Forum Energy Technologies director granted 3,802 restricted FET shares
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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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,802 | $39.46 | $150K |
Footnotes (1)
- F1. Represents an award of restricted stock under the Forum Energy Technologies, Inc. 2016 Second Amended and Restated Stock and Incentive Plan (the "Plan"). Each share of restricted stock, par value $0.01 per share, is subject to transferability and other restrictions that lapse upon vesting of the restricted stock. The restricted stock award vests in full on the one year anniversary of the date of grant, subject to accelerated vesting of the entire award upon a Change in Control (as defined in the Plan). The restricted stock agreement also includes dividend and voting rights.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.