TechnipFMC (FTI) CTO reports tax-withholding share disposals from RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TechnipFMC plc executive Justin Rounce reported routine share dispositions tied to equity award vesting, rather than open-market selling. On February 23, 2026, he disposed of 79,731 Ordinary Shares at $64.25 per share through a tax-withholding transaction related to restricted stock units granted on February 20, 2024, leaving 255,542 shares owned directly after this transaction. On February 20, 2026, he disposed of an additional 4,066 Ordinary Shares at $63.49 per share for tax withholding on restricted and performance stock units granted on February 21, 2023, after which he directly owned 335,273 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Rounce Justin
Role
EVP & Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 79,731 | $64.25 | $5.12M |
| Tax Withholding | Ordinary Shares | 4,066 | $63.49 | $258K |
Holdings After Transaction:
Ordinary Shares — 255,542 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 transactions did TechnipFMC (FTI) report for Justin Rounce?
TechnipFMC’s EVP & Chief Technology Officer, Justin Rounce, reported two Form 4 transactions disposing of Ordinary Shares. Both were tax-withholding dispositions connected to the vesting of previously granted restricted and performance stock units, not open-market purchases or sales.
Were Justin Rounce’s TechnipFMC (FTI) transactions open-market sales?
No. Both transactions are coded “F”, described as payment of tax liability by delivering securities. Footnotes explain shares were withheld for taxes upon vesting of restricted and performance stock units, not discretionary open-market selling.
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 Form 4, it reflects Ordinary Shares withheld to cover taxes due on vesting of restricted and performance stock units granted in 2023 and 2024.