Flowserve (FLS) Director Cheryl Johnson Receives 445-Share Award

What Happened
Cheryl H. Johnson, a director of Flowserve Corp (FLS), was granted 445 shares of phantom stock on 2026-08-11. The award is reported at an equivalent price of $80.64 per share, for a total economic value of $35,885. This was an award (derivative) under the company’s deferred compensation plan — not an open-market purchase or sale.

Key Details

• Transaction date: 2026-08-11 (reported on Form 4 filed 2026-08-12) — filing appears timely.
• Transaction type: Award/Acquisition (derivative phantom stock), 445 shares @ $80.64 = $35,885.
• Shares owned after transaction: Not specified in this filing.
• Footnotes:
  • F1 — Each phantom share equals the economic value of one common share and represents director compensation deferred under the issuer’s deferred compensation plan.
  • F2 — Phantom shares become payable in common stock upon the director’s termination of board service.
• No indication of a 10b5-1 plan, immediate sale, or tax-withholding sale in this filing.

Context
Phantom stock awards are a form of deferred compensation for directors and do not represent an immediate purchase of common stock; they convert to actual shares (or their cash equivalent) when the director leaves the board per the plan terms. Such awards are routine director compensation and should not be read as a direct buy/sell signal about the insider’s market view.