TechnipFMC EVP reports tax-withholding share disposition
TechnipFMC plc executive Luana Duffe reported a tax-related share disposition.
Rhea-AI Filing Summary
TechnipFMC plc executive Luana Duffe reported a tax-related share disposition. On this Form 4, the EVP, New Energy had 672 Ordinary Shares withheld at $65.40 per share to cover taxes due on the vesting of restricted stock units granted on February 24, 2025.
After this tax-withholding disposition, Duffe directly holds 126,822 Ordinary Shares. This was not an open-market sale, but a share withholding by the company to satisfy tax obligations tied to equity compensation vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 672 shares
Exercise Price or Tax Liability
1 txn
Insider
Duffe Luana
Role
EVP, New Energy
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Ordinary Shares | 672 | $65.40 | $44K |
Holdings After Transaction:
Ordinary Shares — 126,822 shares (Direct)
Footnotes (1)
- F1. Represents Ordinary Shares withheld for payment of taxes on vesting of restricted stock units granted on February 24, 2025.
FAQ
What insider transaction did TechnipFMC (FTI) EVP Luana Duffe report?
Luana Duffe reported a tax-withholding disposition of shares. 672 Ordinary Shares were withheld to pay taxes due on restricted stock units vesting, rather than sold in the open market, according to the Form 4 filing.
What does transaction code “F” mean in Luana Duffe’s TechnipFMC (FTI) Form 4?
Transaction code “F” indicates payment of a tax liability or exercise price using securities. In this case, 672 TechnipFMC Ordinary Shares were withheld to pay taxes on the vesting of restricted stock units granted on February 24, 2025.
AI-generated analysis. How Rhea-AI works. Not financial advice.