance (Adjusted EBITDA and relative TSR vs. Russell 2000 Oil Equipment & Services) and continued employment (performance periods spanning 2026–2028 as described).
- Shares owned after the transactions: Not specified in the provided filing.
- Timeliness: Form 4 was filed two days after the transactions (Feb 26 reporting Feb 24 activity).
Context
- The awards were granted/vested as equity compensation (RSUs/PRSUs) and show up as acquisitions at $0 on Form 4; the PRSUs are contingent rights to receive shares only if specified performance and service conditions are met.
- The open-market sale is a routine insider sale reported on Form 4; it does not, by itself, prove a change in the insider’s view of the company.
Insider Transaction Report
Form 4
CLEMENT JAMES BOND
Chief Financial Officer
Transactions
- Award
Common Shares
[F1][F2]2026-02-24+15,151→ 129,136 total - Sale
Common Shares
2026-02-24$16.02/sh−6,299$100,910→ 122,837 total - Award
Common Shares
[F3]2026-02-24+16,635→ 139,472 total - Award
Performance Based Restricted Stock Unit
[F4]2026-02-24+16,635→ 16,635 total→ Common Stock (16,635 underlying)
Footnotes (4)
- [F1]Includes 151 shares acquired under the 2012 Employee Stock Purchase Plan for the 3-month period commencing October 1, 2025. This transaction is exempt under both Rule 16b-3(d) and Rule 16b-3(c).
- [F2]The shares were awarded to the reporting person upon the satisfaction of performance criteria for performance based restricted stock units previously granted on October 30, 2024.
- [F3]Restricted stock units that vest in three equal annual installments.
- [F4]Each Performance Based Restricted Stock Unit ("PRSU") represents a contingent right to receive one share of Flotek Industries, Inc. common stock, subject to the following conditions. Up to half of the PRSUs will vest if, and to the extent, the Company's Adjusted EBITDA meets or exceeds certain thresholds during the performance period of January 1, 2026 to December 31, 2027, subject to continued employment through December 31, 2028. Up to half of the PRSUs will vest, if, and to the extent, the Company's total shareholder return relative to the Russell 2000 Index-Oil Equipment and Services, measured over a performance period from January 1, 2026 through December 31, 2028, meets or exceeds certain thresholds.
Signature
/s/ J. Bond Clement|2026-02-26