Forum Energy Technologies (FET) director reports 3,802-share restricted stock award
Rhea-AI Filing Summary
Forum Energy Technologies director receives restricted stock grant
Forum Energy Technologies, Inc. granted director Leslie Ann Beyer 3,802 shares of common stock as a restricted stock award on 01/12/2026 under the company’s 2016 Second Amended and Restated Stock and Incentive Plan. The shares were valued at $39.46 per share on the grant date and are held directly.
The restricted stock is subject to transferability and other restrictions that lapse when the award vests. The entire award is scheduled to vest on the one-year anniversary of the grant date, with accelerated vesting of all shares if a Change in Control, as defined in the plan, occurs. The restricted stock carries dividend and voting rights during the restriction period.
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FAQ
What insider transaction did FORUM ENERGY TECHNOLOGIES (FET) report for Leslie Ann Beyer?
Leslie Ann Beyer, a director of Forum Energy Technologies, Inc., reported receiving an award of 3,802 shares of common stock as restricted stock on 01/12/2026.
What type of shares did Leslie Ann Beyer receive in the latest FET Form 4 filing?
The filing shows an award of restricted common stock under the Forum Energy Technologies, Inc. 2016 Second Amended and Restated Stock and Incentive Plan, subject to vesting and transfer restrictions.
When do Leslie Ann Beyer’s restricted FET shares vest?
The restricted stock award vests in full on the one-year anniversary of the grant date, with the entire award subject to accelerated vesting upon a Change in Control as defined in the plan.
What was the reported value per share for the FET restricted stock grant?
The transaction reports a price of $39.46 per share for the 3,802 restricted shares of Forum Energy Technologies common stock awarded to Leslie Ann Beyer.
Does the restricted stock granted to Leslie Ann Beyer include dividend and voting rights?
Yes. The explanation notes that the restricted stock agreement includes dividend and voting rights, even though the shares are subject to transfer and other restrictions until vesting.
How many Forum Energy Technologies shares does Leslie Ann Beyer beneficially own after this Form 4 transaction?
Following the reported transaction, Leslie Ann Beyer beneficially owns 3,802 shares of Forum Energy Technologies common stock, held directly.