Aalders Cristina 4

What Happened

• Cristina Aalders, Executive VP, Chief Legal Officer & Secretary of TechnipFMC (FTI), had a total of 4,023 ordinary shares withheld/sold to satisfy tax obligations on vested equity awards. The filings report:
  • 1,166 shares withheld on 2026-02-20 at $63.49 each, proceeds $74,029.
  • 2,857 shares withheld on 2026-02-23 at $64.25 each, proceeds $183,562.
• These transactions are tax-withholding dispositions (code F in Form 4) rather than open-market sales to take a position; they are routine when restricted or performance shares vest.

Key Details

• Transaction dates and prices:
  • 2026-02-20: 1,166 shares @ $63.49 (proceeds $74,029) — withholding for taxes (F1).
  • 2026-02-23: 2,857 shares @ $64.25 (proceeds $183,562) — withholding for taxes (F2).
• Total shares withheld/sold: 4,023; total proceeds ≈ $257,591.
• Footnotes:
  • F1: Shares withheld to pay taxes on RSUs granted Feb 20, 2024 (applies to the 2/20 withholding).
  • F2: Shares withheld to pay taxes on restricted and performance stock units granted Feb 21, 2023 (applies to the 2/23 withholding).
• Shares owned after transaction: not reported in the provided summary.
• Filing timeliness: the 2/23 transaction was filed promptly (Form 4 dated 2026-02-24), while the 2/20 withholding was reported four days after the transaction date and thus appears late relative to the typical two-business-day Form 4 filing requirement.

Context

• These were tax-withholding dispositions (cashless retention/sale) tied to the vesting of RSUs/PSUs, not discretionary open-market sales. Such withholdings are routine and intended to satisfy tax obligations rather than signal a change in insider conviction.
• No options were exercised in a separate cash-exercise/sale; instead shares were simply withheld/removed from the insider’s award to cover taxes.