[Form 4] TechnipFMC plc Insider Trading Activity
TechnipFMC plc (FTI) insider activity: Melin Alf, EVP & Chief Financial Officer, reported multiple transactions on 09/22/2025 executed pursuant to a Rule 10b5-1 trading plan adopted June 23, 2025. The filing shows the exercise/settlement of two employee stock options (6,584 shares at $25.24 and 7,176 shares at $21.10) and the sale of 113,760 ordinary shares in multiple transactions at weighted-average prices of $38.61–$38.62 (with per-trade ranges disclosed). Following these transactions, the reporting person beneficially owned 241,140 shares. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person.
- Transactions executed under a documented Rule 10b5-1 plan, adopted June 23, 2025, which provides an affirmative defense for planned trades.
- Exercise of employee stock options (6,584 shares at $25.24 and 7,176 shares at $21.10), converting derivative awards into ordinary shares before or concurrent with sales.
- Detailed price ranges and weighted-average prices disclosed in footnotes, offering transparency about the multiple sale executions.
- Significant insider sales on 09/22/2025 totaling 113,760 shares (100,000 + 6,584 + 7,176), which reduced the reporting person’s post-transaction holdings to 241,140 shares.
- Weighted-average sale prices in the high $30s indicate material proceeds but also represent substantial disposition of shares by the CFO on a single day.
Insights
TL;DR: Routine option exercises and planned selling under a 10b5-1 plan; transactions do not by themselves indicate a change in company fundamentals.
The filings show exercise of vested employee stock options and concurrent market sales executed under a pre-established Rule 10b5-1 plan adopted on June 23, 2025. Total shares sold on 09/22/2025 were 113,760 at weighted-average prices in the high $30s, while option exercises increased share count before sales. This pattern—exercise followed by sales under a trading plan—is common for executives monetizing compensation and is informational rather than conclusive about firm outlook.
TL;DR: Disclosure aligns with typical insider-plan practice; documentation of plan and price ranges adds compliance clarity.
The Form 4 discloses that transactions were effected pursuant to a documented 10b5-1 plan and provides weighted-average sale prices and ranges. The filing also notes anti-dilution adjustments tied to a prior spin-off. The use of an attorney-in-fact signature is permitted and the explanatory footnotes supply required detail for transparency, supporting good disclosure practice.