[8-K] FORUM ENERGY TECHNOLOGIES, INC. Reports Material Event

Rhea-AI Filing Summary

Forum Energy Technologies, Inc. disclosed that on September 18, 2025, director Leslie A. Beyer notified the company she is retiring from the board effective immediately because she was confirmed as Assistant Secretary of the Interior for Lands and Minerals Management at the U.S. Department of the Interior. The filing states her retirement was not due to any disagreement with the company on operations, policies, practices or otherwise.

Positive

• Retirement was not due to disagreement with the company on operations, policies, practices or otherwise, as explicitly stated in the filing
• Reason for departure is clear: confirmed as Assistant Secretary of the Interior for Lands and Minerals Management

Negative

• Retirement effective immediately, creating an immediate vacancy on the board (filing does not state succession or replacement plans)
• Filing provides no details on board composition changes, committee impacts, or planned replacements

Insights

Financial Analyst

TL;DR: A board member resigned immediately after a government appointment; no operational disagreement reported, likely a routine governance update.

The filing discloses a director resignation tied to a federal appointment, which is a clear governance event but contains no financial metrics or indications of operational impact. Because the company explicitly states there was no disagreement with management, this appears procedural rather than conflict-driven. The immediate effective date creates a vacancy on the board, which could prompt a director replacement process; however, the filing provides no detail on succession, board composition changes, or committee impacts, so material financial implications cannot be determined from the notice alone.

Corporate Governance Expert

TL;DR: Director departure related to public service appointment; disclosure is clear but lacks succession details.

The notice appropriately documents the director's retirement and the reason—confirmation to a federal executive role—and clarifies the absence of any disagreement with the company. From a governance perspective, the key missing elements are whether the board has a nominated replacement, how committees will be affected, and any interim arrangements. The filing is compliant in reporting the material event but does not address next steps for board continuity.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

___________________________________

FORM 8-K

___________________________________

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 18, 2025

FORUM ENERGY TECHNOLOGIES, INC.

(Exact name of registrant as specified in its charter)

Delaware

001-35504

61-1488595

(State or other jurisdiction of incorporation or organization)

(Commission File Number)

(I.R.S. Employer Identification No.)

10344 Sam Houston Park Drive

Suite 300

Houston

TX

77064

(Address of Principal Executive Offices)

(Zip Code)

281 949-2500

Registrant's telephone number, including area code

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol

Name of each exchange on which registered

Common Stock, par value $0.01 per share

FET

NYSE

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On September 18, 2025, Leslie A. Beyer, a member of the Forum Energy Technologies, Inc. (the “Company”) board of directors (the “Board”), notified the Company of her desire to retire from the Board, effective immediately, to accommodate her recent confirmation as Assistant Secretary of the Interior for Lands and Minerals Management at the U.S. Department of the Interior. Ms. Beyer’s retirement is not the result of any disagreement with the Company on any matter relating to its operations, policies, practices or otherwise.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: September 19, 2025

FORUM ENERGY TECHNOLOGIES, INC.

/s/ John C. Ivascu

John C. Ivascu

Executive Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary

FAQ

Why did Leslie A. Beyer leave the Forum Energy Technologies (FET) board?

The filing states Ms. Beyer retired from the board to accommodate her confirmation as Assistant Secretary of the Interior for Lands and Minerals Management at the U.S. Department of the Interior.

When did Leslie A. Beyer’s retirement from the FET board become effective?

The retirement was notified on September 18, 2025 and is described as effective immediately.

Was Ms. Beyer’s retirement related to any disagreement with FET?

No. The filing explicitly states her retirement is not the result of any disagreement with the company on operations, policies, practices or otherwise.

Does the filing state who will replace Ms. Beyer on the board?

No. The filing does not provide any information about a successor, nominee, or replacement plan.

Does the 8-K include any financial data or material transactions related to the retirement?

No. The filing contains only the director's retirement notice and does not include financial data or material transactions.