Flowserve (FLS) Director John L. Garrison Jr. Receives Stock Award

What Happened

• John L. Garrison Jr., a director of Flowserve Corporation (FLS), was granted 944 shares of phantom stock on 2026-08-11. The grant is reported at $80.64 per share for a total value of $76,124. This was a director compensation award (derivative/phantom stock), not an open-market purchase.

Key Details

• Transaction date: 2026-08-11; filing date: 2026-08-12 (timely).
• Grant: 944 phantom shares at $80.64 per share; total value $76,124.
• Shares owned after transaction: Not reported in this filing.
• Footnotes: Phantom shares are economic equivalents of common shares and represent deferred director compensation (payable in common stock upon the director’s termination of board service).
• Transaction type: Award/Grant (derivative), not a purchase or sale of existing shares.

Context

• Phantom stock is a deferred-compensation vehicle that tracks the value of common shares; the holder does not receive actual shares immediately. Payment in common stock will occur when the director leaves the board per the plan terms. Such director awards are routine compensation and should not be taken alone as a market signal of insider sentiment.