Light David 4
Research Summary
AI-generated summary
TechnipFMC (FTI) SVP & Chief Accounting Officer David Light Sells 6,622 Shares
What Happened
David Light, SVP & Chief Accounting Officer of TechnipFMC (FTI), reported a sale of 6,622 shares on 2026-03-09. The shares were disposed at $62.43 per share for a total value of approximately $413,411. The filing lists the trade as an open-market or private sale.
Key Details
- Transaction date and price: 2026-03-09 at $62.43 per share (6,622 shares; ~$413,411 total)
- Filing date: Form 4 filed 2026-03-11 (appears timely — within the two-business-day filing window)
- Shares owned after transaction: Not specified in the provided excerpt; see the full Form 4 for exact post-transaction holdings
- Footnote: Transaction was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 3, 2025 (prearranged plan)
Context
A Rule 10b5-1 plan typically means the trade was preplanned and executed under a scheduled trading program, which can limit the inference that the sale reflects the insider’s current view of the company. Sales are common and often routine; purchases generally carry more weight as signals of insider confidence.