TechnipFMC CFO has 118,843 shares withheld for tax
TechnipFMC plc (FTI) reported that EVP & Chief Financial Officer Melin Alf had 118,843 Ordinary Shares withheld on August 25, 2026 to pay taxes on performance stock units under the company’s Value Creation Plan that earned and vested on July 27, 2026.
Rhea-AI Filing Summary
TechnipFMC plc (FTI) reported that EVP & Chief Financial Officer Melin Alf had 118,843 Ordinary Shares withheld on August 25, 2026 to pay taxes on performance stock units under the company’s Value Creation Plan that earned and vested on July 27, 2026. The withholding was reported at $75.20 per share, leaving Alf with 422,156 Ordinary Shares held directly.
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 118,843 shares
Net Sell
1 txn
Insider
Melin Alf
Role
EVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares F1 | 118,843 | $75.20 | $8.94M |
Holdings After Transaction:
Ordinary Shares — 422,156 shares (Direct)
Footnotes (1)
- F1. Represents Ordinary Shares withheld for payment of taxes on performance stock units under the Company's Value Creation Plan that were earned and vested on July 27, 2026.
Key Figures
Shares withheld for taxes: 118,843 Ordinary Shares
Transaction price per share: $75.20 per share
Shares owned after transaction: 422,156 Ordinary Shares
3 metrics
Shares withheld for taxes
118,843 Ordinary Shares
Ordinary Shares withheld on August 25, 2026 for payment of taxes on vested performance stock units
Transaction price per share
$75.20 per share
Reported price per share for the tax-withholding disposition of 118,843 Ordinary Shares
Shares owned after transaction
422,156 Ordinary Shares
Direct holdings of Melin Alf following the August 25, 2026 transaction
Key Terms
performance stock units, Value Creation Plan, withheld for payment of taxes
3 terms
performance stock units financial
"payment of taxes on performance stock units under the Company's Value Creation Plan"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
Value Creation Plan financial
"under the Company's Value Creation Plan that were earned and vested"
withheld for payment of taxes financial
"Represents Ordinary Shares withheld for payment of taxes on performance"
FAQ
What insider transaction did FTI’s EVP & CFO Melin Alf report?
Melin Alf reported a code F transaction where 118,843 Ordinary Shares were withheld on August 25, 2026 for payment of taxes related to vested performance stock units under TechnipFMC’s Value Creation Plan.
What are Melin Alf’s TechnipFMC (FTI) holdings after the reported transaction?
After the tax-withholding transaction, Melin Alf is reported as directly holding 422,156 Ordinary Shares of TechnipFMC plc.
AI-generated analysis. How Rhea-AI works. Not financial advice.