TechnipFMC (FTI) President, Subsea Jonathan Landes Receives Awards

What Happened

• Jonathan Landes, President, Subsea at TechnipFMC (FTI), was granted equity awards on February 16, 2026. The filing shows two acquisitions: 9,534 restricted stock units (RSUs) and 137,400 performance stock units (PSUs), reported at $0.00 per unit (standard for awards). Total units granted: 146,934. No cash purchase or open‑market trade occurred.

Key Details

• Transaction date: 2026-02-16; Filing date (Form 4): 2026-02-17 (timely, next-day filing).
• Grant type(s): A (Award/Grant) — 9,534 RSUs and 137,400 PSUs; reported acquisition price $0.00.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnotes:
  • F1: RSUs vest one-third on each of the first, second and third anniversaries of the grant date, subject to continued service.
  • F2: PSUs are performance-based and are scheduled to vest on February 21, 2026, in the form of ordinary shares depending on company performance.
• No indication of 10b5-1 plan, tax withholding sale, or late filing in the provided data.

Context

• RSUs: represent a contingent right to receive ordinary shares upon vesting (service-based vesting here). PSUs: vest only if performance targets are met; payout can vary from zero to a multiple of the target award depending on performance.
• Grants at $0 are routine compensation awards and are not the same as open-market purchases (they do not necessarily signal the insider buying stock).