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Forum Energy Technologies (FET) CEO receives 29,813 RSU equity award

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

Rhea-AI Filing Summary

Lux Neal reported acquisition or exercise transactions in this Form 4 filing.

Forum Energy Technologies, Inc. reported an insider equity award for its President & CEO, Neal Lux. He received 29,813 restricted stock units (RSUs) on March 3, 2026 under the company’s Second Amended and Restated 2016 Stock and Incentive Plan.

Each RSU represents a contingent right to receive one share of common stock. The RSUs vest in three equal installments, with one-third vesting on each of the first, second, and third anniversaries of March 3, 2026. The award also carries dividend equivalent rights, so Lux will be credited with the same dividends that would be paid if the underlying shares were already outstanding, with those credited dividends paid when the shares are issued.

Positive

  • None.

Negative

  • None.
Insider Lux Neal
Role President & CEO
Type Security Shares Price Value
Grant/Award Restricted Stock Units 29,813 $0.00 --
Holdings After Transaction: Restricted Stock Units — 29,813 shares (Direct)
Footnotes (1)
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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*
Lux Neal

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
President & CEO
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
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
Restricted Stock Units (1) 03/03/2026 A 29,813 (1) (1) Common Stock 29,813 $0 29,813 D
Explanation of Responses:
1. Represents an award of restricted stock units (the "RSUs") granted pursuant to the Company's Second Amended and Restated 2016 Stock and Incentive Plan (the "Plan"). Each RSU represents a contingent right to receive one share of Common Stock. The RSUs vest as to 1/3 on each of the first, second and third anniversaries of March 3, 2026. The RSUs also include dividend equivalent rights that entitle the reporting person to the same dividends that would be payable were the shares of Common Stock underlying the RSUs outstanding at the time such dividends were issued. The credited dividends will be paid concurrently with the issuance of the shares of Common Stock to the reporting person.
Remarks:
/s/ Neal A. Lux 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 for Neal Lux?

Forum Energy Technologies reported that President & CEO Neal Lux received 29,813 restricted stock units. These RSUs were granted under the company’s Second Amended and Restated 2016 Stock and Incentive Plan and represent a contingent right to receive an equal number of common shares.

How many restricted stock units were granted to FET CEO Neal Lux and at what price?

Neal Lux was granted 29,813 restricted stock units at a price of $0.00 per unit. This reflects a compensatory equity award rather than an open-market purchase, with the units converting into common shares if vesting conditions are met.

What is the vesting schedule for Neal Lux’s 29,813 RSUs at Forum Energy Technologies (FET)?

The 29,813 RSUs granted to Neal Lux vest in three equal installments. One-third of the units vest on each of the first, second, and third anniversaries of March 3, 2026, aligning the CEO’s compensation with longer-term company performance and retention.

Do Neal Lux’s restricted stock units at Forum Energy Technologies include dividend rights?

Yes, the RSUs include dividend equivalent rights. Neal Lux will be credited with the same dividends that would be paid on the underlying common stock, and those credited dividends will be paid when the related shares of common stock are actually issued.

What does each restricted stock unit granted to Neal Lux at FET represent?

Each restricted stock unit granted to Neal Lux represents a contingent right to receive one share of Forum Energy Technologies common stock. The units convert into actual shares only when the specified vesting dates are reached and any applicable conditions are satisfied.