TechnipFMC (NYSE: FTI) executive reports tax-withheld share dispositions
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TechnipFMC plc President, EMS Thierry Conti reported two tax-related share dispositions tied to vesting of equity awards. On February 23, 2026, 23,728 Ordinary Shares were withheld at $64.25 per share to cover tax obligations on restricted stock units granted on February 20, 2024.
On February 20, 2026, an additional 1,435 Ordinary Shares were withheld at $63.49 per share for taxes on vesting of restricted and performance stock units granted on February 21, 2023. These are coded as “F” tax-withholding dispositions, reflecting shares withheld for tax payment rather than open-market sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Conti Thierry
Role
President, EMS
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 23,728 | $64.25 | $1.52M |
| Tax Withholding | Ordinary Shares | 1,435 | $63.49 | $91K |
Holdings After Transaction:
Ordinary Shares — 92,775 shares (Direct)
Footnotes (1)
- Represents Ordinary Shares withheld for payment of taxes on vesting of restricted stock units granted on February 20, 2024. Represents Ordinary Shares withheld for payment of taxes on vesting of restricted and performance stock units granted on February 21, 2023.
FAQ
What insider activity did TechnipFMC (FTI) disclose for Thierry Conti?
TechnipFMC reported that President, EMS Thierry Conti had Ordinary Shares withheld to cover taxes on vesting equity awards, with two Form 4 transactions coded as tax-withholding dispositions, rather than discretionary open-market share sales.
What does transaction code "F" mean in the TechnipFMC (FTI) Form 4?
Transaction code “F” indicates payment of exercise price or tax liability by delivering securities. In this case, shares were withheld by TechnipFMC to cover Conti’s tax obligations when his restricted and performance stock units vested.
Were the TechnipFMC (FTI) insider transactions open-market sales?
No. Both transactions are described as tax-withholding dispositions. The Ordinary Shares were withheld to pay taxes due upon vesting of restricted and performance stock units, not sold by the insider in open-market trades.
Which equity awards triggered the TechnipFMC (FTI) tax-withholding dispositions?
The Form 4 notes that one disposition relates to restricted stock units granted on February 20, 2024, and the other to restricted and performance stock units granted on February 21, 2023, both vesting and generating tax obligations.