Form 4: TechnipFMC Executive Conti Thierry Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
TechnipFMC officer Thierry Conti disposed of 1,512 ordinary shares on February 20, 2025, to cover tax obligations related to vesting restricted stock units.
Summary
- On February 20, 2025, Thierry Conti, President, Surface at TechnipFMC plc, disposed of 1,512 ordinary shares.
- The shares were disposed of at a price of $30.48 per share.
- This transaction was to cover tax obligations arising from the vesting of restricted stock units granted on February 20, 2024.
- Following the transaction, Conti directly owns 68,632 ordinary shares.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so it doesn't significantly impact sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/20/2024 | Date of grant for the restricted stock units that vested. |
| 02/20/2025 | Date of the transaction (disposal of shares). |
| 02/21/2025 | Date of signature for the Form 4 filing. |
Keywords
TechnipFMC, Conti Thierry, Form 4, Share Disposal, Tax Obligations, Restricted Stock Units, Beneficial Ownership, Securities
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