GARRISON JOHN L JR 4

What Happened John L. Garrison Jr., a director of Flowserve Corp. (FLS), was granted 839 derivative shares (reported as an award) on 2026-02-11. The grant is recorded at $87.37 per share, a total reported value of $73,303. This was an award of phantom stock — a form of deferred director compensation — not an open-market purchase.

Key Details

• Transaction date: 2026-02-11; Filing date: 2026-02-12 (appears timely).
• Transaction type/code: Grant/Award (A) of derivative securities (phantom stock).
• Shares/units granted: 839 phantom shares at $87.37 each; total value $73,303.
• Shares owned after transaction: Not reported in the Form 4.
• Footnotes:
  • F1 — Each phantom share equals the economic equivalent of one common share and represents deferred director compensation.
  • F2 — Phantom shares become payable in common stock upon the director’s termination of board service.
• No indication of a 10b5-1 plan, sale, gift, or tax-withholding event in this filing.

Context Phantom stock awards are a deferred-compensation mechanism for directors; they do not immediately issue common shares or represent an open-market purchase. Such grants are routine as part of board pay and do not, by themselves, indicate the director is buying or selling company stock.