On March 11, 2026, Douglas J. Pferdehirt, Chair and CEO of TechnipFMC plc (FTI), executed a series of transactions involving the sale of 753,444 shares, totaling approximately $45.65 million. The sales occurred at prices ranging from $61.22 to $63.12 per share.
This activity follows a pattern of insider selling observed in recent days. On March 10, 2026, Melin Alf sold shares valued at approximately $2.75 million. Prior to that, on March 9, 2026, David Light and Luana Duffe also divested shares, with Alf making multiple sales on the same day amounting to over $8 million.
While insider sales can be motivated by various factors such as portfolio diversification or personal financial needs, the concentrated selling activity by multiple executives may draw investor attention.