Rowe Robert Scott 4
4 · FLOWSERVE CORP · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
Flowserve (FLS) CEO Robert Rowe Converts RSUs; 11.5K Shares Withheld
What Happened
- Robert Rowe, President & CEO (and Director) of Flowserve Corp., had restricted stock units (RSUs) convert into common shares on 2026-02-17. The filing reports an acquisition of 29,162 shares via conversion of derivatives (code M) at $0.00 per share.
- To satisfy tax withholding, 11,476 shares were surrendered (code F) at an indicated value of $89.69 per share, totaling $1,029,282. The report also shows a separate derivative conversion/disposition of 27,633 shares (code M) at $0.00.
- This was not an open-market sale or purchase by the CEO — it reflects vesting/conversion of compensation awards and routine tax withholding.
Key Details
- Transaction date: 2026-02-17; Form 4 filed: 2026-02-18 (timely).
- Reported items:
- M: 29,162 shares acquired (conversion) at $0.00
- F: 11,476 shares withheld for taxes at $89.69/share = $1,029,282
- M: 27,633 shares disposed (conversion/derivative) at $0.00
- Shares owned after the transaction: not specified in the provided filing.
- Footnote: The RSUs represent the right to receive one share at settlement and vest ratably over three years (issuer’s long-term incentive plan).
- No indication of a 10b5-1 plan or late filing in the provided data.
Context
- Code M denotes exercise/conversion of a derivative (here, RSUs converting to common stock). Code F denotes shares surrendered to pay taxes — a routine net settlement with no cash proceeds to the insider.
- Such conversions are common upon vesting of long-term awards and do not, by themselves, indicate a buy or sell decision in the open market.
Insider Transaction Report
Form 4
Rowe Robert Scott
DirectorPresident & CEO
Transactions
- Exercise/Conversion
Common Stock
2026-02-17+29,162→ 493,814 total - Tax Payment
Common Stock
2026-02-17$89.69/sh−11,476$1,029,282→ 482,338 total - Exercise/Conversion
Restricted Stock Units
[F1]2026-02-17−27,633→ 189,343 total→ Common Stock (27,633 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 U. Mir, attorney-in-fact|2026-02-18