Pferdehirt Douglas J. 4
4 · TechnipFMC plc · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
TechnipFMC (FTI) CEO Douglas Pferdehirt Sells Shares
What Happened
Douglas J. Pferdehirt, Chair and CEO of TechnipFMC plc (FTI), sold a total of 733,424 shares in three open‑market transactions on March 9, 2026, for aggregate proceeds of about $45.65 million. The individual trades reported were:
- 167,263 shares at a weighted average price of $61.22 — $10,239,841
- 318,349 shares at a weighted average price of $62.10 — $19,769,473
- 247,812 shares at a weighted average price of $63.12 — $15,641,893
These were sales (not purchases) and were effected pursuant to a Rule 10b5‑1 trading plan adopted December 3, 2025.
Key Details
- Transaction date: March 9, 2026; Form 4 filed March 11, 2026 (filed within the typical two‑business‑day window).
- Reported weighted average prices and ranges:
- 167,263 shares: weighted avg $61.22; price range $60.65–$61.65 (per footnote F2)
- 318,349 shares: weighted avg $62.10; price range $61.65–$62.65 (per footnote F3)
- 247,812 shares: weighted avg $63.12; price range $62.66–$63.47 (per footnote F4)
The filing notes the reporting person can provide a full breakdown of shares sold at each separate price within those ranges upon request.
- Shares owned after transaction: not provided in the materials you supplied — see the full Form 4 for post‑transaction holdings.
- Notable footnote: F1 confirms the trades were made under a 10b5‑1 plan (pre‑arranged disposition), which typically schedules sales irrespective of subsequent company news.
Context
Sales by executives can be routine (tax planning, diversification, or scheduled 10b5‑1 dispositions) and do not by themselves indicate company outlook. The 10b5‑1 plan disclosure is important because it means these sales were pre‑planned and not necessarily a reaction to current nonpublic information. For investors wanting more detail, consult the full Form 4 (Accession No. 0001250840-26-000006) for exact post‑trade holdings and any additional disclosures.
Insider Transaction Report
- Sale
Ordinary Shares
[F1][F2]2026-03-09$61.22/sh−167,263$10,239,841→ 2,978,013 total - Sale
Ordinary Shares
[F1][F3]2026-03-09$62.10/sh−318,349$19,769,473→ 2,659,664 total - Sale
Ordinary Shares
[F1][F4]2026-03-09$63.12/sh−247,812$15,641,893→ 2,411,852 total
Footnotes (4)
- [F1]The transactions reported in this Form 4 were effected pursuant to a Rule 10b1-5 trading plan adopted by the Reported Person on December 3, 2025.
- [F2]This price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.65 to $61.65, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F3]This price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.65 to $62.65, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F4]This price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.66 to $63.47, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.