Schwetz Amy B 4

What Happened

• Amy B. Schwetz, Chief Financial Officer of Flowserve Corp (FLS), had restricted stock units converted into common shares on February 17, 2026. The Form 4 reports an exercise/conversion (derivative, code M) for 9,128 shares (acquired) and a separate exercise/conversion entry for 8,650 shares (reported as derivative/ disposed at $0). In connection with the conversion, 3,592 shares were surrendered/withheld to cover tax obligations (transaction code F) at $89.69 per share, totaling $322,166.

Key Details

• Transaction date: 2026-02-17; Form 4 filed 2026-02-18 (appears timely).
• Reported entries: M — 9,128 shares acquired; M — 8,650 shares (reported as derivative/ disposed, $0); F — 3,592 shares withheld at $89.69, $322,166.
• Footnote: The reporting person’s award is restricted stock units (RSUs) that vest and convert to one share each (plus accrued dividends); RSUs vest ratably over three years (issuer’s long-term incentive plan).
• Shares owned after the transaction: not disclosed in the excerpt provided.
• No open-market sale by the insider is reported here beyond shares withheld to cover taxes.

Context

• This filing documents RSU conversion and routine tax-withholding rather than a stock sale on the open market. Share withholding to satisfy tax liabilities is a common, administrative outcome of RSU vesting (a form of cashless settlement) and does not necessarily indicate a buy/sell opinion by the insider.