Forum Energy (NYSE: FET) holders approve equity plan and directors
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Forum Energy Technologies, Inc. reported results of its 2026 Annual Meeting of Stockholders. Stockholders approved a Fourth Amendment to the company’s Second Amended and Restated 2016 Stock and Incentive Plan, increasing the number of shares that may be granted under the plan by 625,000 shares.
Three Class II directors — Evelyn M. Angelle, John A. Carrig and Neal A. Lux — were elected for three-year terms. Stockholders also approved, on a non-binding advisory basis, the compensation of named executive officers and ratified Deloitte & Touche LLP as independent registered public accounting firm for 2026.
Positive
- None.
Negative
- None.
8-K Event Classification
3 items: 5.02, 5.07, 9.01
3 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Plan share increase: 625,000 shares
Votes for Angelle: 7,594,328 votes
Votes for Carrig: 7,280,415 votes
+4 more
7 metrics
Plan share increase
625,000 shares
Additional shares authorized under Amended 2016 Stock and Incentive Plan
Votes for Angelle
7,594,328 votes
Election of Evelyn M. Angelle as Class II director
Votes for Carrig
7,280,415 votes
Election of John A. Carrig as Class II director
Votes for Lux
7,610,937 votes
Election of Neal A. Lux as Class II director
Say-on-pay support
7,520,299 votes for
Advisory approval of executive compensation
Plan amendment approval
7,447,446 votes for
Approval of amendment to 2016 Stock and Incentive Plan
Auditor ratification for
9,290,299 votes
Ratification of Deloitte & Touche LLP for 2026
Key Terms
non-binding, advisory basis, Broker Non-Votes, independent registered public accounting firm, Emerging growth company, +1 more
5 terms
non-binding, advisory basis financial
"Stockholders approved, on a non-binding, advisory basis, the compensation of the Company’s named executive officers"
Broker Non-Votes financial
"Nominee | For | Withheld | Broker Non-Votes Evelyn M. Angelle | 7,594,328 | 88,225 | 1,633,493"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
independent registered public accounting firm financial
"Stockholders ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2026"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
Emerging growth company regulatory
"Emerging growth company o Item 5.02 Departure of Directors or Certain Officers"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
Second Amended and Restated 2016 Stock and Incentive Plan financial
"Fourth Amendment (the “Plan Amendment”) to the Second Amended and Restated 2016 Stock and Incentive Plan (the “2016 Plan”"
FAQ
Which directors were elected at Forum Energy Technologies’ 2026 annual meeting?
Shareholders elected Evelyn M. Angelle, John A. Carrig and Neal A. Lux as Class II directors. Each will serve a three-year term, continuing until the 2029 Annual Meeting of Stockholders or until a successor is duly elected and qualified under the company’s governance framework.
Who is Forum Energy Technologies’ independent auditor for 2026 and how was it ratified?
Shareholders ratified Deloitte & Touche LLP as Forum Energy Technologies’ independent registered public accounting firm for 2026, with 9,290,299 votes cast for, 11,667 against and 9,055 abstentions, plus 5,025 broker non-votes reported on the auditor ratification proposal.