Melin Alf 4
4 · TechnipFMC plc · Filed Feb 17, 2026
Research Summary
AI-generated summary of this filing
TechnipFMC (FTI) CFO Melin Alf Receives Award of 221,218 Units
What Happened
Melin Alf, Chief Financial Officer of TechnipFMC plc (FTI), received grants on February 16, 2026 totaling 221,218 equity units: 11,368 restricted stock units (RSUs) and 209,850 performance stock units (PSUs). Both grants were reported as acquisition-type transactions (code A) at $0.00 per unit (no cash paid at grant). These are awards, not open-market purchases or sales.
Key Details
- Transaction date: 2026-02-16 (Form 4 filed 2026-02-17).
- Grants: 11,368 RSUs (F1) and 209,850 PSUs (F2); total = 221,218 units.
- Price: $0.00 per unit at grant (standard for equity awards); no cash exchanged.
- Vesting / conversion:
- F1 (RSUs): each RSU converts to one ordinary share subject to a three‑year service-based vesting schedule — one‑third vests on each of the first, second and third anniversaries of the grant, contingent on continued service.
- F2 (PSUs): performance stock units scheduled to vest on Feb 21, 2026 in the form of ordinary shares, contingent on the issuer’s performance against specified criteria.
- Shares owned after transaction: not disclosed in this Form 4.
- Timeliness: Filing appears timely (reporting the Feb 16 grant on Feb 17).
Context
These are standard equity compensation awards meant to align executive pay with company performance and retention. RSUs vest over time based on continued employment; PSUs vest based on performance metrics and may convert to shares only if performance targets are met. Awards do not represent an immediate sale or purchase in the open market and do not necessarily signal insider buying or selling intent.
Insider Transaction Report
- Award
Ordinary Shares
[F1]2026-02-16+11,368→ 252,508 total - Award
Ordinary Shares
[F2]2026-02-16+209,850→ 462,358 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.