Duffe Luana 4

What Happened

• Luana Duffe, Executive Vice President, New Energy at TechnipFMC, had a total of 17,514 ordinary shares withheld to satisfy tax obligations arising from vesting of restricted and performance stock units. The filing shows 931 shares withheld on 2026-02-20 at $63.49 ($59,109) and 16,583 shares withheld on 2026-02-23 at $64.25 ($1,065,458), for a combined value of $1,124,567. These are tax-withholding dispositions (code F), not open-market sales.

Key Details

• Transaction dates and prices:
  • 2026-02-20: 931 shares @ $63.49 = $59,109 (withheld for taxes)
  • 2026-02-23: 16,583 shares @ $64.25 = $1,065,458 (withheld for taxes)
• Total shares withheld: 17,514; total value: $1,124,567 (~$1.125M).
• Shares owned after transaction: not specified in the provided excerpt of the Form 4.
• Footnotes:
  • F1: Shares withheld for taxes on RSUs granted 2024-02-20.
  • F2: Shares withheld for taxes on restricted and performance stock units granted 2023-02-21.
• Filing timeliness: Form filed 2026-02-24 for transactions on 2026-02-20 and 02-23; filing appears timely under the standard two-business-day rule.

Context

• This was a routine tax-withholding event associated with the vesting of equity awards (RSUs/PSUs). The shares were withheld to cover tax liabilities (SEC code F), which is common and does not represent an open-market sale or a directional buy/sell decision by the insider.
• For retail investors, such withholding transactions are administrative and generally less informative about an insider’s view of the company than voluntary open-market purchases or sales.