Duffe Luana 4
4 · TechnipFMC plc · Filed Feb 17, 2026
Research Summary
AI-generated summary of this filing
TechnipFMC (FTI) EVP Luana Duffe Receives Stock Awards
What Happened
Luana Duffe, Executive Vice President, New Energy at TechnipFMC (FTI), was granted a total of 59,875 equity awards on February 16, 2026: 3,667 restricted stock units (RSUs) and 56,208 performance stock units (PSUs). Both awards were reported as grants (transaction code A) with an acquisition price of $0.00, reflecting compensation awards rather than open-market purchases or sales.
Key Details
- Transaction date: 2026-02-16; filing date: 2026-02-17 (Form 4 filed the next day).
- Awards: 3,667 RSUs and 56,208 PSUs (total 59,875 units); reported price $0.00.
- Vesting/settlement: RSUs vest 1/3 on each of the first, second and third anniversaries of the grant (see footnote F1). PSUs are scheduled to vest on Feb 21, 2026 and will convert to Ordinary Shares based on company performance (see footnote F2).
- Shares owned after transaction: not specified in the provided excerpt.
- Transaction code: A = Award/Grant. Filing appears timely (reported the business day after the grant).
Context
RSUs are time-based awards giving a contingent right to receive shares if the executive remains employed through the vesting dates. PSUs depend on meeting specified performance metrics and may result in a different number of shares paid out depending on results; they are often used to align executive pay with company performance. These grants are compensation and do not represent an open-market bullish or bearish trade by the insider.
Insider Transaction Report
- Award
Ordinary Shares
[F1]2026-02-16+3,667→ 88,800 total - Award
Ordinary Shares
[F2]2026-02-16+56,208→ 145,008 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.