TechnipFMC (FTI) President Thierry Conti Receives Award

What Happened

• Thierry Conti, President, Energy Management Solutions (EMS) at TechnipFMC plc (FTI), was granted a total of 61,586 share-based awards on February 16, 2026. The grants consist of 5,378 restricted stock units (RSUs) and 56,208 performance stock units (PSUs). The Form 4 reports an acquisition price of $0.00 for these awards (standard for grant reporting).

Key Details

• Transaction date: February 16, 2026; Filing date: February 17, 2026 (filed next business day).
• Awards: 5,378 RSUs (time-based) + 56,208 PSUs (performance-based) = 61,586 total.
• Reported price/value: $0.00 per share in the Form 4 (grant reporting convention).
• Vesting notes:
  • RSUs (F1): Vest one-third on each of the first, second, and third anniversaries of the grant date, subject to continued service.
  • PSUs (F2): Scheduled to vest on February 21, 2026, based on the company’s performance against specified criteria.
• Shares owned after the transaction: Not specified in the provided filing details.
• No tax withholding, sale, or cashless exercise is reported in this filing.

Context

• These are grants (award code A) as part of compensation — not open-market purchases or sales — and are common for executives. RSUs convey a contingent right to receive ordinary shares upon vesting; PSUs convert to shares only if performance targets are met. The quick filing (next day) indicates timely reporting.