Boukalik Brian 4

What Happened

• Brian Boukalik, Chief Human Resources Officer at Flowserve (FLS), had restricted stock units (RSUs) convert to common shares on June 16, 2026. The filing reports conversion/exercise activity and a tax-withholding share disposition.
• Reported transactions: 701 shares acquired via conversion/exercise (code M) at $0.00 per share; 171 shares withheld/disposed to cover taxes at $78.07 per share for a total of $13,350 (code F); and a separate conversion/exercise entry of 681 shares reported as disposed (code M) at $0.00. These entries reflect RSU settlement and related share withholding rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-16 (Form 4 filed 2026-06-17; appears timely).
• Reported prices/values: withholding price $78.07 for 171 shares = $13,350; conversion entries reported at $0.00 (typical for RSU settlement entries).
• Shares owned after the transactions: not disclosed in the provided excerpt of the filing (check full Form 4 for post-transaction holdings).
• Footnote: F1 — Each RSU represents the right to one share (plus accrued dividends); granted under the issuer’s long-term incentive plan, vest ratably over three years beginning June 15, 2025, and settle the next business day.
• Transaction codes: M = exercise/conversion of derivative (here, RSU conversion); F = share withholding to satisfy tax withholding.

Context

• This activity appears to be RSU vesting/settlement, a routine compensation event; the F-code share disposition reflects tax withholding rather than an outright sale. Conversions of RSUs increase beneficial holdings unless shares are withheld to cover taxes.
• Because the filing shows multiple conversion lines and a withholding line, check the full Form 4 for the exact net change in Boukalik’s share position and any additional notes.