FLOTEK INDUSTRIES INC/CN/·4/A

Mar 2, 4:06 PM ET

CLEMENT JAMES BOND 4/A

Research Summary

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Updated

Flotek (FTK) CFO Clement Bond Withholds 6,299 Shares for Taxes

What Happened

  • Clement James Bond, Chief Financial Officer of Flotek Industries (FTK), had 6,299 common shares withheld to satisfy a tax withholding obligation on Feb 24, 2026. The withholding occurred at $16.02 per share for a total value of $100,910.
  • This Form 4 is an amendment correcting an administrative error in the original filing that had incorrectly reported the transaction as a sale. The economics are a tax-withholding (code F), not an open-market sale.

Key Details

  • Transaction date: 2026-02-24; price per share: $16.02; shares withheld: 6,299; total value: $100,910.
  • Transaction code: F (payment of exercise price or tax liability — tax withholding).
  • Amendment note: Original Form 4 (filed Feb 26, 2026) mistakenly reported a sale; this amendment (filed Mar 2, 2026) corrects that to a withholding (Footnote F1).
  • Shares owned after the transaction: not specified in the provided filing excerpt.
  • Timeliness: original Form 4 was filed within standard reporting timing; this amendment is administrative.

Context

  • Share withholding to cover taxes is a routine, administrative action tied to option exercises or restricted share vesting and does not indicate the insider actively selling shares on the open market. It reduces the insider’s outstanding share count but is generally not treated as a bullish or bearish signal.