Flowserve Corp DEF 14A: Executive Pay & Shareholder Votes
Ticker: FLS · Form: DEF 14A · Filed: Apr 2, 2025 · CIK: 30625
| Field | Detail |
|---|---|
| Company | Flowserve CORP (FLS) |
| Form Type | DEF 14A |
| Filed Date | Apr 2, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: proxy-statement, executive-compensation, corporate-governance
TL;DR
Flowserve's proxy statement is out - check exec pay and vote on proposals.
AI Summary
Flowserve Corp filed its DEF 14A on April 2, 2025, detailing executive compensation and corporate governance for the fiscal year ending December 31, 2024. The filing includes information on equity awards, pension changes, and the fair value of equity awards granted. Key executives and their compensation packages are outlined, alongside proposals for shareholder votes.
Why It Matters
This filing provides crucial insights into how Flowserve Corp compensates its top executives and outlines proposals that shareholders will vote on, impacting the company's future direction and governance.
Risk Assessment
Risk Level: medium — DEF 14A filings can reveal executive compensation details and governance proposals that may indicate potential risks or opportunities for investors.
Key Numbers
- 20250402 — Filing Date (Date the DEF 14A was filed with the SEC.)
- 20250516 — Period of Report (The period this filing pertains to.)
- 1231 — Fiscal Year End (Indicates the end of the company's fiscal year.)
Key Players & Entities
- Flowserve Corp (company) — Filer of the DEF 14A
- DURCO INTERNATIONAL INC (company) — Former company name
- DURIRON CO INC (company) — Former company name
- THE DURIRON CO INC (company) — Former company name
FAQ
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, also known as a Definitive Proxy Statement, is used to solicit shareholder votes on important corporate matters, such as the election of directors, executive compensation, and other proposals.
When is Flowserve Corp's fiscal year end?
Flowserve Corp's fiscal year ends on December 31st, as indicated in the filing.
What information is typically found in a DEF 14A filing regarding compensation?
DEF 14A filings typically include detailed information about the compensation of the company's named executive officers, including salary, bonuses, stock awards, option awards, and other benefits.
What does the filing indicate about Flowserve Corp's former names?
The filing indicates that Flowserve Corp was formerly known as DURCO INTERNATIONAL INC, DURIRON CO INC, and THE DURIRON CO INC, with name changes occurring in 1997, 1992, and 1990 respectively.
What are some of the key data points related to executive compensation mentioned in the filing's XBRL tags?
The filing includes XBRL tags related to 'ReportedValueOfEquityAwardsMember', 'EquityAwardAdjustmentsMember', 'ReportedValueOfChangeInPensionMember', 'ChangeInPensionAdjustmentsMember', and 'YearEndFairValueOfEquityAwardsGrantedInTheYearMember' for the period of January 1, 2024, to December 31, 2024.
Filing Details
This Form DEF 14A (Form DEF 14A) was filed with the SEC on April 2, 2025 regarding FLOWSERVE CORP (FLS).