Light David 4
4 · TechnipFMC plc · Filed Feb 17, 2026
Research Summary
AI-generated summary of this filing
TechnipFMC SVP David Light Receives Restricted & Performance Awards
What Happened David Light, SVP & Chief Accounting Officer of TechnipFMC plc (FTI), was granted equity awards on February 16, 2026: 1,226 restricted stock units (RSUs) and 5,138 performance stock units (PSUs). Both grants show an acquisition price of $0.00 (typical for awards), meaning these are compensation grants rather than open‑market purchases. Total units granted: 6,364.
Key Details
- Transaction date: 2026-02-16; Form 4 filed 2026-02-17.
- Awards: 1,226 RSUs (grant price $0.00) and 5,138 PSUs (grant price $0.00).
- Shares owned after the transaction: not specified in this filing.
- Footnote F1: RSUs vest 1/3 on each of the first, second and third anniversaries of the grant date, subject to continued service.
- Footnote F2: PSUs are scheduled to vest on February 21, 2026 and will convert to ordinary shares based on the issuer’s performance against specified criteria.
- No indication of tax withholding, 10b5-1 plan, or late filing in this report.
Context RSUs and PSUs are common forms of executive compensation; they represent contingent rights to receive shares in the future (RSUs based on service/time, PSUs based on performance metrics). These grants do not represent an open‑market purchase or sale and do not by themselves signal the insider’s intent to buy or sell shares. The economic value of the awards will depend on TechnipFMC’s share price at vesting (and, for PSUs, the achieved performance outcome).
Insider Transaction Report
- Award
Ordinary Shares
[F1]2026-02-16+1,226→ 8,755 total - Award
Ordinary Shares
[F2]2026-02-16+5,138→ 13,893 total
Footnotes (2)
- [F1]This grant of restricted stock units, each of which represents a contingent right to receive one Ordinary Share, is subject to a three-year vesting schedule whereby one-third (1/3) of the shares will vest on each of the first, second, and third anniversaries of the date of grant subject to the employee's continued service on the applicable vesting date.
- [F2]Represents an award of performance stock units, which is scheduled to vest on February 21, 2026, in the form of Ordinary Shares based upon the Issuer's performance against certain performance criteria.