TechnipFMC plc·4

Feb 24, 4:21 PM ET

Light David 4

Research Summary

AI-generated summary

Updated

TechnipFMC SVP David Light Sells 2,068 Shares to Cover Taxes

What Happened

  • David Light, Senior Vice President & Chief Accounting Officer of TechnipFMC (FTI), had 2,068 shares withheld to satisfy tax withholding obligations tied to vested equity awards. The dispositions totaled about $132,407 in proceeds (607 shares @ $63.49 on Feb 20, 2026; 1,461 shares @ $64.25 on Feb 23, 2026). These are not open-market sales motivated by trading decisions but routine withholding to cover taxes on vesting.

Key Details

  • Transactions:
    • 2026-02-20: 607 shares withheld @ $63.49 — $38,538 (Disposition code F)
    • 2026-02-23: 1,461 shares withheld @ $64.25 — $93,869 (Disposition code F)
  • Total shares withheld: 2,068; total proceeds: ~$132,407.
  • Footnotes: F1 = withholding for RSUs granted Feb 20, 2024; F2 = withholding for restricted & performance stock units granted Feb 21, 2023.
  • Filing: Form 4 filed Feb 24, 2026, reporting transactions on Feb 20 and Feb 23, 2026.
  • Shares owned after transaction: Not specified in the filing.

Context

  • Code F denotes shares withheld to cover tax liabilities on vesting of restricted or performance stock units. This is a routine administrative action and typically does not signal a change in an insider’s view of the company. Purchases or open-market sales tend to be more informative about insider sentiment.