TechnipFMC officer granted stock and performance units
Light David reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Light David reported acquisition or exercise transactions in this Form 4 filing.
TechnipFMC plc reported that its SVP & Chief Accounting Officer, David Light, received equity awards in the form of ordinary-share-based units. On the reported date, he was granted 1,226 restricted stock units, each convertible into one ordinary share, which vest in three equal installments on the first, second, and third anniversaries of the grant, subject to continued employment. He also received 5,138 performance stock units that are scheduled to vest on February 21, 2026, in ordinary shares, based on the company’s performance against specified criteria.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 1,226 | $0.00 | $0.00 |
| Grant/Award | Ordinary Shares | 5,138 | $0.00 | $0.00 |
Footnotes (2)
- F1. This grant of restricted stock units, each of which represents a contingent right to receive one Ordinary Share, is subject to a three-year vesting schedule whereby one-third (1/3) of the shares will vest on each of the first, second, and third anniversaries of the date of grant subject to the employee's continued service on the applicable vesting date.
- F2. Represents an award of performance stock units, which is scheduled to vest on February 21, 2026, in the form of Ordinary Shares based upon the Issuer's performance against certain performance criteria.
FAQ
What insider transaction did TechnipFMC (FTI) report for David Light?
What are the vesting terms of David Light’s restricted stock units at TechnipFMC (FTI)?
When do David Light’s performance stock units at TechnipFMC (FTI) vest?
What position does David Light hold at TechnipFMC (FTI) in this Form 4?
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