Justin Rounce, Executive Vice President and Chief Technology Officer of TechnipFMC plc, filed a Form 4 on October 29, 2026, reporting two transactions in Ordinary Shares tied to a performance stock unit vesting event on October 26-27, 2026.

Key Highlights

  • PSU award vested: 165,984 Ordinary Shares were acquired on October 26, 2026, at $0, representing performance stock units earned under TechnipFMC's Value Creation Plan.
  • Tax withholding disposal: 65,314 Ordinary Shares were disposed of on October 27, 2026, at $71.38 per share to cover taxes on the vested performance stock units.
  • Resulting ownership: Following both transactions, Rounce directly beneficially owned 403,510 Ordinary Shares, according to the filing.
  • Performance basis: According to the filing, the units vested "based upon the Issuer's achievement of pre-determined performance criteria" under the Company's Value Creation Plan.
  • Reporting person role: Justin Rounce is identified in the filing as EVP and Chief Technology Officer of TechnipFMC plc (NYSE:FTI).

TechnipFMC CTO Justin Rounce: Value Creation Plan Vesting Details

According to the Form 4 filed on October 29, 2026, Justin Rounce, EVP and Chief Technology Officer of TechnipFMC plc (NYSE:FTI), reported the vesting of performance stock units under the company's Value Creation Plan. On October 26, 2026, Rounce acquired 165,984 Ordinary Shares at a price of $0, reflecting units that "became earned and vested based upon the Issuer's achievement of pre-determined performance criteria," as stated in the filing. The shares were settled in the form of Ordinary Shares.

The following day, October 27, 2026, the filing reports that 65,314 Ordinary Shares were withheld at $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." This is a transaction coded "F," indicating shares withheld for tax purposes rather than an open-market sale.

After both transactions, Rounce's direct beneficial ownership stood at 403,510 Ordinary Shares, as reported in the filing. The Form 4 was signed by Lisa P. Wang as Attorney-in-Fact on October 29, 2026. No derivative securities transactions were reported in Table II of the filing.

What Was Disclosed

TechnipFMC plc's Chief Technology Officer Justin Rounce disclosed the vesting of 165,984 performance stock units on October 26, 2026, and the withholding of 65,314 shares for taxes on October 27, 2026, leaving him with direct ownership of 403,510 Ordinary Shares.