TechnipFMC CEO earns 893,760 performance shares
The award depended on predetermined performance criteria, while the following day's share withholding covered taxes on the earned units.
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Rhea-AI Filing Summary
TechnipFMC plc (FTI) reported that Chair and CEO Douglas J. Pferdehirt received an award of 893,760 performance stock units on October 26, 2026. The units became earned and vested based on the company's achievement of predetermined performance criteria and are to be settled in ordinary shares. On October 27, 2026, 351,694 ordinary shares were withheld for taxes on those units.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares F2 | 351,694 | $71.38 | $25.10M |
| Grant/Award | Ordinary Shares F1 | 893,760 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents an award of performance stock units under the Company's Value Creation Plan that became earned and vested based upon the Issuer's achievement of pre-determined performance criteria. The performance stock units will be settled in the form of Ordinary Shares.
- F2. Represents Ordinary Shares withheld for payment of taxes on performance stock units under the Company's Value Creation Plan that were earned and vested on October 26, 2026.
Key Figures
Key Terms
performance stock units financial
Value Creation Plan financial
taxes financial
FAQ
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How many performance stock units did TechnipFMC (FTI) award its Chair and CEO?
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