STOCK TITAN

Forum Energy Technologies (FET) director reports 8,557-share restricted stock grant

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

Rhea-AI Filing Summary

Forum Energy Technologies director Paul E. Rowsey III reported an equity award of 8,557 shares of common stock on March 5, 2025. The shares were granted as restricted stock at a price of $0 per share under the company’s 2016 Second Amended and Restated Stock and Incentive Plan.

The restricted stock vests in full one year after the grant date, with restrictions lapsing at vesting and potential accelerated vesting upon a Change in Control as defined in the plan. Following this grant, Rowsey beneficially owns 23,071 shares of common stock directly, with associated dividend and voting rights during the restriction period.

The filing also clarifies that a prior Form 4 filed on March 7, 2025, was incorrectly submitted under the company’s name; this amendment confirms that Paul E. Rowsey III is the correct reporting person, with all other reported information unchanged.

Positive

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Negative

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Insider ROWSEY PAUL E III
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 8,557 $0.00 --
Holdings After Transaction: Common Stock — 23,071 shares (Direct)
Footnotes (1)
  1. 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 On March 7, 2025, a Form 4 was incorrectly filed by Forum Energy Technologies, Inc. instead of Paul E Rowsey III. The correct filing entity is Paul E Rowsey III. All other information reported in the Form 4 remains the same.
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*
ROWSEY PAUL E III

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/05/2025
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 03/05/2025 A 8,557(1) A $0 23,071 D(2)
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
Explanation of Responses:
1. 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
2. On March 7, 2025, a Form 4 was incorrectly filed by Forum Energy Technologies, Inc. instead of Paul E Rowsey III. The correct filing entity is Paul E Rowsey III. All other information reported in the Form 4 remains the same.
Remarks:
/s/ Paul E. Rowsey III by John C. Ivascu as Attorney-in-Fact 02/09/2026
** 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 did Paul E. Rowsey III report in this Form 4 for FET?

Paul E. Rowsey III reported receiving an award of 8,557 shares of restricted common stock on March 5, 2025. The grant was made at a price of $0 per share under Forum Energy Technologies’ 2016 stock and incentive plan.

How many FET shares does Paul E. Rowsey III own after this transaction?

After the restricted stock award, Paul E. Rowsey III beneficially owns 23,071 shares of Forum Energy Technologies common stock. These shares are held directly, reflecting his updated ownership position as reported in the Form 4 filing.

When do the restricted FET shares granted to Paul E. Rowsey III vest?

The 8,557 restricted shares vest in full on the one-year anniversary of the March 5, 2025 grant date. Vesting removes transferability and other restrictions, with accelerated vesting possible upon a Change in Control as defined in the company’s plan.

Do the restricted FET shares have dividend and voting rights before vesting?

Yes, the restricted stock agreement provides dividend and voting rights on the 8,557 restricted shares. These rights apply while the shares remain subject to transfer and other restrictions prior to vesting under the company’s stock and incentive plan.

What correction does this Form 4 make regarding a prior FET filing?

This Form 4 corrects a March 7, 2025 filing that was mistakenly submitted under Forum Energy Technologies, Inc. as the reporting entity. It clarifies that Paul E. Rowsey III is the proper reporting person, with all other details remaining unchanged.

What is the role of Paul E. Rowsey III at Forum Energy Technologies (FET)?

Paul E. Rowsey III is identified as a director of Forum Energy Technologies. His Form 4 filing reflects equity compensation in the form of restricted common stock granted under the company’s 2016 Second Amended and Restated Stock and Incentive Plan.