TechnipFMC (FTI) President Alfredo Sanchez Mogollon Withholds Shares for Taxes

What Happened

• Alfredo Sanchez Mogollon, President, Surface at TechnipFMC (FTI), had shares withheld to satisfy tax withholding obligations on vested equity awards. Two withholding transactions occurred: 500 shares withheld on 2026-02-20 at $63.49 each ($31,745) and 1,337 shares withheld on 2026-02-23 at $64.25 each ($85,902). Total withheld: 1,837 shares for approximately $117,647.
• These transactions are disposals via tax withholding (routine), not open-market sales or purchases.

Key Details

• Transaction dates and prices:
  • 2026-02-20: 500 shares withheld @ $63.49 = $31,745 (footnote F1)
  • 2026-02-23: 1,337 shares withheld @ $64.25 = $85,902 (footnote F2)
• Total shares withheld: 1,837; total value: ~$117,647.
• Shares owned after transaction: Not disclosed in the Form 4 filing.
• Footnotes:
  • F1: Withheld shares represent taxes on vesting of restricted stock units granted 2024-02-20.
  • F2: Withheld shares represent taxes on vesting of restricted and performance stock units granted 2023-02-21.
• Transaction code: F = tax withholding. Filing date: 2026-02-24; filed within the normal two-business-day window (no late filing reported).

Context

• Withholding shares to cover taxes is a common, administrative event when RSUs/PSUs vest; it is a routine disposal and does not necessarily signal management sentiment about the stock.
• These were not open-market sales or option exercises for cash — they reflect tax payment on vested awards.