Mullins Eric D. 4
4 · TechnipFMC plc · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
TechnipFMC Director Eric Mullins Receives 1,705 RSUs
What Happened
Eric D. Mullins, a director of TechnipFMC plc (FTI), received an award of 1,705 restricted stock units (RSUs) on June 1, 2026. The Form 4 reports the grant as an "A" (award/acquisition) at $0.00 per unit — i.e., no cash was paid. Each RSU represents a contingent right to receive one ordinary share upon vesting.
Key Details
- Transaction date: 2026-06-01 (reported on Form 4 filed 2026-06-02). Filing appears timely (within the SEC two-business-day window).
- Transaction type/code: Grant/Award (A). Price shown: $0.00 (typical for RSU awards).
- Shares/units granted: 1,705 RSUs. Total cash paid: $0 (compensation award).
- Vesting: Footnote indicates the RSUs will vest on June 1, 2027.
- Shares owned after transaction: Not specified in the provided filing summary.
- Footnote: F1 — each RSU is a contingent right to one ordinary share, vesting 6/1/2027.
Context
RSU grants are a common form of compensation for executives and directors and do not represent an open‑market purchase or sale. Because these are time‑vested awards, they do not indicate an immediate change in market exposure until they vest and are settled (or sold). No implication about Mullins's personal trading intent should be inferred from the grant itself.
Insider Transaction Report
- Award
Ordinary Shares
[F1]2026-06-01+1,705→ 1,705 total
Footnotes (1)
- [F1]Grant of restricted stock units, each of which represents a contingent right to receive one Ordinary Share, that will vest June 1, 2027.