TechnipFMC (NYSE: FTI) CEO reports tax-withholding share dispositions
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TechnipFMC plc Chair and CEO Douglas J. Pferdehirt reported tax-related share dispositions. On February 23, 2026, 440,019 Ordinary Shares at $64.25 per share were withheld to cover taxes on vesting of restricted and performance stock units granted on February 21, 2023.
On February 20, 2026, 20,604 Ordinary Shares at $63.49 per share were also withheld for taxes on vesting of restricted stock units granted on February 20, 2024. After these tax-withholding dispositions, he directly held 3,160,497 Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Pferdehirt Douglas J.
Role
Chair and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 440,019 | $64.25 | $28.27M |
| Tax Withholding | Ordinary Shares | 20,604 | $63.49 | $1.31M |
Holdings After Transaction:
Ordinary Shares — 3,160,497 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 did TechnipFMC (FTI) disclose about Douglas J. Pferdehirt's recent Form 4 transactions?
TechnipFMC reported that Chair and CEO Douglas J. Pferdehirt had Ordinary Shares withheld to pay taxes on vesting equity awards. These were tax-withholding dispositions rather than open-market sales, reflecting routine settlement of tax liabilities linked to restricted and performance stock units.
What do the Form 4 tax-withholding dispositions at TechnipFMC (FTI) relate to?
The dispositions relate to equity compensation vesting. Shares on February 23, 2026 covered taxes from restricted and performance stock units granted February 21, 2023, while shares on February 20, 2026 covered taxes from restricted stock units granted February 20, 2024, according to the footnotes.