Form 4: TechnipFMC Executive Jonathan Landes Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Jonathan Landes, President of Subsea at TechnipFMC, disposed of 3,408 ordinary shares to cover tax obligations arising from the vesting of restricted stock units.
Summary
- On February 20, 2025, Jonathan Landes, President, Subsea at TechnipFMC plc, disposed of 3,408 ordinary shares.
- The shares were sold at a price of $30.48 per share.
- This transaction was to cover tax obligations related to the vesting of restricted stock units granted on February 20, 2024.
- Following the transaction, Landes directly owns 96,738 ordinary shares.
Sentiment
Score: 5
Explanation: The document describes a routine transaction related to tax obligations, which is neither particularly positive nor negative.
Industry Context
This is a routine transaction related to executive compensation and tax obligations, common among publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 02/20/2024 | Date of grant for restricted stock units related to the tax obligation. |
| 02/20/2025 | Date of transaction: Disposal of shares to cover tax obligations. |
| 02/21/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, TechnipFMC, Jonathan Landes, Share Disposal, Tax Obligations, Restricted Stock Units, Beneficial Ownership, FTI
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.