Tax withholding on 15,221 TechnipFMC (FTI) shares for CEO Pferdehirt
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TechnipFMC plc Chair and CEO Douglas J. Pferdehirt reported a tax-related share disposition. On the vesting of restricted stock units granted on February 24, 2025, 15,221 Ordinary Shares were withheld at a price of $65.40 per share to cover tax obligations. After this withholding transaction, he directly owned 3,145,276 Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pferdehirt Douglas J.
Role
Chair and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 15,221 | $65.40 | $995K |
Holdings After Transaction:
Ordinary Shares — 3,145,276 shares (Direct)
Footnotes (1)
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FAQ
What did TechnipFMC (FTI) CEO Douglas J. Pferdehirt report in this Form 4?
Douglas J. Pferdehirt reported a tax-withholding disposition of 15,221 TechnipFMC Ordinary Shares. The shares were withheld to pay taxes due upon vesting of restricted stock units granted on February 24, 2025, rather than sold in an open-market transaction.
Was the TechnipFMC (FTI) insider transaction an open-market sale?
No, the transaction was not an open-market sale. It was coded as “F,” meaning shares were withheld to pay taxes upon vesting of restricted stock units. The shares were used for tax payment, not sold voluntarily on the open market.
What does transaction code “F” mean in the TechnipFMC (FTI) Form 4?
Transaction code “F” indicates payment of an exercise price or tax liability by delivering securities. In this case, 15,221 TechnipFMC Ordinary Shares were withheld to cover taxes due when restricted stock units vested from a February 24, 2025 grant.
What type of security was involved in this TechnipFMC (FTI) insider transaction?
The transaction involved TechnipFMC Ordinary Shares related to the vesting of restricted stock units. When these units vested, 15,221 shares were withheld at $65.40 per share to satisfy tax obligations, and the remaining vested value was retained by the insider.