TechnipFMC (NYSE: FTI) director boosts stake to 8,070 shares
Rhea-AI Filing Summary
TechnipFMC plc (FTI) director Eric D. Mullins reported an open-market purchase of 6,365 Ordinary Shares on 2026-08-14 at a weighted average price of $78.55 per share, with individual trade prices ranging from $78.54 to $78.55, increasing his direct holdings to 8,070 shares. The filing indicates the transaction was not made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 6,365 shares
Net Buy
1 txn
Insider
Mullins Eric D.
Role
Director
Bought
6,365 shs ($500K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Ordinary Shares F1 | 6,365 | $78.55 | $500K |
Holdings After Transaction:
Ordinary Shares — 8,070 shares (Direct)
Footnotes (1)
- F1. This price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $78.54 to $78.55, 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.
Key Figures
Shares purchased: 6,365 shares
Weighted average purchase price: $78.55 per share
Trade price range: $78.54 to $78.55 per share
+1 more
4 metrics
Shares purchased
6,365 shares
Ordinary Shares acquired by Eric D. Mullins on 2026-08-14
Weighted average purchase price
$78.55 per share
Open-market purchase price for 6,365 Ordinary Shares
Trade price range
$78.54 to $78.55 per share
Range of prices for multiple transactions comprising the reported purchase
Shares owned after transaction
8,070 shares
Direct Ordinary Share holdings of Eric D. Mullins following the purchase
Key Terms
Ordinary Shares, weighted average price, Rule 10b5-1
3 terms
weighted average price financial
"The price reported is a <b>weighted average price</b> for multiple transactions."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Rule 10b5-1 regulatory
"The filing’s Rule <b>10b5-1</b> checkbox is not marked for this transaction."
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transaction did FTI director Eric D. Mullins report?
Eric D. Mullins reported buying 6,365 Ordinary Shares of TechnipFMC plc (FTI) on 2026-08-14. The shares were acquired in open-market transactions at a weighted average price of $78.55 per share, based on multiple trades within a narrow price range.
Was Eric D. Mullins’ TechnipFMC (FTI) trade under a Rule 10b5-1 plan?
The filing indicates the Rule 10b5-1 checkbox is not marked for Eric D. Mullins’ TechnipFMC (FTI) transaction. This suggests the 6,365-share open-market purchase on 2026-08-14 was not executed under a pre-arranged Rule 10b5-1 trading plan.
What type of security did Eric D. Mullins acquire in TechnipFMC (FTI)?
Eric D. Mullins acquired Ordinary Shares of TechnipFMC plc (FTI). The Form 4 reports a non-derivative transaction in which he purchased 6,365 Ordinary Shares in the open market, increasing his direct ownership position to 8,070 shares after the trade.
AI-generated analysis. How Rhea-AI works. Not financial advice.