Forum Energy SVP sells 3,000 shares at $55.49
Forum Energy Technologies, Inc. senior vice president and chief human resources officer Michael Dewayne Danford reported an open-market sale of 3,000 shares of common stock.
Rhea-AI Filing Summary
Forum Energy Technologies, Inc. senior vice president and chief human resources officer Michael Dewayne Danford reported an open-market sale of 3,000 shares of common stock. The shares were sold at a weighted average price of $55.49 per share, in multiple trades between $55.39 and $55.79.
After this transaction, Danford directly owns 54,139 shares of Forum Energy Technologies common stock, indicating he retains a substantial ongoing equity stake in the company.
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Insider Trade Summary
Net Seller: 3,000 shares
Net Sell
1 txn
Insider
Danford Michael Dewayne
Role
SVP & CHO
Sold
3,000 shs ($166K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,000 | $55.49 | $166K |
Holdings After Transaction:
Common Stock — 54,139 shares (Direct)
Footnotes (1)
- F1. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging between $55.39 and $55.79. The reporting person undertakes to provide to any security holder of Forum Energy Technologies, Inc. or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price set forth in this footnote.
Key Figures
Shares sold: 3,000 shares
Weighted average sale price: $55.49 per share
Sale price range: $55.39–$55.79 per share
+2 more
5 metrics
Shares sold
3,000 shares
Open-market sale of common stock
Weighted average sale price
$55.49 per share
Average price across multiple transactions
Sale price range
$55.39–$55.79 per share
Range of prices for individual trades
Shares owned after transaction
54,139 shares
Direct holdings following the sale
Net shares sold
3,000 shares
Net buy/sell direction from transaction summary
Key Terms
weighted average price, open-market sale, Common Stock, Form 4, +1 more
5 terms
weighted average price financial
"The price reported is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Sale in open market or private transaction financial
""transaction_code_description": "Sale in open market or private transaction""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What type of transaction did Michael Danford report in this Form 4 for FET?
The Form 4 reports an open-market sale of Forum Energy Technologies common stock by Michael Danford. The transaction is coded “S,” indicating a sale in the open market or a private transaction under SEC reporting rules for insiders.
What does weighted average price mean in Michael Danford’s FET stock sale?
Weighted average price of $55.49 means his 3,000 shares were sold through multiple trades at different prices. The filing notes individual sales occurred between $55.39 and $55.79, and the average price reflects the share-count-weighted mean of those trades.
AI-generated analysis. How Rhea-AI works. Not financial advice.
