Rounce Justin 4
4 · TechnipFMC plc · Filed Feb 17, 2026
Research Summary
AI-generated summary of this filing
TechnipFMC (FTI) EVP Justin Rounce Receives Stock Award
What Happened
Justin Rounce, EVP & Chief Technology Officer of TechnipFMC (FTI), was granted a total of 199,132 stock units on February 16, 2026: 10,268 restricted stock units (RSUs) and 188,864 performance stock units (PSUs). Both awards were reported as acquisitions at $0.00 per unit (typical for RSU/PSU grants), meaning these are compensation awards rather than open-market purchases or sales.
Key Details
- Transaction date: 2026-02-16 (Form 4 filed 2026-02-17, which appears timely).
- Reported price: $0.00 per unit; total units granted = 199,132. Transaction code: A (award/grant).
- Shares owned after transaction: Not specified in the provided summary of the filing.
- Footnotes:
- F1: The 10,268 RSUs vest one-third on each anniversary over three years, subject to continued service.
- F2: The 188,864 PSUs are scheduled to vest on February 21, 2026, based on the issuer’s performance against specified criteria.
- Filing timeliness: Reported on 2/17/2026 for a 2/16/2026 grant—within typical Form 4 timing requirements.
Context
RSUs are contingent rights to receive shares as they vest; PSUs pay out in shares only if performance targets are met. These awards represent compensation and do not reflect an immediate market purchase or sale. For retail investors, outright purchases by insiders can be a clearer behavioral signal; grants like these reflect company compensation practices and potential future dilution if/when units vest and shares are issued.
Insider Transaction Report
- Award
Ordinary Shares
[F1]2026-02-16+10,268→ 150,475 total - Award
Ordinary Shares
[F2]2026-02-16+188,864→ 339,339 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.