FET CEO granted 29,813 restricted stock units
Lux Neal reported acquisition or exercise transactions in this Form 4 filing.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 29,813 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
FAQ
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What insider transaction did Forum Energy Technologies (FET) report for Neal Lux?
How many restricted stock units were granted to FET CEO Neal Lux and at what price?
What is the vesting schedule for Neal Lux’s 29,813 RSUs at Forum Energy Technologies (FET)?
Do Neal Lux’s restricted stock units at Forum Energy Technologies include dividend rights?
What does each restricted stock unit granted to Neal Lux at FET represent?
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