Form 4: TechnipFMC Officer David Light Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
David Light, SVP & Chief Accounting Officer of TechnipFMC plc, disposed of 1,984 ordinary shares on March 1, 2024, to cover tax obligations related to vesting restricted stock units.
Summary
- On March 1, 2024, David Light, the SVP & Chief Accounting Officer of TechnipFMC plc, disposed of 1,984 ordinary shares.
- The shares were disposed of to cover tax obligations arising from the vesting of restricted and performance stock units granted on April 1, 2021.
- The transaction was executed at a price of $22.58 per share.
- Following the transaction, David Light beneficially owns 17,462 ordinary shares of TechnipFMC plc.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine transaction for tax purposes.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and is a standard practice for officers of publicly traded companies like TechnipFMC.
Key Dates
| Date | Description |
|---|---|
| 04/01/2021 | Date of grant for restricted and performance stock units. |
| 03/01/2024 | Date of share disposal for tax obligations. |
| 03/05/2024 | Date of signature for the Form 4 filing. |
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