Rowe Robert Scott 4
Research Summary
AI-generated summary
Flowserve (FLS) CEO Robert Rowe Receives 61-Share Award
What Happened Robert Scott Rowe, President & CEO and director of Flowserve Corporation (FLS), acquired 61 shares on April 1, 2026 at $73.51 per share, a total value of approximately $4,484. The transaction is recorded as an acquisition (code A) under the company’s employee purchase program.
Key Details
- Transaction date: 2026-04-01; Price: $73.51 per share; Shares acquired: 61; Total value: ~$4,484.
- Filing date: 2026-04-01 (timely filing).
- Shares owned after the transaction: Not disclosed in this Form 4.
- Footnote: Shares were acquired under the non‑qualified Flowserve Corporation 2024 Employee Stock Purchase Plan in a prescheduled transaction (F1).
- Transaction type: Acquisition via ESPP participation (not an option exercise or open-market trade).
Context This was a small-value ESPP purchase made under a prescheduled plan — common for employees and executives who participate in company purchase programs. While purchases can be viewed as a modest positive signal, ESPP transactions are routine payroll/plan-based activities and do not alone indicate a change in insider sentiment.