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Forum Energy (NYSE: FET) SVP settles RSUs, withholds shares for taxes

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

Rhea-AI Filing Summary

FORUM ENERGY TECHNOLOGIES, INC. senior vice president Mark Brookes reported equity award activity involving restricted stock units and performance restricted stock units on February 17, 2026. The filing shows vesting and settlement of previously granted units into shares of common stock at an exercise price of $0.00 per share.

To cover related tax obligations, Brookes surrendered portions of the newly delivered common shares at $50.59 per share, classified as tax-withholding dispositions rather than open-market sales. Following these conversions and tax withholdings, he directly owned 22,547 shares of Forum Energy common stock.

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*
Brookes Mark

(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)
SVP
3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026
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 02/17/2026 M 1,078(1) A $0 12,837 D
Common Stock 02/17/2026 F 262(2) D $50.59 12,575 D
Common Stock 02/17/2026 M 1,887(3) A $0 14,462 D
Common Stock 02/17/2026 F 559(2) D $50.59 13,903 D
Common Stock 02/17/2026 M 5,316(3) A $0 19,219 D
Common Stock 02/17/2026 F 1,348(2) D $50.59 17,871 D
Common Stock 02/17/2026 M 3,090(3) A $0 20,961 D
Common Stock 02/17/2026 F 752(2) D $50.59 20,209 D
Common Stock 02/17/2026 M 3,090(3) A $0 23,299 D
Common Stock 02/17/2026 F 752(2) D $50.59 22,547 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) 02/17/2026 M 1,078 (1) (1) Common Stock 1,078 $0 0 D
Performance Restricted Stock Units (3) 02/17/2026 M 1,887 (3) (3) Common Stock 1,887 $0 0 D
Performance Restricted Stock Units (3) 02/17/2026 M 5,316 (3) (3) Common Stock 5,316 $0 0 D
Performance Restricted Stock Units (3) 02/17/2026 M 3,090 (3) (3) Common Stock 3,090 $0 0 D
Performance Restricted Stock Units (3) 02/17/2026 M 3,090 (3) (3) Common Stock 3,090 $0 0 D
Explanation of Responses:
1. Reflects the vesting of restricted stock units granted on February 17, 2023.
2. These shares were surrendered to satisfy the tax obligations related to the settlement of the associated equity award.
3. Reflects the settlement of previously certified performance restricted stock units.
Remarks:
/s/ Mark Brookes by John C. Ivascu as Attorney-in-Fact 02/19/2026
** 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 Mark Brookes report on this Form 4?

Mark Brookes reported vesting and settlement of restricted stock units and performance restricted stock units into Forum Energy common stock, plus share dispositions used to satisfy related tax obligations. All transactions occurred on February 17, 2026, and were tied to previously granted equity awards.

Were any of Mark Brookes’ FET share transactions open-market sales?

The filing classifies dispositions as tax-withholding events, not open-market sales. Shares of common stock were surrendered at $50.59 per share to satisfy tax obligations arising from the settlement of restricted stock and performance restricted stock unit awards.

How many Forum Energy common shares does Mark Brookes own after these transactions?

After the reported conversions and tax-withholding dispositions, Mark Brookes directly owned 22,547 shares of Forum Energy Technologies common stock. This ending balance reflects the net result of equity award settlements and shares surrendered for related tax obligations on February 17, 2026.

What equity awards vested or settled for FET SVP Mark Brookes?

The filing notes vesting of restricted stock units granted on February 17, 2023, and settlement of previously certified performance restricted stock units. These derivative securities converted into shares of Forum Energy common stock at a stated exercise or conversion price of $0.00 per share.

Why were some FET shares surrendered by Mark Brookes at $50.59 per share?

According to the disclosure, shares were surrendered to satisfy tax obligations arising from settlement of the associated equity awards. The common stock used for this tax-withholding disposition is reported at a price of $50.59 per share in the transaction details.

Does the FET Form 4 indicate changes in Mark Brookes’ role or authority?

The information describes Mark Brookes as a senior vice president and focuses on his equity award vesting, settlement, and related tax-withholding share dispositions. It does not discuss changes to his officer status, responsibilities, or broader corporate governance matters.
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