TechnipFMC CFO Alf Melin Vests Performance Stock Units and Withholds Shares for Taxes
TechnipFMC plc
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Filing Summary
š Form 4 Filing: TechnipFMC plc ($FTI) Insider: Melin Alf (EVP & Chief Financial Officer) Transaction Date: October 26ā27, 2026
ā¢ Acquired (Code A): 165,984 Ordinary Shares at $0.00 (Performance Stock Units earned/vested) ā¢ Disposed (Code F - Tax Withholding): 65,314 Ordinary Shares at $71.38 ($4,662,113.32) ā¢ Net Shares Added: 100,670 shares ā¢ Direct Ownership After: 522,126 shares
Significance: Low (Routine PSU vesting and tax withholding)
Comprehensive Analysis
Executive Summary
On October 29, 2026, TechnipFMC plc ($FTI) filed a Form 4 report on behalf of Executive Vice President & Chief Financial Officer Alf Melin. The filing details the vesting of performance stock units (PSUs) and subsequent share withholding to satisfy tax obligations.
Transaction Breakdown
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Performance Unit Vesting (October 26, 2026):
- Shares Acquired: 165,984 Ordinary Shares
- Price: $0.00
- Details: Represents performance stock units under the Company's Value Creation Plan that vested following the achievement of pre-determined performance criteria.
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Tax Withholding (October 27, 2026):
- Shares Disposed: 65,314 Ordinary Shares
- Price: $71.38 per share
- Total Withheld Value: $4,662,113.32
- Details: Mandatory share withholding to cover tax liabilities associated with the vesting.
Post-Transaction Position
Following these transactions, Alf Melin directly holds 522,126 ordinary shares of TechnipFMC plc, resulting in a net increase of 100,670 shares.
Trading Significance
This filing carries Low predictive significance for investors. The disposition was not an open-market sale but an administrative tax withholding (Code F) tied directly to the settlement of long-term incentive awards (Code A).
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Important Disclaimer
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