|4Feb 17, 7:35 PM ET

Conti Thierry 4

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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.