TechnipFMC (FTI) CTO reports 2,707-share tax withholding transaction
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TechnipFMC plc executive vice president and chief technology officer Justin Rounce reported a tax-withholding disposition of 2,707 ordinary shares on February 24, 2026. The shares were withheld to pay taxes on the vesting of restricted stock units granted on February 24, 2025, at a price of $65.40 per share. After this transaction, he directly owned 252,835 ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rounce Justin
Role
EVP & Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 2,707 | $65.40 | $177K |
Holdings After Transaction:
Ordinary Shares — 252,835 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did TechnipFMC (FTI) CTO Justin Rounce report?
Justin Rounce reported a tax-related disposition of 2,707 TechnipFMC ordinary shares. The shares were withheld on February 24, 2026 at $65.40 each to cover taxes from restricted stock units that vested from a February 24, 2025 grant, leaving him with 252,835 shares.
Was the TechnipFMC (FTI) insider transaction an open-market sale?
No, the transaction was not an open-market sale. The Form 4 describes it as shares withheld to pay tax obligations upon vesting of restricted stock units, coded as an F transaction for payment of tax liability by delivering securities rather than a discretionary sale.
What does transaction code F mean in the TechnipFMC (FTI) Form 4 filing?
Transaction code F indicates shares used to pay an exercise price or tax liability. In this case, 2,707 TechnipFMC ordinary shares were withheld to cover taxes owed when restricted stock units granted on February 24, 2025 vested on February 24, 2026.