FET (NYSE: FET) accounting chief awarded 5,232 performance stock units on vesting

Rhea-AI Filing Summary

Energy Technologies, Inc. executive Katherine Campbell Keller reported performance-based equity vesting. As VP & Chief Accounting Officer, she acquired 2,616 performance restricted stock units tied to total shareholder return and another 2,616 units tied to free cash flow on February 12, 2026, both at a stated price of $0 per unit.

These PRSUs were originally granted on March 5, 2025 and vested after the company certified that the applicable performance goals were achieved, based on relative total shareholder return and free cash flow results.

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

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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^*

Keller Katherine Campbell

(Last) (First) (Middle)

10344 SAM HOUSTON PARK DR.

(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)
	VP & Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/12/2026

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
Performance Restricted Stock Units	(1)	02/12/2026		A		2,616		(1)	(1)	Common Stock	2,616	$0	2,616(1)	D
Performance Restricted Stock Units	(2)	02/12/2026		A		2,616		(2)	(2)	Common Stock	2,616	$0	2,616(2)	D

Explanation of Responses:

1. Represents PRSUs granted on March 5, 2025 that vested based upon the Company's total shareholder return compared to the total shareholder return of a group of peer companies, as certified on February 12, 2026.

2. Represents PRSUs granted on March 5, 2025 that vested based upon the Company's free cash flow, as certified on February 12, 2026.

Remarks:

	/s/ Katherine C. Keller by John C. Ivascu as Attorney-in- Fact	02/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did FET executive Katherine Campbell Keller report?

Katherine Campbell Keller reported the vesting and acquisition of performance restricted stock units. On February 12, 2026 she acquired 2,616 PRSUs linked to total shareholder return and another 2,616 PRSUs linked to free cash flow, each at a stated price of $0 per unit.

What role does Katherine Campbell Keller hold at Energy Technologies, Inc. (FET)?

Katherine Campbell Keller serves as VP & Chief Accounting Officer at Energy Technologies, Inc. This senior finance role typically oversees accounting, financial reporting, and controls, making her equity-based compensation and performance awards relevant for understanding leadership incentives at the company.

What performance metrics triggered the FET PRSU vesting reported by Keller?

The performance restricted stock units vested based on two metrics. One 2,616-unit award was tied to the company’s total shareholder return versus a peer group, and another 2,616-unit award was tied to the company’s free cash flow performance, both certified on February 12, 2026.

When were the FET performance restricted stock units originally granted?

Both sets of performance restricted stock units were initially granted on March 5, 2025. They later vested after the company certified that the applicable performance conditions, based on total shareholder return and free cash flow, had been satisfied as of February 12, 2026.

Did Katherine Campbell Keller buy FET shares on the open market?

The filing shows equity acquired through performance restricted stock units, not open-market purchases. She received 2,616 PRSUs tied to total shareholder return and 2,616 PRSUs tied to free cash flow at a stated price of $0, reflecting incentive compensation vesting.

How many derivative securities does Keller hold after the reported FET transactions?

After each reported performance restricted stock unit transaction, Keller is shown as beneficially owning 2,616 derivative securities for that award. Each entry lists 2,616 PRSUs directly owned following the February 12, 2026 certification of performance results.