FMC Form 4: Davidson Receives 113 Shares, No Cash Outlay

Rhea-AI Filing Summary

FMC Corp. (FMC) Form 4: Director Carol Anthony Davidson reported the issuance of 113 common shares on 17 Jul 2025. The shares were granted at $0 cost as dividend-equivalent rights tied to previously vested restricted stock units. Following the transaction, Davidson’s direct holding rose to 13,085 shares. No derivative securities were exercised or disposed.

The filing reflects a routine, non-cash increase in insider ownership, signalling continued equity alignment but provides no indication of open-market buying or new strategic information. The size of the grant is immaterial relative to FMC’s average daily volume and market capitalization, so market impact is expected to be negligible.

Positive

• Insider ownership increases slightly, maintaining alignment with shareholders.
• Timely Section 16(a) compliance indicates strong corporate governance practices.

Negative

• Grant is immaterial (113 shares) and was received at $0 cost, limiting positive signalling value.
• No open-market purchase—therefore, no incremental capital commitment by the director.

Insights

Sell-Side Analyst

TL;DR: Routine, non-cash share accrual; negligible impact.

The 113-share dividend equivalent grant merely keeps Davidson’s position whole after the company’s dividend payout and has no cash signal. With a post-transaction stake of 13,085 shares (~US$900k at recent prices), total ownership remains modest for a director, offering limited incremental alignment. No derivatives moved, so option exposure is unchanged. I view the filing as informational only; it does not alter revenue, guidance, or risk profile. Insider sentiment remains neutral.

Governance Specialist

TL;DR: Governance-driven grant; neutral on shareholder value.

Dividend-equivalent share issuance is standard compensation practice, ensuring directors are not diluted by cash dividends. The grant size (<1% of Davidson’s holdings) is immaterial, and the $0 acquisition price means no personal capital deployed—hence it lacks the positive signalling value of an open-market purchase. Compliance with Section 16(a) appears timely, so no governance concerns arise. Overall, the disclosure is not impactful for investors.

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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hours per response:			0.5

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^*

DAVIDSON CAROL ANTHONY

(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		113(1)	A	$0	13,085	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 Carol Anthony Davidson	07/21/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many FMC shares did Director Carol Anthony Davidson acquire?

She received 113 common shares on 17 Jul 2025 via dividend-equivalent rights.

What is Davidson’s total FMC shareholding after the transaction?

Her direct ownership increased to 13,085 shares.

Did the director pay for the shares?

No. The shares were issued at $0 cost as part of dividend-equivalent compensation.

Were any derivative securities exercised or sold?

No; Table II shows no derivative activity.

Does this Form 4 indicate insider buying of FMC stock?

Not in the open market. It reflects a routine compensation grant, not a purchase with personal funds.