Matthew Carl Klopfer, President of FPD at Flowserve Corp (NYSE:FLS), filed a Form 4 on September 23, 2026, disclosing the vesting of restricted stock units and a related tax-withholding disposition of common stock on the same date.

Key Highlights

  • RSU vesting (M code): 3,049 shares of common stock were acquired at $0 on September 23, 2026, through an M-coded transaction.
  • Shares withheld for taxes (F code): 1,200 shares were disposed of at $74.67 per share on September 23, 2026.
  • Remaining direct ownership: 8,694 shares of common stock beneficially owned directly following the reported transactions.
  • Derivative settlement: 3,010 restricted stock units were settled (M code), with 16,820 RSUs remaining directly held after the transaction.
  • Vesting schedule: According to the filing, the shares vest ratably over a three-year period beginning on September 22, 2026, and settle on the next business day.
  • Plan basis: The RSUs were granted under the issuer's long-term incentive compensation plan for employees, with each unit representing the right to receive one share of common stock at settlement.

Flowserve FPD President Klopfer Discloses RSU Settlement and Tax Withholding on September 23, 2026

According to the Form 4 filing, Matthew Carl Klopfer, serving as President of FPD at Flowserve Corp (NYSE:FLS), reported two transactions in common stock on September 23, 2026. The first was an acquisition of 3,049 shares coded M, reflecting the settlement of restricted stock units at a price of $0. The second was a disposition of 1,200 shares coded F, at a price of $74.67 per share, representing shares withheld to satisfy tax obligations. Following these transactions, Klopfer directly held 8,694 shares of common stock, the filing stated.

In Table II, the filing disclosed that 3,010 restricted stock units were settled on the same date via an M-coded transaction, also at $0. The filing explained that each restricted stock unit represents the right to receive, at settlement, one share of common stock, and that these units were granted under the issuer's long-term incentive compensation plan for employees. Following the reported derivative transaction, Klopfer's direct beneficial ownership of RSUs stood at 16,820 units.

The filing noted that the shares vest ratably over a three-year period beginning on September 22, 2026, and settle on the next business day. The Form 4 was signed by Grace-Ann Duquette as attorney in fact, dated September 23, 2026. No amendment date was indicated, and the form was filed by one reporting person.

What Was Disclosed

The filing reported the vesting and settlement of restricted stock units held by Flowserve's President of FPD, a corresponding tax-withholding share disposition at $74.67, and resulting direct ownership of 8,694 common shares and 16,820 RSUs.