STOCK TITAN

Forum Energy Technologies (FET) EVP, CFO granted 12,777 RSUs

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

Rhea-AI Filing Summary

Williams David Lyle Jr. reported acquisition or exercise transactions in this Form 4 filing.

Forum Energy Technologies EVP and CFO David Lyle Jr. reported receiving an award of 12,777 restricted stock units (RSUs) tied to the company’s common stock. Each RSU represents a contingent right to receive one share of common stock, granted under the company’s 2016 Stock and Incentive Plan.

The RSUs vest in three equal parts, with one-third vesting on each of the first, second and third anniversaries of March 3, 2026. The award also carries dividend equivalent rights, so credited dividends will be paid when the underlying shares are ultimately issued.

Positive

  • None.

Negative

  • None.
Insider Williams David Lyle Jr.
Role EVP, CFO
Type Security Shares Price Value
Grant/Award Restricted Stock Units 12,777 $0.00 --
Holdings After Transaction: Restricted Stock Units — 12,777 shares (Direct)
Footnotes (1)
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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*
Williams David Lyle Jr.

(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)
EVP, CFO
3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026
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
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) 03/03/2026 A 12,777 (1) (1) Common Stock 12,777 $0 12,777 D
Explanation of Responses:
1. Represents an award of restricted stock units (the "RSUs") granted pursuant to the Company's Second Amended and Restated 2016 Stock and Incentive Plan (the "Plan"). Each RSU represents a contingent right to receive one share of Common Stock. The RSUs vest as to 1/3 on each of the first, second and third anniversaries of March 3, 2026. The RSUs also include dividend equivalent rights that entitle the reporting person to the same dividends that would be payable were the shares of Common Stock underlying the RSUs outstanding at the time such dividends were issued. The credited dividends will be paid concurrently with the issuance of the shares of Common Stock to the reporting person.
Remarks:
/s/ D. Lyle Williams by John C. Ivascu as Attorney-in-Fact 03/04/2026
** 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 the Forum Energy Technologies (FET) Form 4 report for David Lyle Jr.?

The Form 4 shows EVP and CFO David Lyle Jr. received 12,777 restricted stock units. These RSUs were granted under Forum Energy Technologies’ Second Amended and Restated 2016 Stock and Incentive Plan, tied to the company’s common stock.

How many restricted stock units did FET grant to its EVP, CFO?

Forum Energy Technologies granted 12,777 restricted stock units to its EVP and CFO. Each RSU is a contingent right to receive one share of common stock, subject to the vesting schedule described in the award’s terms.

What is the vesting schedule of the 12,777 RSUs reported by FET?

The 12,777 RSUs vest in three equal installments. One-third vests on each of the first, second, and third anniversaries of March 3, 2026, meaning the units become deliverable as shares over three key future dates.

Do the Forum Energy Technologies RSUs include dividend equivalent rights?

Yes, the RSUs include dividend equivalent rights. These entitle the reporting person to the same dividends that would be paid if the underlying shares were outstanding, with credited dividends paid when the shares are issued.

What does each restricted stock unit represent in the FET Form 4 filing?

Each restricted stock unit represents a contingent right to receive one share of Forum Energy Technologies common stock. Delivery of the actual shares depends on the RSUs vesting according to the specified three-year anniversary schedule.

Under which plan were the Forum Energy Technologies RSUs granted?

The RSUs were granted under Forum Energy Technologies’ Second Amended and Restated 2016 Stock and Incentive Plan. This plan governs equity-based awards like these restricted stock units to executives and other eligible participants.