Routine Form 4: FMC Director’s 34-Share Issuance Seen as Neutral

Rhea-AI Filing Summary

FMC Corp (FMC) – Form 4 filed 21-Jul-2025

Director Steven T. Merkt reported the automatic acquisition of 34 common shares on 17-Jul-2025 at $0 cost. The shares were issued as dividend-equivalent rights tied to previously-vested restricted stock units. After the transaction Merkt directly owns 5,809 FMC shares. No derivative securities were exercised, and there were no open-market buys or sales.

The transaction is immaterial in size—roughly 0.00004 % of FMC’s outstanding shares—and appears to be routine administrative settlement rather than an active investment decision. Accordingly, it provides only a limited signal about insider sentiment or the company’s near-term fundamentals.

Positive

• Insider ownership incrementally increases, albeit by only 34 shares, showing continued participation in equity-based compensation.

Negative

• Transaction size is immaterial and executed at $0, offering little insight into insider conviction.
• No open-market purchase; thus no fresh signal on valuation sentiment.

Insights

Securities Analyst

TL;DR: Routine dividend-equivalent share issuance; negligible impact on valuation.

The 34-share addition cost the insider nothing and raises his stake to 5,809 shares—still a de-minimis holding relative to FMC’s market capitalization. Because the shares stem from pre-existing RSUs, the filing does not indicate incremental purchasing appetite nor convey new information on earnings or strategy. I view it as neutral for share-price outlook.

Corporate Governance Expert

TL;DR: Administrative Form 4; governance posture unchanged.

Dividend-equivalent rights are standard features of director equity plans designed to maintain economic neutrality when cash dividends are paid. The small share count and absence of derivative activity suggest no governance concern or unusual insider behavior. Transparency is appropriate, but investors should not infer strategic intent.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

MERKT STEVEN T

(Last) (First) (Middle)

C/O FMC CORPORATION

2929 WALNUT STREET

(Street)

PHILADELPHIA PA 19104

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
FMC CORP [ FMC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/17/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/17/2025		A		34(1)	A	$0	5,809	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These shares were issued pursuant to dividend equivalent rights in connection with vested restricted stock units held by the reporting person.

	/s/ Sara Ponessa, as attorney-in-fact for Steven Merkt	07/21/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

How many FMC shares did Director Steven Merkt acquire?

He acquired 34 common shares on 17-Jul-2025.

What was the purchase price of the shares?

The shares were issued at $0 through dividend-equivalent rights—not an open-market buy.

How many FMC shares does the director now own?

After the transaction, Merkt owns 5,809 shares directly.

Does this Form 4 signal a major insider buying trend at FMC?

No. The filing reflects a routine administrative issuance and is not a meaningful purchase.

Were any derivative securities exercised or disposed of?

No derivative securities were reported as exercised or disposed of in this filing.