TechnipFMC CTO has 118,843 shares withheld for tax
Rhea-AI Filing Summary
TechnipFMC plc (FTI) reported that executive officer Justin Rounce, EVP & Chief Technology Officer, had 118,843 Ordinary Shares withheld on August 25, 2026 to pay taxes due on performance stock units that were earned and vested on July 27, 2026 under the company’s Value Creation Plan. After this tax-withholding transaction, he beneficially holds 302,840 Ordinary Shares directly.
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 118,843 shares
Net Sell
1 txn
Insider
Rounce Justin
Role
EVP & Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares F1 | 118,843 | $75.20 | $8.94M |
Holdings After Transaction:
Ordinary Shares — 302,840 shares (Direct)
Footnotes (1)
- F1. Represents Ordinary Shares withheld for payment of taxes on performance stock units under the Company's Value Creation Plan that were earned and vested on July 27, 2026.
Key Figures
Shares withheld for taxes: 118,843 Ordinary Shares
Transaction price per share: $75.20 per share
Shares owned after transaction: 302,840 Ordinary Shares
3 metrics
Shares withheld for taxes
118,843 Ordinary Shares
Code F transaction on August 25, 2026 to pay tax liability
Transaction price per share
$75.20 per share
Applied to the 118,843 Ordinary Shares withheld for taxes
Shares owned after transaction
302,840 Ordinary Shares
Directly held by Justin Rounce following the August 25, 2026 transaction
Key Terms
performance stock units, Value Creation Plan, withheld for payment of taxes
3 terms
performance stock units financial
"payment of taxes on performance stock units under the Company's Value Creation Plan"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
Value Creation Plan financial
"performance stock units under the Company's Value Creation Plan that were earned"
withheld for payment of taxes financial
"Represents Ordinary Shares withheld for payment of taxes on performance"
FAQ
What insider transaction did FTI executive Justin Rounce report on this Form 4?
He reported a withholding of 118,843 Ordinary Shares on August 25, 2026, used to pay taxes on vested performance stock units under TechnipFMC’s Value Creation Plan. This was coded as a tax-liability transaction, not an open-market sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.