Lewis M. Kling, President and CEO at FLOWSERVE CORP (FLS), sold 48,651 shares at $71.36 ($3.3M) on 2007-08-14, disclosed to the SEC on 2007-08-16.
Scheduled sale ($3.3M) 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 | $71.36 | 16,490 | $1.2M | 35.4% |
| 2 | $66.66 | 32,161 | $2.1M | 64.6% |
| Total | $68.25 avg | 48,651 | $3.3M | 100% |
| Filing → |
| FLS | SELL | 2009-08-05 | $6.3M | — | Filing → |
| FLS | SELL | 2008-08-26 | $3.2M | — | Filing → |
| FLS | SELL | 2008-03-07 | $5.2M | — | Filing → |