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 111,419 ordinary shares to cover tax obligations arising from the vesting of restricted and performance stock units.
Summary
- On March 8, 2025, Jonathan Landes, President of Subsea at TechnipFMC, disposed of 111,419 ordinary shares.
- The transaction was executed to cover tax obligations related to the vesting of restricted and performance stock units granted on March 8, 2022.
- The shares were sold at a price of $25.3.
- Following the transaction, Landes directly owns 232,908 ordinary shares.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine transaction for tax purposes.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It is common for executives to sell shares to cover taxes when stock options or restricted stock units vest.
Key Dates
| Date | Description |
|---|---|
| 03/08/2022 | Date of grant for restricted and performance stock units. |
| 03/08/2025 | Date of share disposal for tax obligations. |
| 03/11/2025 | Date of signature on the Form 4 filing. |
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