Flowserve Corp Reports Board Changes and Executive Compensation Updates
Ticker: FLS · Form: 8-K · Filed: Feb 11, 2025 · CIK: 30625
Sentiment: neutral
Topics: governance, executive-compensation, board-of-directors
Related Tickers: FLS
TL;DR
Flowserve board shakeup and exec pay changes announced Feb 6.
AI Summary
Flowserve Corporation announced on February 6, 2025, changes in its board of directors and executive compensation arrangements. The filing details the departure of certain officers and the election of new directors, alongside updates to compensatory plans for key executives.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy, governance, or financial outlook, impacting investor confidence and stock performance.
Risk Assessment
Risk Level: low — The filing primarily concerns routine corporate governance and executive compensation matters, not significant financial distress or operational disruptions.
Key Players & Entities
- FLOWSERVE CORP (company) — Registrant
- February 6, 2025 (date) — Earliest event reported
- New York (state) — State of Incorporation
FAQ
What specific items are being reported under Item 5.02 of the 8-K?
Item 5.02 covers the departure of directors or certain officers, election of directors, and appointment of certain officers, as well as compensatory arrangements of certain officers.
What is the date of the earliest event reported in this 8-K filing?
The earliest event reported is dated February 6, 2025.
What is Flowserve Corporation's state of incorporation?
Flowserve Corporation is incorporated in New York.
What is the SIC code for Flowserve Corporation?
The Standard Industrial Classification (SIC) code for Flowserve Corporation is 3561, which corresponds to Pumps & Pumping Equipment.
Are there any amendments to articles of incorporation or bylaws mentioned?
Yes, Item 5.03 indicates potential amendments to articles of incorporation or bylaws, or a change in fiscal year.
Filing Stats: 659 words · 3 min read · ~2 pages · Grade level 11.1 · Accepted 2025-02-11 08:45:14
Key Financial Figures
- $1.25 — nge on which registered Common Stock, $1.25 Par Value FLS New York Stock Exchan
Filing Documents
- d924767d8k.htm (8-K) — 28KB
- d924767dex31.htm (EX-3.1) — 113KB
- 0001193125-25-024052.txt ( ) — 295KB
- fls-20250206.xsd (EX-101.SCH) — 3KB
- fls-20250206_lab.xml (EX-101.LAB) — 18KB
- fls-20250206_pre.xml (EX-101.PRE) — 11KB
- d924767d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 3.1 Flowserve Corporation By-Laws, as amended and restated effective February 7, 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FLOWSERVE CORPORATION Dated: February 11, 2025 By: /s/ Susan C. Hudson Susan C. Hudson Senior Vice President, Chief Legal Officer