TechnipFMC CTO Earns Performance Stock Units & Withholds Shares for Taxes

Executive Summary

On October 29, 2026, TechnipFMC plc ($FTI) filed a Form 4 for Justin Rounce, EVP & Chief Technology Officer, reporting transactions related to the vesting of performance-based equity:

1. Performance Stock Unit (PSU) Vesting (Code A): On October 26, 2026, Mr. Rounce acquired 165,984 Ordinary Shares at $0 per share upon the vesting of PSUs under the Company's Value Creation Plan.
2. Tax Withholding (Code F): On October 27, 2026, 65,314 Ordinary Shares were withheld by the issuer to satisfy statutory tax obligations at a price of $71.38 per share, representing a total withheld value of approximately $4.66 million.

Following these transactions, Mr. Rounce holds 403,510 Ordinary Shares directly, reflecting a net increase of 100,670 shares.

Trading Significance

• Significance Level: Low
• Reasoning: These transactions represent routine equity compensation activity rather than discretionary open-market buying or selling. The acquisition was the result of pre-determined performance criteria being met, and the subsequent disposition was purely for tax withholding liabilities.