Conti Thierry 4

What Happened

• Thierry Conti, President, EMS at TechnipFMC plc (FTI), had a total of 25,163 ordinary shares withheld to satisfy tax withholding on vested restricted/performance stock units. The transactions are reported as dispositions (tax withholding/sell-to-cover), not open-market sales initiated for investment reasons.
• Details: 1,435 shares were withheld on 2026-02-20 at $63.49 for ~$91,108, and 23,728 shares were withheld on 2026-02-23 at $64.25 for ~$1,524,524. Combined value of shares withheld ≈ $1,615,632.

Key Details

• Transaction dates and prices:
  • 2026-02-20: 1,435 shares @ $63.49 = $91,108 (footnote F1: withholding for RSUs granted 2/20/2024)
  • 2026-02-23: 23,728 shares @ $64.25 = $1,524,524 (footnote F2: withholding for RSUs/PSUs granted 2/21/2023)
• Shares owned after the transactions: Not specified in the provided filing summary.
• Filing: Form 4 filed 2026-02-24 (covers transactions on 2/20 and 2/23); filing appears to be timely under Section 16 reporting rules.
• Transaction code: F — tax withholding on vesting (share-for-tax payment), a routine disposition.

Context

• These were tax-withholding/share-retention actions tied to vesting of equity awards (sell-to-cover), not discretionary open-market sales or purchases; such transactions are common and typically do not signal a change in the insider’s view of the company.
• For retail investors: tax-withholding dispositions are routine administrative steps. Purchases are generally more informative as bullish signals; withheld shares primarily reflect compensation tax obligations.