STOCK TITAN

Forum Energy Technologies (FET) director awarded 2,556 restricted stock units

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

Rhea-AI Filing Summary

Forum Energy Technologies director John A. Carrig received an equity award in the form of restricted stock units. On the grant date, he acquired 2,556 RSUs of common stock at no cost under the company’s 2016 Second Amended and Restated Stock and Incentive Plan.

The RSUs vest in full on the one-year anniversary of the grant date, with potential accelerated vesting as defined in the plan. The award includes dividend equivalent rights, meaning he will receive the same dividends as if the underlying shares were outstanding.

Positive

  • None.

Negative

  • None.
Insider CARRIG JOHN A
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 2,556 $0.00 --
Holdings After Transaction: Common Stock — 24,975 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*
CARRIG JOHN A

(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 24,975 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 units under the Forum Energy Technologies, Inc. 2016 Second Amended and Restated Stock and Incentive Plan (the "Plan"). Each restricted stock unit is subject to transferability and other restrictions that lapse upon vesting of the restricted stock unit. The restricted stock unit award vests in full on the one-year anniversary of the date of grant, subject to accelerated vesting of the entire award (as defined in the Plan). The restricted stock unit agreement also includes dividend equivalent rights that entitle the reporting person to the same dividends that would be payable were the shares of common stock underlying the restricted stock units actually outstanding at the time such dividends were issued.
Remarks:
/s/ John A. Carrig 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 did John A. Carrig report in this Form 4 for FET?

John A. Carrig reported receiving an equity award of 2,556 restricted stock units of Forum Energy Technologies common stock. These units were granted under the company’s 2016 Second Amended and Restated Stock and Incentive Plan at no cash cost to him.

Is the Form 4 transaction for FET a stock purchase or a grant?

The Form 4 transaction is a grant of restricted stock units, not an open-market stock purchase. The transaction code "A" indicates a grant, award, or other acquisition, delivered at a price of $0.00 per unit under the company’s stock and incentive plan.

How many FET shares are covered by John A. Carrig’s restricted stock unit award?

The award covers 2,556 restricted stock units tied to Forum Energy Technologies common stock. Each unit represents a right to receive one share upon vesting, subject to transferability and other restrictions that lapse when the units vest according to the plan terms.

When do John A. Carrig’s restricted stock units in FET vest?

The restricted stock units vest in full on the one-year anniversary of the grant date. The plan also allows for accelerated vesting of the entire award under certain circumstances defined in the plan, which could cause vesting earlier than the standard one-year schedule.

Do the FET restricted stock units include dividend rights for John A. Carrig?

Yes, the restricted stock units include dividend equivalent rights. These entitle John A. Carrig to receive the same dividends that would be paid if the underlying shares of Forum Energy Technologies common stock were actually outstanding at the time any dividends are issued.

How many FET shares does John A. Carrig hold after this Form 4 transaction?

After this grant, John A. Carrig reports beneficially owning 24,975 shares of Forum Energy Technologies common stock. This total includes the newly awarded 2,556 restricted stock units, which are subject to vesting and transferability restrictions under the company’s stock plan.