TechnipFMC exec reports tax-related share withholdings
TechnipFMC plc executive Jonathan Landes, President, Subsea, reported automatic share dispositions related to taxes on recently vested stock awards.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Ordinary Shares | 58,005 | $64.25 | $3.73M |
| Exercise Price or Tax Liability | Ordinary Shares | 3,334 | $63.49 | $212K |
Footnotes (2)
- F1. Represents Ordinary Shares withheld for payment of taxes on vesting of restricted stock units granted on February 20, 2024.
- F2. Represents Ordinary Shares withheld for payment of taxes on vesting of restricted and performance stock units granted on February 21, 2023.
FAQ
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What does the TechnipFMC (FTI) Form 4 for Jonathan Landes report?
Were the TechnipFMC (FTI) insider transactions open-market sales?
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