TechnipFMC (FTI) CFO has shares withheld to cover RSU tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TechnipFMC plc EVP & Chief Financial Officer Alf Melin reported a tax-related share disposition. On February 24, 3,008 Ordinary Shares were withheld to cover taxes upon vesting of restricted stock units granted on February 24, 2025. Melin now directly holds 366,258 Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Melin Alf
Role
EVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 3,008 | $65.40 | $197K |
Holdings After Transaction:
Ordinary Shares — 366,258 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did TechnipFMC (FTI) CFO Alf Melin report?
Alf Melin reported a tax-related disposition of 3,008 TechnipFMC Ordinary Shares. The shares were withheld to satisfy tax obligations arising from the vesting of previously granted restricted stock units, not from an open-market sale or purchase.
Was the TechnipFMC (FTI) CFO’s Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. Shares were withheld to pay taxes on the vesting of restricted stock units, classified as a tax-withholding disposition under transaction code F, rather than a discretionary sale of shares in the market.
What does transaction code F mean in the TechnipFMC (FTI) CFO’s Form 4?
Transaction code F indicates shares used for payment of an exercise price or tax liability. In this case, 3,008 TechnipFMC Ordinary Shares were withheld specifically to cover taxes on the vesting of restricted stock units granted on February 24, 2025.