STOCK TITAN

Forum Energy Technologies (FET) director granted 2,556 restricted shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

MCSHANE MICHAEL reported acquisition or exercise transactions in this Form 4 filing.

Forum Energy Technologies director Michael McShane reported receiving a grant of 2,556 shares of restricted common stock under the company’s 2016 Second Amended and Restated Stock and Incentive Plan. These shares carry dividend and voting rights but are subject to transfer and other restrictions that lapse when the award vests in full one year after the grant date, with potential accelerated vesting upon a Change in Control as defined in the plan. Following this award, McShane directly owns 30,024 shares of Forum Energy Technologies common stock.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
MCSHANE MICHAEL

(Last) (First) (Middle)
10344 SAM HOUSTON PARK DRIVE
SUITE 300

(Street)
HOUSTON TX 77064

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
FORUM ENERGY TECHNOLOGIES, INC. [ FET ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/03/2026 A 2,556(1) A $0 30,024 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents an award of restricted stock under the Forum Energy Technologies, Inc. 2016 Second Amended and Restated Stock and Incentive Plan (the "Plan"). Each share of restricted stock, par value $0.01 per share, is subject to transferability and other restrictions that lapse upon vesting of the restricted stock. The restricted stock award vests in full on the one year anniversary of the date of grant, subject to accelerated vesting of the entire award upon a Change in Control (as defined in the Plan). The restricted stock agreement also includes dividend and voting rights.
Remarks:
/s/ Michael McShane by John C. Ivascu as Attorney-in- Fact 03/04/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Forum Energy Technologies (FET) report?

Forum Energy Technologies reported a director receiving 2,556 restricted common shares. The award was granted under the company’s 2016 Second Amended and Restated Stock and Incentive Plan and increases the director’s direct holdings to 30,024 common shares after the transaction.

Who received the restricted stock award at Forum Energy Technologies (FET)?

Director Michael McShane received the restricted stock award. He was granted 2,556 shares of restricted common stock, which increased his directly owned position to 30,024 shares following the award, according to the reported Form 4 insider transaction details.

How many Forum Energy Technologies (FET) shares were granted and at what price?

The award consisted of 2,556 shares of Forum Energy Technologies common stock at a stated price of $0.00 per share. This reflects a stock-based compensation grant, not an open-market purchase or sale, as described in the Form 4 filing details.

When do the restricted shares for the Forum Energy Technologies (FET) director vest?

The restricted stock award vests in full on the one-year anniversary of the grant date. Vesting may accelerate upon a Change in Control, as defined in the company’s 2016 Second Amended and Restated Stock and Incentive Plan and the related restricted stock agreement.

Do the restricted shares granted by Forum Energy Technologies (FET) carry voting or dividend rights?

Yes, the restricted stock award includes dividend and voting rights. However, the shares are subject to transferability and other restrictions until they vest, as outlined in the company’s 2016 Second Amended and Restated Stock and Incentive Plan and the restricted stock agreement.
Forum Energy Technologies Inc

NYSE:FET

FET Rankings

FET Latest News

FET Latest SEC Filings

FET Stock Data

667.89M
10.32M
Oil & Gas Equipment & Services
Oil & Gas Field Machinery & Equipment
Link
United States
HOUSTON