Form 4: Flotek Director Michael Fucci Receives Stock Grant

Director Michael Fucci acquired 5,099 shares of Flotek Industries common stock as compensation for board service.

Summary

• Director Michael Fucci was granted 5,099 restricted stock awards (RSAs) on May 15, 2026.
• The shares were granted as consideration for service on the Board of Directors.
• Following this transaction, the director's total beneficial ownership of common shares increased to 88,243.
• The grant price was $0, reflecting the nature of the equity compensation award.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine regulatory disclosure regarding director compensation, which is neutral in terms of market impact.

Positives

• Alignment of director interests with shareholders through equity-based compensation.
• Increase in total beneficial ownership by a board member.

Negatives

• None identified.

Risks

• Vesting of the restricted stock is contingent upon the earlier of the one-year anniversary or the next annual shareholders meeting.

Future Outlook

The restricted stock awards vest on the earlier of the one-year anniversary of the grant date or the next annual shareholders meeting, provided the meeting occurs at least 50 weeks after the grant date.

Industry Context

StockSavvy.ai notes that equity-based compensation for board members is a standard corporate governance practice in the energy services sector to ensure long-term alignment with shareholder value.

Comparison to Industry Standards

• The use of restricted stock units (RSUs) or awards (RSAs) for board compensation is consistent with standard practices among mid-cap energy service companies.
• The vesting schedule aligns with typical annual director compensation cycles observed in the industry.

Corporate Governance

Stakeholder Impact

• Shareholders: Minimal impact; reflects standard director compensation practices.

Next Steps

• Vesting of the 5,099 restricted stock awards upon the earlier of the one-year anniversary or the next annual shareholders meeting.

Key Dates

Keywords

Flotek Industries, FTK, Form 4, Insider Trading, Director Compensation, Equity Grant