dos Santos Iannone Valeria Augusta 4
Research Summary
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TechnipFMC (FTI) EVP Valeria dos Santos Iannone Receives Award
What Happened Valeria dos Santos Iannone, EVP, People & Culture at TechnipFMC plc (FTI), received two awards on February 16, 2026 totaling 8,761 stock units: 2,445 restricted stock units (RSUs) and 6,316 performance stock units (PSUs). Each award was granted at $0.00 (i.e., no cash purchase); these are compensation grants rather than open‑market purchases or sales. RSUs represent a contingent right to receive one ordinary share upon vesting; PSUs vest based on company performance.
Key Details
- Transaction date: 2026-02-16; Form 4 filed 2026-02-17 (filed next day).
- Grants: 2,445 RSUs (grant A) and 6,316 PSUs (grant A); acquisition price reported as $0.00.
- Vesting: RSUs vest one-third on each of the first, second and third anniversaries of the grant date (three‑year schedule). PSUs are scheduled to vest on February 21, 2026 subject to performance criteria.
- Shares owned after transaction: not disclosed in the provided filing.
- Transaction type/code: A = Award/Grant (compensation), not a purchase or sale.
Context RSU and PSU grants are common executive compensation/retention tools and do not represent an immediate cash investment or sale. RSUs convert to shares only as they vest; PSUs convert to shares only if performance conditions are met. Because these are awards, they should be interpreted as compensation decisions rather than direct insider buying or selling activity.