TechnipFMC (FTI) SVP & CAO granted RSUs and performance units
Filing Impact
Filing Sentiment
Form Type
4
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
2 transactions reported
Mixed
2 txns
Insider
Light David
Role
SVP & Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 1,226 | $0.00 | -- |
| Grant/Award | Ordinary Shares | 5,138 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 8,755 shares (Direct)
Footnotes (1)
- 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. 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?
TechnipFMC reported that SVP & Chief Accounting Officer David Light received equity awards in ordinary-share-linked units. He was granted 1,226 restricted stock units and 5,138 performance stock units, both at no cash cost, as part of his compensation package.
What are the vesting terms of David Light’s restricted stock units at TechnipFMC (FTI)?
The 1,226 restricted stock units vest over three years in equal parts. One-third vests on each of the first, second, and third anniversaries of the grant date, provided David Light continues his employment on each applicable vesting date.
When do David Light’s performance stock units at TechnipFMC (FTI) vest?
David Light’s 5,138 performance stock units are scheduled to vest on February 21, 2026. Vesting will occur in ordinary shares and depends on TechnipFMC’s performance against defined performance criteria set for this award.
What position does David Light hold at TechnipFMC (FTI) in this Form 4?
David Light is identified as an officer of TechnipFMC serving as SVP & Chief Accounting Officer. The reported equity awards reflect part of his compensation in that executive role, aligning him with the company’s ordinary share performance.