TechnipFMC (FTI) insider uses 2,366 shares to cover tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TechnipFMC plc executive Jonathan Landes reported a tax-related share disposition. On the transaction date, 2,366 Ordinary Shares were withheld to pay taxes due on the vesting of restricted stock units granted on February 24, 2025. This was recorded as a tax-withholding disposition, not an open-market sale. After the withholding, Landes directly owned 169,360 Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Landes Jonathan
Role
President, Subsea
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 2,366 | $65.40 | $155K |
Holdings After Transaction:
Ordinary Shares — 169,360 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did TechnipFMC (FTI) executive Jonathan Landes report?
Jonathan Landes reported a tax-withholding disposition of 2,366 TechnipFMC Ordinary Shares. The shares were withheld to cover taxes due upon vesting of restricted stock units granted on February 24, 2025, rather than sold on the open market.
What does the transaction code “F” mean in the TechnipFMC (FTI) Form 4?
Transaction code “F” indicates payment of an exercise price or tax liability by delivering or withholding securities. In this case, 2,366 TechnipFMC Ordinary Shares were withheld to satisfy taxes due when restricted stock units granted on February 24, 2025 vested.
What role does Jonathan Landes hold at TechnipFMC (FTI)?
Jonathan Landes is identified as President, Subsea at TechnipFMC. His Form 4 filing reflects a routine administrative tax-withholding related to equity compensation, rather than a discretionary open-market purchase or sale of company shares.