Forum Energy Technologies (FET) officer settles RSUs, withholds stock for tax obligations

Rhea-AI Filing Summary

Forum Energy Technologies VP & Chief Accounting Officer Katherine Campbell Keller reported multiple equity award transactions on February 17, 2026. She exercised performance restricted stock units into common stock at $0.00 per share and surrendered portions of the resulting shares at $50.59 per share to satisfy related tax obligations.

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)
02/17/2026

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		2,616(1)	A	$0	2,693	D
Common Stock	02/17/2026		F		1,168(2)	D	$50.59	1,525	D
Common Stock	02/17/2026		M		2,616(1)	A	$0	4,141	D
Common Stock	02/17/2026		F		1,048(2)	D	$50.59	3,093	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
Performance Restricted Stock Units	(1)	02/17/2026		M			2,616	(1)	(1)	Common Stock	2,616	$0	0	D
Performance Restricted Stock Units	(1)	02/17/2026		M			2,616	(1)	(1)	Common Stock	2,616	$0	0	D

Explanation of Responses:

1. Reflects the settlement of previously certified performance restricted stock units.

2. These shares were surrendered to satisfy the tax obligations related to the settlement of the associated equity award.

Remarks:

	/s/ Katherine C. Keller by John C. Ivascu as Attorney-in- Fact	02/19/2026
	** Signature of Reporting Person	Date
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FAQ

What insider transactions did FET officer Katherine Campbell Keller report?

Katherine Campbell Keller reported exercising performance restricted stock units into Forum Energy Technologies common stock, then surrendering some of the resulting shares to cover taxes. All transactions occurred on February 17, 2026 and were reported as direct holdings under her ownership.

How many Forum Energy Technologies performance restricted stock units were involved?

The filing shows multiple transactions in performance restricted stock units, each for 2,616 units. These units were settled and converted into common stock on February 17, 2026 as part of previously certified equity awards, according to the accompanying Form 4 transaction details and explanatory footnotes.

What type of Form 4 transactions did FET report for Keller?

The Form 4 reports derivative exercises coded “M” for performance restricted stock units converting into common stock, and non-derivative dispositions coded “F” where shares were withheld. Code F represents shares delivered to cover tax liabilities related to the associated equity award settlement, not an open-market sale.

At what price were FET shares surrendered to cover Keller’s taxes?

Shares were surrendered at a transaction price of $50.59 per share. These dispositions, coded “F,” were used to satisfy tax obligations tied to the equity award settlement, rather than representing discretionary open-market sales of Forum Energy Technologies common stock by the reporting officer.

How did Keller’s direct common stock holdings change after these transactions?

The Form 4 shows changes in direct common stock holdings across several line items, with share balances updated after each transaction. Following the reported exercises and tax-withholding dispositions, the final reported line lists 3,093 directly held Forum Energy Technologies common shares in Keller’s name.

Were Keller’s Form 4 transactions classified as buy or sell activity in FET stock?

The transactions are classified as exercises and tax-related dispositions, not open-market buys or sells. Code M reflects derivative exercises converting units into stock, while code F indicates shares withheld or delivered solely to pay tax liabilities arising from those equity award settlements.