TechnipFMC plc EVP and Chief Financial Officer Alf Melin filed a Form 4 on October 29, 2026, reporting two transactions in ordinary shares on October 26 and October 27, 2026, related to vested performance stock units under the company's Value Creation Plan.

Key Highlights

  • PSU award vested: Melin acquired 165,984 ordinary shares on October 26, 2026, at $0, representing performance stock units that became earned and vested based on the issuer's achievement of pre-determined performance criteria under the Value Creation Plan.
  • Tax withholding disposition: On October 27, 2026, 65,314 ordinary shares were withheld at $71.38 per share to cover taxes on the vested performance stock units.
  • Resulting ownership: Following both transactions, Melin directly beneficially owned 522,126 ordinary shares.
  • Settlement form: According to the filing, the performance stock units were settled in the form of ordinary shares.
  • Issuer and exchange: TechnipFMC plc trades under the ticker NYSE:FTI.

Alf Melin's Value Creation Plan PSU Vesting and Tax Withholding Details

According to the Form 4 filed with the SEC on October 29, 2026, Alf Melin, identified in the filing as EVP and Chief Financial Officer of TechnipFMC plc (NYSE:FTI), reported two transactions in the company's ordinary shares. The first transaction, dated October 26, 2026, reflects the acquisition of 165,984 ordinary shares at a price of $0, described in the filing as an award of performance stock units under the company's Value Creation Plan "that became earned and vested based upon the Issuer's achievement of pre-determined performance criteria." The filing states that these performance stock units were settled in the form of ordinary shares.

The second transaction, dated October 27, 2026, reflects a disposition coded "F" of 65,314 ordinary shares at a price of $71.38 per share. The filing describes these 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." Following both transactions, Melin's direct beneficial ownership stood at 522,126 ordinary shares, as reported in the filing.

The Form 4 was signed by Lisa P. Wang as Attorney-In-Fact on October 29, 2026. The filing was made by one reporting person, and no derivative securities transactions were reported in Table II. No checkbox indicating a Rule 10b5-1(c) plan was marked for either transaction.

What Was Disclosed

TechnipFMC CFO Alf Melin reported vesting of 165,984 performance stock units and withholding of 65,314 shares at $71.38 for tax purposes on October 26-27, 2026, leaving him with direct beneficial ownership of 522,126 ordinary shares.