TechnipFMC (FTI) subsea president reports tax-withholding share disposals
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TechnipFMC plc executive Jonathan Landes, President, Subsea, reported automatic share dispositions related to taxes on recently vested stock awards. The Form 4 shows 58,005 Ordinary Shares were withheld on February 23, 2026 and 3,334 Ordinary Shares were withheld on February 20, 2026.
Both transactions are coded as “F”, meaning the shares were withheld to pay tax liabilities on the vesting of previously granted restricted and performance stock units, rather than being sold in open-market transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Landes Jonathan
Role
President, Subsea
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 58,005 | $64.25 | $3.73M |
| Tax Withholding | Ordinary Shares | 3,334 | $63.49 | $212K |
Holdings After Transaction:
Ordinary Shares — 171,726 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 does the TechnipFMC (FTI) Form 4 for Jonathan Landes report?
The Form 4 reports tax-related share withholdings by TechnipFMC executive Jonathan Landes. Ordinary Shares were withheld to cover tax liabilities triggered when previously granted restricted and performance stock units vested, rather than being executed as open-market sales of company stock.
Were the TechnipFMC (FTI) insider transactions open-market sales?
No, the transactions were tax-withholding dispositions coded as “F”, described as payment of tax liability by delivering securities. The footnotes explain the Ordinary Shares were withheld upon vesting of restricted and performance stock units, not sold in open-market trades.