de Carvalho Filho Eleazar 4
Research Summary
AI-generated summary
TechnipFMC (FTI) Director Eleazar de Carvalho Filho Receives Award
What Happened
- Eleazar de Carvalho Filho, a director of TechnipFMC plc (FTI), was granted 3,259 restricted stock units (RSUs) on February 16, 2026. The Form 4 reports an acquisition at $0.00 per share (total reported value $0) because this is an equity award rather than a cash purchase.
- Each RSU represents a contingent right to receive one ordinary share; the award is scheduled to vest on February 16, 2027 (see footnote F1).
Key Details
- Transaction date: 2026-02-16; Form 4 filed: 2026-02-17 (timely filing).
- Transaction code: A (award/grant/acquisition); reported price per unit: $0.00.
- Shares acquired: 3,259 RSUs; total reported acquisition value: $0.
- Vesting: RSUs vest on February 16, 2027 (footnote F1: contingent right to one ordinary share).
- Shares owned after the transaction: not specified in the filing.
- Filing timeliness: not late (filed the next day).
Context
- This was a compensation grant (RSUs), not an open-market buy or sale. Such awards are common for directors as part of pay arrangements and do not by themselves indicate a bullish or bearish personal market action.
- Because the RSUs are contingent until vesting, they convert into ordinary shares only if vesting conditions are met on the stated vesting date.