TechnipFMC Director Oevrum Margareth Receives RSU Award

What Happened

• Oevrum Margareth, a director of TechnipFMC plc (FTI), was granted 3,259 restricted stock units (an award) on 2026-02-16. The Form 4 records a $0.00 per-share acquisition price because this was a grant of RSUs rather than a market purchase. The RSUs are a contingent right to receive one ordinary share per unit upon vesting.

Key Details

• Transaction date: 2026-02-16; Form 4 filed: 2026-02-17 (filed the day after the grant).
• Transaction type/code: Award/Grant (A); reported acquisition amount: 3,259 RSUs at $0.00.
• Vesting: Footnote F1 states the RSUs will vest on February 16, 2027.
• Shares owned after transaction: Not disclosed in the filing.
• Other notes: No 10b5-1 plan, tax-withholding, or late-filing flag shown in the filing.

Context

• RSUs are not immediate share ownership; they convert to ordinary shares only if vesting conditions are met (here, vesting date is 2027-02-16). Because this is a grant (not an open-market purchase or sale), it’s a compensation award and should not be read as an explicit buy/sell signal. The economic value to the insider will depend on TechnipFMC’s share price at vesting.