Rounce Justin 4

What Happened

• Justin Rounce, EVP & Chief Technology Officer of TechnipFMC plc, exercised stock options and sold shares on March 9, 2026. He exercised options that resulted in the acquisition of 39,108 shares at an exercise price of $16.47 (cost $644,109). On the same date he disposed of 172,276 shares in three open-market transactions, generating approximately $10,699,160 in proceeds (sales at weighted-average prices of $61.21, $62.09 and $63.12). The filing also reports a derivative disposition of 39,108 shares at $0.00, consistent with net/withholding mechanics related to the option exercise.

Key Details

• Transaction date: March 9, 2026; Form 4 filed March 11, 2026 (filed within the standard two-business-day window).
• Option exercise: 39,108 shares acquired at $16.47, total cost $644,109.
• Derivative entry: 39,108 shares reported disposed at $0.00 (reflects exercise/withholding mechanics).
• Open-market sales: 50,668 shares at a weighted avg $61.21 (proceeds $3,101,388); 75,850 shares at a weighted avg $62.09 (proceeds $4,709,527); 45,758 shares at a weighted avg $63.12 (proceeds $2,888,245). Total sold = 172,276 shares for ~$10,699,160.
• Footnotes: Transactions executed pursuant to a Rule 10b5‑1 trading plan adopted Dec 3, 2025 (F1). The reported sale prices are weighted averages with per-block price ranges provided in the filing (F2–F4). Exercise terms were adjusted previously under anti-dilution provisions related to the company’s 2021 spin-off (F5).
• Shares owned after the transactions: Not specified in the excerpt provided.

Context

• For option exercises: the filing shows both the acquisition of exercised shares and a matching derivative disposition at $0.00, which typically reflects withholding or net-share settlement tied to the exercise rather than an independent market sale. Separately, the open-market sales generated the cash proceeds reported above.
• These transactions were carried out under a pre-established 10b5‑1 plan, which often structures insider sales to avoid timing concerns; the filing does not state any late reporting.