TechnipFMC executive reports tax share withholding
TechnipFMC plc senior executive reports tax-related share withholding.
Rhea-AI Filing Summary
TechnipFMC plc senior executive reports tax-related share withholding. SVP & Chief Accounting Officer David Light had 198 Ordinary Shares disposed of on February 24, 2026 at a price of $65.40 per share. The shares were withheld to cover taxes on restricted stock units that vested on February 24, 2025, and he now directly owns 11,627 Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 198 shares
Exercise Price or Tax Liability
1 txn
Insider
Light David
Role
SVP & Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Ordinary Shares | 198 | $65.40 | $13K |
Holdings After Transaction:
Ordinary Shares — 11,627 shares (Direct)
Footnotes (1)
- F1. Represents Ordinary Shares withheld for payment of taxes on vesting of restricted stock units granted on February 24, 2025.
FAQ
What insider transaction did TechnipFMC (FTI) report for David Light?
TechnipFMC reported that SVP & Chief Accounting Officer David Light had 198 Ordinary Shares withheld on February 24, 2026 to pay taxes on vesting restricted stock units. This was a tax-withholding disposition, not an open-market purchase or sale.
Was the TechnipFMC (FTI) Form 4 transaction an open-market sale?
No, the Form 4 shows a tax-withholding disposition coded “F,” meaning shares were withheld to satisfy tax obligations on vested restricted stock units. It does not represent a discretionary open-market sale of TechnipFMC shares by David Light.
What does transaction code “F” mean in TechnipFMC (FTI) Form 4 filings?
Transaction code “F” indicates payment of an exercise price or tax liability by delivering or withholding securities. In this case, it shows TechnipFMC shares were withheld from David Light to satisfy tax obligations on vested restricted stock units rather than sold on the market.
AI-generated analysis. How Rhea-AI works. Not financial advice.