TechnipFMC (NYSE: FTI) director granted 1,705 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TechnipFMC plc director Eric D. Mullins received an equity grant tied to 1,705 Ordinary Shares. The Form 4 shows an acquisition of 1,705 shares at a price of $0.00 per share, reflecting a compensation grant rather than an open-market purchase.
According to the footnote, this is a grant of restricted stock units, each representing a contingent right to receive one Ordinary Share, scheduled to vest on June 1, 2027. Following this grant, Mullins is reported as directly holding 1,705 shares associated with this award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mullins Eric D.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 1,705 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 1,705 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Equity award size: 1,705 shares
Grant price: $0.00 per share
Post-transaction holdings: 1,705 shares
+1 more
4 metrics
Equity award size
1,705 shares
Grant of shares/units reported on Form 4
Grant price
$0.00 per share
Compensation grant, not open-market purchase
Post-transaction holdings
1,705 shares
Direct holdings following the reported grant
Vesting date
June 1, 2027
Restricted stock units scheduled vesting date
Key Terms
restricted stock units, Ordinary Shares, contingent right, grant/award acquisition
4 terms
restricted stock units financial
"Grant of restricted stock units, each of which represents a contingent right to receive one Ordinary Share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"restricted stock units, each of which represents a contingent right to receive one Ordinary Share"
grant/award acquisition financial
"transaction_action: grant/award acquisition, coded as a grant, award, or other acquisition"
FAQ
What did TechnipFMC (FTI) director Eric D. Mullins report on this Form 4?
Eric D. Mullins reported receiving an equity grant tied to 1,705 Ordinary Shares. The grant is compensation-based, recorded at a price of $0.00 per share, and represents an award rather than an open-market stock purchase.
Is Eric D. Mullins buying TechnipFMC (FTI) stock on the open market in this Form 4?
No, this Form 4 reflects a grant of 1,705 share-linked units at $0.00 per share. The transaction is compensation-based, not an open-market purchase, and is coded as a grant or award acquisition under SEC rules.
What are the vesting terms of Eric D. Mullins’ restricted stock units in TechnipFMC (FTI)?
The restricted stock units granted to Mullins vest on June 1, 2027. Each unit represents a contingent right to receive one Ordinary Share, meaning the underlying shares are delivered only if the vesting conditions are met on that date.