TechnipFMC (NYSE: FTI) executive sells 116,194 shares after option exercises
Rhea-AI Filing Summary
TechnipFMC plc President, Subsea Jonathan Landes reported multiple equity transactions in Ordinary Shares on March 9, 2026. He exercised employee stock options for 7,317 shares at an exercise price of $25.24 and 10,873 shares at $21.10, acquiring a total of 18,190 shares.
On the same date, Landes sold 31,568 shares at a weighted average price of $61.26, 48,559 shares at $62.13, and 36,067 shares at $63.13, for total open‑market sales of 116,194 shares. He also made a bona fide gift of 20,768 shares at no consideration. Following these transactions, he directly holds 50,588 Ordinary Shares.
All sales and option exercises were effected pursuant to a Rule 10b1-5 trading plan adopted by Landes on December 3, 2025, indicating the trades were pre‑scheduled rather than discretionary.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) | 7,317 | $0.00 | -- |
| Exercise | Employee Stock Option (right to buy) | 10,873 | $0.00 | -- |
| Exercise | Ordinary Shares | 7,317 | $25.24 | $185K |
| Exercise | Ordinary Shares | 10,873 | $21.10 | $229K |
| Sale | Ordinary Shares | 31,568 | $61.26 | $1.93M |
| Sale | Ordinary Shares | 48,559 | $62.13 | $3.02M |
| Sale | Ordinary Shares | 36,067 | $63.13 | $2.28M |
| Gift | Ordinary Shares | 20,768 | $0.00 | -- |
Footnotes (1)
- The transactions reported in this Form 4 (all sales and the exercise of stock options) were effected pursuant to a Rule 10b1-5 trading plan adopted by the Reporting Person on December 3, 2025. This price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.67 to $61.67, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. This price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.68 to $62.68, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. This price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.68 to $63.46, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. Reflects the automatic adjustment of the exercise price and number of shares subject to the employee stock option pursuant to anti-dilution provisions contained in the applicable award, which provisions were triggered as a result of the completion of the Issuer's pro-rata distribution of a portion of the outstanding shares of Technip Energies N.V. to the Issuer's shareholders (the "Spin-off") on February 16, 2021.