[Form 4] TechnipFMC plc Insider Trading Activity
TechnipFMC plc (FTI) insider filing: Douglas J. Pferdehirt, Chair and CEO, reported multiple share dispositions on 09/22/2025 under a Rule 10b5-1 plan adopted June 23, 2025. He sold 632,539 ordinary shares at a weighted-average price of $38.62 (sales ranged $38.08–$38.88) and an additional 80,304 shares at a weighted-average $38.35 (range $38.07–$38.66). He also reported a grant-related disposition of 399,626 shares with $0 price (likely a withholding/settlement). After these transactions he beneficially owned 2,917,054 shares directly and notes 0 shares indirectly held by a family trust.
- Transactions executed under a Rule 10b5-1 plan, indicating pre-established trading instructions and compliance with insider trading rules
- Detailed disclosure of weighted-average prices and price ranges, enabling transparency about execution
- CEO retains significant direct ownership (2,917,054 shares) after the reported transactions
- Large aggregate dispositions (632,539 and 80,304 shares sold, plus 399,626 reported at $0) reduced insider-held shares on 09/22/2025
- Potential short-term selling pressure from a sizable insider sale, which may affect market perception despite being pre-planned
Insights
TL;DR: Significant CEO share sales were executed under a 10b5-1 plan, reducing direct holdings but disclosed transparently.
The CEO sold a substantial number of shares (totaling 1,112,469 reported as dispositions across codes S and G) on a single date via a Rule 10b5-1 plan, providing weighted-average prices and price ranges. This reduces insider share exposure and increases public float. Because sales were made pursuant to a pre-established plan and fully disclosed with price ranges, the transactions are routine from a compliance perspective, though the absolute size is material relative to insider ownership and could be viewed as supply pressure in the short term.
TL;DR: Insider followed governance best practices by using a 10b5-1 plan and disclosing transaction details.
The filing shows adherence to Rule 10b5-1 with clear footnotes and willingness to provide granular sale information on request, which supports good disclosure practices. The mix of transaction codes (S and G) and a $0 entry suggest withholding or settlement mechanics for tax or grant-related obligations. Investors should note the CEO remains a major shareholder with 2.9 million shares directly after the trades.