TechnipFMC plc·4

Feb 17, 7:31 PM ET

Pferdehirt Douglas J. 4

4 · TechnipFMC plc · Filed Feb 17, 2026

Research Summary

AI-generated summary of this filing

Updated

TechnipFMC CEO Douglas Pferdehirt Receives RSU & PSU Awards

What Happened

  • Douglas J. Pferdehirt, Chair and Chief Executive Officer of TechnipFMC plc (FTI), was granted a total of 1,103,692 equity awards on 2026-02-16: 61,408 restricted stock units (RSUs) and 1,042,284 performance stock units (PSUs). Each award was reported at $0.00 (award/grant), so the filing shows $0 cash consideration for the grants. These are not open-market purchases or sales but compensation awards.

Key Details

  • Transaction date: 2026-02-16; Filing date/accession: 2026-02-17.
  • Transaction type/code: A = Award/Grant (restricted stock units and performance stock units).
  • Shares granted: 61,408 RSUs and 1,042,284 PSUs (total 1,103,692).
  • Price/value: $0.00 per share at grant (standard for equity awards; value realized depends on future share price and vesting).
  • Shares owned after transaction: Not disclosed in the provided filing.
  • Footnotes: F1 = RSUs vest 1/3 on each of the first, second and third anniversaries of the grant date, subject to continued service. F2 = PSUs are performance-based and are scheduled to vest on Feb 21, 2026 based on the company's achievement of specified performance criteria.
  • Filing timeliness: Reported the day after the transaction (filed 2026-02-17 for a 2026-02-16 grant); no late-filing flag indicated.

Context

  • RSUs: represent a contingent right to receive ordinary shares if the service/vesting conditions are met (time-based vesting over three years here). PSUs: vest only if performance targets are met; their eventual payout can range from 0% to above target depending on outcomes.
  • These awards are compensation-related grants rather than purchases or sales and therefore do not directly signal insider buying or selling of existing shares. They increase potential future share issuance to the insider if/when vesting and payout conditions are met.

Insider Transaction Report

Form 4
Period: 2026-02-16
Pferdehirt Douglas J.
DirectorChair and CEO
Transactions
  • Award

    Ordinary Shares

    [F1]
    2026-02-16+61,4082,578,836 total
  • Award

    Ordinary Shares

    [F2]
    2026-02-16+1,042,2843,621,120 total
Footnotes (2)
  • [F1]This grant of restricted stock units, each of which represents a contingent right to receive one Ordinary Share, is subject to a three-year vesting schedule whereby one-third (1/3) of the shares will vest on each of the first, second, and third anniversaries of the date of grant subject to the employee's continued service on the applicable vesting date.
  • [F2]Represents an award of performance stock units, which is scheduled to vest on February 21, 2026, in the form of Ordinary Shares based upon the Issuer's performance against certain performance criteria.
Signature
/s/ Lisa P. Wang, Attorney-In-Fact|2026-02-17

Documents

1 file
  • 4
    wk-form4_1771374700.xmlPrimary

    FORM 4