Melin Alf 4
Research Summary
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TechnipFMC (FTI) CFO Melin Alf Withholds ~93,092 Shares for Taxes (~$6M)
What Happened Melin Alf, Chief Financial Officer of TechnipFMC plc, had a total of 93,092 ordinary shares withheld (reported as dispositions) to cover tax obligations on vested equity awards. The filings show 4,501 shares withheld on Feb 20, 2026 at $63.49 each ($285,768) and 88,591 shares withheld on Feb 23, 2026 at $64.25 each ($5,691,972), for a combined value of approximately $5,977,740. These were tax withholdings related to vesting of restricted and performance stock units, not open-market sales.
Key Details
- Transaction dates and prices:
- 2026-02-20: 4,501 shares @ $63.49 = $285,768 (withheld)
- 2026-02-23: 88,591 shares @ $64.25 = $5,691,972 (withheld)
- Total shares withheld: 93,092; total value ≈ $5,977,740.
- Shares owned after the transactions: not specified in the provided filing.
- Footnotes:
- F1: Withholding for taxes on RSUs granted Feb 20, 2024.
- F2: Withholding for taxes on restricted and performance stock units granted Feb 21, 2023.
- Form filed: Feb 24, 2026 (Accession 0001841749-26-000004). No late-filing flag noted in the information provided.
Context This is a routine tax-withholding event tied to the vesting of equity awards—shares are withheld by the company to satisfy required taxes. Such withholdings are typically administrative and do not necessarily signal the insider is selling shares on the open market or indicating a view on the company’s prospects.