Rounce Justin 4

What Happened
Justin Rounce, Executive Vice President & Chief Technology Officer of TechnipFMC (FTI), had 83,797 ordinary shares withheld to satisfy tax withholding on vested equity awards. The filing shows 4,066 shares withheld on 2026-02-20 at $63.49 ($258,150) and 79,731 shares withheld on 2026-02-23 at $64.25 ($5,122,717), a combined value of approximately $5.38 million. These were tax-withholding dispositions (code F), not open-market sales.

Key Details

• Transaction dates and prices:
  • 2026-02-20: 4,066 shares withheld @ $63.49 = $258,150 (F)
  • 2026-02-23: 79,731 shares withheld @ $64.25 = $5,122,717 (F)
• Total shares withheld: 83,797; total value ≈ $5,380,867.
• Shares owned after the transactions: Not specified in the filing.
• Footnotes: F1 = shares withheld for taxes on RSUs granted 2024-02-20; F2 = shares withheld for taxes on restricted and performance stock units granted 2023-02-21.
• Filing: Form 4 was filed 2026-02-24. The 2026-02-20 withholding appears to have been reported several days later than that transaction (may be late relative to the typical two-business-day Form 4 deadline); the 2026-02-23 withholding was reported the next day.

Context

• These disposals are routine tax-withholding actions when restricted stock units (RSUs) or performance stock units (PSUs) vest and do not represent an open-market sale by the insider. Such transactions are recorded with code F (tax withholding).
• Tax-withholdings are common and generally do not signal the insider’s view on the company’s outlook in the same way an outright purchase or sale might.