Douglas J. Pferdehirt, Chair and CEO of TechnipFMC plc (NYSE:FTI), filed a Form 4 on October 29, 2026, disclosing the vesting of 893,760 performance stock units and the withholding of 351,694 ordinary shares for tax purposes on October 26-27, 2026.

Key Highlights

  • PSU Award Vested: 893,760 performance stock units became earned and vested on October 26, 2026, under TechnipFMC's Value Creation Plan, acquired at $0 per share.
  • Shares Withheld for Taxes: 351,694 ordinary shares were withheld on October 27, 2026, at $71.38 per share for payment of taxes on the vested performance stock units.
  • Post-Transaction Ownership: Following both transactions, Pferdehirt directly and beneficially owned 3,440,233 ordinary shares.
  • Performance Criteria Met: According to the filing, the units vested "based upon the Issuer's achievement of pre-determined performance criteria."
  • Settlement in Ordinary Shares: The filing states the performance stock units "will be settled in the form of Ordinary Shares."
  • Reporting Person's Role: Pferdehirt is identified in the filing as both a Director and Officer, serving as Chair and CEO.

TechnipFMC CEO Pferdehirt's Value Creation Plan PSU Vesting, October 2026

According to the Form 4 filed with the SEC on October 29, 2026, Douglas J. Pferdehirt, Chair and CEO of TechnipFMC plc, reported two transactions involving the company's ordinary shares. On October 26, 2026, Pferdehirt acquired 893,760 ordinary shares through the vesting of performance stock units under the company's Value Creation Plan at a price of $0, reflecting a non-cash equity award event. The filing states these units "became earned and vested based upon the Issuer's achievement of pre-determined performance criteria."

The day following the vesting, on October 27, 2026, the filing reports that 351,694 ordinary shares were disposed of under transaction code F, meaning they were withheld by the company at a price of $71.38 per share to cover applicable tax obligations arising from the vesting event. The filing identifies this as "Ordinary Shares withheld for payment of taxes on performance stock units under the Company's Value Creation Plan that were earned and vested on October 26, 2026."

After both transactions were recorded, Pferdehirt's direct beneficial ownership stood at 3,440,233 ordinary shares, according to the filing. The Form 4 was signed by Lisa P. Wang as Attorney-in-Fact on October 29, 2026. No derivative securities were reported in Table II of the filing.

What Was Disclosed

TechnipFMC plc's Chair and CEO Douglas J. Pferdehirt disclosed the vesting of 893,760 performance stock units and the tax-related withholding of 351,694 ordinary shares at $71.38 each, resulting in direct beneficial ownership of 3,440,233 ordinary shares as of October 27, 2026.