Ibrahim Christina M 4
4 · FLOTEK INDUSTRIES INC/CN/ · Filed Apr 6, 2026
Research Summary
AI-generated summary of this filing
Flotek (FTK) SVP Christina Ibrahim Receives Stock Award
What Happened
Christina M. Ibrahim, Flotek Industries' Senior Vice President, General Counsel and Chief Compliance Officer, received a total of 19,877 equity awards in March 2026 through grant transactions (code A). The awards consist of three grant entries: 3,163 restricted stock units (RSUs) on 2026-03-02 and two 8,357-unit grants on 2026-03-10 (one of which is a derivative/performance-based award). All awards show an acquisition price of $0.00 and therefore required no cash outlay by the insider. These are compensation awards, not open-market purchases or sales.
Key Details
- Transaction dates and amounts:
- 2026-03-02: 3,163 RSUs @ $0.00
- 2026-03-10: 8,357 RSUs @ $0.00
- 2026-03-10: 8,357 PRSUs (derivative) @ $0.00
- Total units awarded: 19,877
- Footnotes:
- F1: RSUs vest in three equal annual installments.
- F2: Each PRSU is a contingent right to one share; up to half vests based on Adjusted EBITDA performance (performance period 1/1/2026–12/31/2027, subject to continued employment through 12/31/2028), and up to half vests based on total shareholder return vs. the Russell 2000 Oil Equipment & Services index (performance period 1/1/2026–12/31/2028).
- Price: $0.00 per unit (award/grant).
- Shares owned after transaction: Not specified in the filing provided.
- Filing timeliness: Report filed 2026-04-06 for transactions in early March 2026 — this Form 4 appears to have been filed late (Forms 4 are generally due within 2 business days of the transaction). Late filing may be noted in SEC records and can result in reporting deficiencies but does not change the nature of the awards.
Context
These awards are compensation-related grants subject to time- and/or performance-based vesting conditions; they do not represent immediate purchases or sales and are not a direct market signal. The PRSUs are derivative/contingent awards that convert to shares only if performance and service conditions are met.
Insider Transaction Report
- Award
Common Shares
[F1]2026-03-02+3,163→ 3,163 total - Award
Common Shares
[F1]2026-03-10+8,357→ 11,520 total - Award
Performance Based Restricted Stock Unit
[F2]2026-03-10+8,357→ 8,357 total→ Common Stock (8,357 underlying)
Footnotes (2)
- [F1]Restricted stock units that vest in three equal annual installments.
- [F2]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.