Duhon Lamar L. 4

4 · FLOWSERVE CORP · Filed Feb 18, 2026

AI-generated summary of this filing

Updated Feb 18, 2026

Flowserve (FLS) President Lamar Duhon Exercises RSUs, Sells Shares

What Happened

Lamar L. Duhon, President (FPD) of Flowserve Corp., had restricted stock units convert into common shares on Feb 17, 2026. The filing shows two conversion (M) entries totaling 7,900 shares (4,056 shares acquired; 3,844 shares converted and marked as disposed) and a tax-withholding (F) of 1,597 shares at $89.69 per share, totaling $143,235. The exercise/conversion reported $0.00 exercise price per share (typical for RSU settlement).

Key Details

Transaction date: 2026-02-17; filing date: 2026-02-18 (timely).
Transactions reported:
- M (exercise/conversion): +4,056 shares @ $0.00 (acquired).
- M (exercise/conversion): 3,844 shares @ $0.00 (disposed; derivative).
- F (tax withholding): 1,597 shares @ $89.69 (disposed) = $143,235 withheld to satisfy tax obligations.
Shares owned after transaction: not specified in the provided filing excerpt.
Footnote: These were restricted stock units (RSUs) that convert into one share each at settlement and vest ratably over three years (see filer footnote F1).
Filing timeliness: filed the day after the transactions; no late filing indicated.

Context

These entries reflect the conversion/settlement of RSUs and withholding to cover taxes, not an open-market sale for investment purposes. Code M indicates exercise/conversion of a derivative (here RSUs); code F indicates shares were surrendered/withheld to satisfy tax withholding. Such withholding is a routine administrative step and does not necessarily signal an investor view on the stock.

Form 4

Period: 2026-02-17

President, FPD

Transactions

Exercise/Conversion
Common Stock
2026-02-17+4,056→ 34,972 total
Tax Payment
Common Stock
2026-02-17$89.69/sh−1,597$143,235→ 33,375 total
Exercise/Conversion
Restricted Stock Units
[F1]
2026-02-17−3,844→ 29,238 total
→ Common Stock (3,844 underlying)

Footnotes (1)

[F1]Each restricted stock unit represents the right to receive, at settlement, one share of common stock (plus dividends accrued on the underlying shares) and are granted to the reporting person pursuant to the issuer's long-term incentive compensation plan for employees. The shares vest ratably over a three-year period on each annual anniversary of the grant.

Signature

/s/ Shakeeb Mir, attorney-in-fact|2026-02-18

1 file