TechnipFMC executive granted new stock unit awards
Sanchez Mogollon Alfredo Eduardo reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Sanchez Mogollon Alfredo Eduardo reported acquisition or exercise transactions in this Form 4 filing.
TechnipFMC plc executive Alfredo Eduardo Sanchez Mogollon received new equity awards in the form of stock units. On the reported date, he was granted 2,445 restricted stock units and 1,976 performance stock units, each representing a contingent right to receive one ordinary share at no cash cost.
The restricted stock units vest over three years, with one-third of the shares vesting on each of the first, second, and third anniversaries of the grant date, subject to continued employment. The performance stock units are scheduled to vest on February 21, 2026 in ordinary shares, based on TechnipFMC’s performance against specified performance criteria.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 2,445 | $0.00 | $0.00 |
| Grant/Award | Ordinary Shares | 1,976 | $0.00 | $0.00 |
Footnotes (2)
- F1. This grant of restricted stock units, each of which represents a contingent right to receive one Ordinary Share, is subject to a three-year vesting schedule whereby one-third (1/3) of the shares will vest on each of the first, second, and third anniversaries of the date of grant subject to the employee's continued service on the applicable vesting date.
- F2. Represents an award of performance stock units, which is scheduled to vest on February 21, 2026, in the form of Ordinary Shares based upon the Issuer's performance against certain performance criteria.
FAQ
What did TechnipFMC (FTI) executive Alfredo Sanchez Mogollon report in this Form 4?
How many TechnipFMC (FTI) restricted stock units were granted to Alfredo Sanchez Mogollon?
What are the terms of the performance stock units granted to the TechnipFMC (FTI) executive?
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