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Forum Energy (FET) counsel gains stock from RSU vesting, surrenders shares for taxes

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

Rhea-AI Filing Summary

Forum Energy Technologies EVP and General Counsel John C. Ivascu reported equity award activity involving restricted stock units and related tax withholding. On March 5, he acquired 7,607 shares of common stock through the vesting and conversion of 7,607 restricted stock units granted on March 5, 2025, and surrendered 2,993 shares of common stock at $57.7000 per share to cover taxes. On March 6, he acquired 7,088 shares of common stock from the vesting and conversion of 7,088 restricted stock units granted on March 6, 2024, and surrendered 2,789 shares of common stock at $57.1700 per share for tax obligations. After these transactions, he held 90,512 shares of common stock directly.

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*
IVASCU JOHN C

(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)
EVP, General Counsel & CCO
3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026
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 03/05/2026 M 7,607(1) A $0 89,206 D
Common Stock 03/05/2026 F 2,993(2) D $57.7 86,213 D
Common Stock 03/06/2026 M 7,088(3) A $0 93,301 D
Common Stock 03/06/2026 F 2,789(2) D $57.17 90,512 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
Restricted Stock Units (1) 03/05/2026 M 7,607 (1) (1) Common Stock 7,607 $0 15,212 D
Restricted Stock Units (3) 03/06/2026 M 7,088 (3) (3) Common Stock 7,088 $0 7,089 D
Explanation of Responses:
1. Reflects the vesting of restricted stock units granted on March 5, 2025.
2. These shares were surrendered to satisfy the tax obligations related to the settlement of the related equity award.
3. Reflects the vesting of restricted stock units granted on March 6, 2024.
Remarks:
John C. Ivascu 03/09/2026
** 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 transactions did FET executive John C. Ivascu report?

John C. Ivascu reported RSU vesting and related tax share surrenders. He acquired common stock from restricted stock units converting into shares and surrendered a portion of those shares to satisfy tax obligations linked to the equity awards.

How many Forum Energy (FET) shares did Ivascu acquire from RSU vesting?

Ivascu acquired 7,607 shares of common stock on March 5 and 7,088 shares on March 6 through the vesting and conversion of previously granted restricted stock units into common shares.

How many FET shares were surrendered for taxes in this Form 4?

He surrendered 2,993 shares of common stock on March 5 at $57.7000 per share and 2,789 shares on March 6 at $57.1700 per share to cover tax obligations on the vested equity awards.

What is John C. Ivascu’s role at Forum Energy Technologies (FET)?

John C. Ivascu serves as Executive Vice President, General Counsel & Chief Compliance Officer at Forum Energy Technologies, Inc., and the reported Form 4 transactions relate to his equity compensation awards from the company.

How many Forum Energy (FET) shares does Ivascu hold after these transactions?

After the reported vesting and tax-withholding dispositions, Ivascu held 90,512 shares of Forum Energy Technologies common stock directly, reflecting his updated post-transaction ownership position.

Were the FET Form 4 share dispositions open-market sales?

The dispositions were coded “F”, indicating shares were delivered to satisfy tax liabilities associated with equity award settlement, rather than discretionary open-market sales for portfolio or cash-raising purposes.
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