Form 4: TechnipFMC Executive Cristina Aalders Reports Changes in Beneficial Ownership

Cristina Aalders, EVP, Chief Legal Officer & Secretary of TechnipFMC, reports transactions involving ordinary shares, including the withholding of shares for tax obligations and the acquisition of performance and restricted stock units.

Summary

• On February 21, 2025, Cristina Aalders, EVP, Chief Legal Officer & Secretary of TechnipFMC, had 452 ordinary shares withheld at a price of $29.13 for payment of taxes related to the vesting of restricted stock units granted on February 21, 2023, resulting in a holding of 30,665 shares.
• On February 24, 2025, Aalders acquired 10,278 performance stock units scheduled to vest on March 8, 2025, and 6,114 restricted stock units subject to a three-year vesting schedule, increasing her holdings to 40,943 and 47,057 shares respectively.
• The restricted stock units vest in three equal installments on the anniversaries of the grant date, contingent upon continued employment.

Sentiment

Score: 6

Explanation: Neutral sentiment as the document primarily reports routine transactions related to executive compensation. The acquisition of stock units suggests a positive outlook, but the tax withholding is a neutral event.

Positives

• The acquisition of performance stock units and restricted stock units indicates confidence in the company's future performance and commitment to long-term value creation.

Future Outlook

The performance stock units are scheduled to vest on March 8, 2025, based on the Issuer's performance against certain performance criteria. The restricted stock units vest over a three-year period from the grant date.

Industry Context

This filing is a routine disclosure related to executive compensation and equity ownership, common in publicly traded companies. It provides transparency regarding the alignment of management's interests with those of shareholders.

Comparison to Industry Standards

• Equity-based compensation, including performance stock units and restricted stock units, is a common practice among publicly traded companies, including TechnipFMC's competitors in the energy and subsea technology sectors, such as Subsea 7 and Saipem.
• Vesting schedules and performance criteria are typically designed to incentivize long-term value creation and align executive compensation with company performance, similar to practices observed at companies like Schlumberger and Halliburton.

Stakeholder Impact

• Shareholders may view the equity grants as a positive sign of management's commitment to the company's long-term success.
• Employees may be motivated by the opportunity to receive equity-based compensation.

Next Steps

• Vesting of performance stock units on March 8, 2025.
• Continued vesting of restricted stock units over the next three years.

Key Dates