Form 4: TechnipFMC Executive Justin Rounce Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
EVP & Chief Technology Officer of TechnipFMC, Justin Rounce, reports the disposal of 4,121 ordinary shares to cover tax obligations related to vesting restricted stock units.
Summary
- On February 20, 2025, Justin Rounce, EVP & Chief Technology Officer of TechnipFMC plc, disposed of 4,121 ordinary shares.
- The shares were disposed of to cover tax obligations arising from the vesting of restricted stock units granted on February 20, 2024.
- The transaction was executed at a price of $30.48 per share.
- Following the transaction, Rounce directly owns 402,477 ordinary shares.
Sentiment
Score: 5
Explanation: The document reflects a neutral event (tax-related share disposal) with no inherent positive or negative implications for the company's overall performance.
Industry Context
This is a routine transaction related to executive compensation and tax obligations, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| February 20, 2024 | Date of grant for the restricted stock units. |
| February 20, 2025 | Date of transaction (share disposal for tax obligations). |
| February 21, 2025 | Date of signature for the report. |
Keywords
TechnipFMC, Justin Rounce, share disposal, Form 4, restricted stock units, tax obligations, FTI, beneficial ownership
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