TechnipFMC (NYSE: FTI) EVP stock withheld to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TechnipFMC plc executive Luana Duffe reported tax-related share dispositions. On February 23, 2026, 16,583 Ordinary Shares were withheld at $64.25 per share to cover taxes on vesting of restricted stock units granted on February 20, 2024.
On February 20, 2026, a further 931 Ordinary Shares were withheld at $63.49 per share for taxes on vesting of restricted and performance stock units granted on February 21, 2023. After the latest transaction, Duffe directly held 127,494 Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Duffe Luana
Role
EVP, New Energy
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 16,583 | $64.25 | $1.07M |
| Tax Withholding | Ordinary Shares | 931 | $63.49 | $59K |
Holdings After Transaction:
Ordinary Shares — 127,494 shares (Direct)
Footnotes (1)
- Represents Ordinary Shares withheld for payment of taxes on vesting of restricted stock units granted on February 20, 2024. Represents Ordinary Shares withheld for payment of taxes on vesting of restricted and performance stock units granted on February 21, 2023.
FAQ
What did TechnipFMC (FTI) EVP Luana Duffe report in this Form 4?
Luana Duffe reported tax-withholding dispositions of TechnipFMC Ordinary Shares. The shares were withheld by the company to cover tax obligations arising from the vesting of previously granted restricted and performance stock units, rather than open-market purchases or sales.
Does the TechnipFMC (FTI) Form 4 show open-market selling by Luana Duffe?
The Form 4 shows tax-withholding dispositions, not open-market sales. Code F transactions represent shares withheld by TechnipFMC to pay tax liabilities on vesting equity awards, rather than discretionary buying or selling of shares in the market.