Lewis M. Kling, President and CEO at FLOWSERVE CORP (FLS), sold 50,000 shares at $102.47 ($5.2M) on 2008-03-07, disclosed to the SEC on 2008-03-07.
Scheduled sale ($5.2M) by President and CEO under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $106.53 | 15,000 | $1.6M | 30.7% |
| 2 | $103.94 | 15,000 | $1.6M | 29.9% |
| 3 | $102.47 | 20,000 | $2.0M | 39.4% |
| Total | $104.13 avg | 50,000 | $5.2M | 100% |
| Filing → |
| FLS | SELL | 2009-08-05 | $6.3M | — | Filing → |
| FLS | SELL | 2008-08-26 | $3.2M | — | Filing → |
| FLS | SELL | 2008-03-04 | $7.4M | — | Filing → |