FLOTEK INDUSTRIES INC/CN/·4

May 18, 5:31 PM ET

Farber Evan R 4

Research Summary

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Flotek (FTK) Director Evan Farber Receives 5,099-Share Award

What Happened
Evan R. Farber, a director of Flotek Industries, was granted 5,099 restricted stock awards (RSA) on May 15, 2026 (transaction code A). The Form 4 reports an acquisition price of $0.00 per share (total reported value $0), reflecting these shares were issued as compensation rather than a market purchase.

Key Details

  • Transaction date: 2026-05-15; Filing date: 2026-05-18 (Form 4 accession 0000928054-26-000059).
  • Transaction: Grant/Award (code A) of 5,099 shares at $0.00 per share (total reported value $0).
  • Shares owned after transaction: Not specified in the provided filing data.
  • Vesting/footnote: RSAs vest on the earlier of the one‑year anniversary of the grant or the next annual shareholders meeting (provided that meeting occurs at least 50 weeks after the grant date).
  • No 10b5-1, tax withholding, or cash exercise noted — this is a direct compensation award.

Context
Restricted stock awards to directors are a common form of compensation and typically vest over time; they are not an immediate open‑market purchase or sale. Because the award was granted as compensation (reported at $0), it does not represent a cash purchase signal by the insider.