Forum Energy CFO reports RSU vesting, tax withholding
Forum Energy Technologies EVP and CFO David Lyle Jr. reported equity award activity on March 5 and 6, 2026.
Rhea-AI Filing Summary
Forum Energy Technologies EVP and CFO David Lyle Jr. reported equity award activity on March 5 and 6, 2026. Restricted stock units vested on both dates, converting into shares of common stock at no cash cost to him, reflecting previously granted awards from March 5, 2025 and March 6, 2024.
On each date, a portion of the newly issued common shares was disposed of under code F to cover tax obligations related to these vestings, with shares surrendered at prices of $57.70 and $57.17 per share. Following the March 6, 2026 transactions, he held 143,249 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 11,519 | $0.00 | $0.00 |
| Exercise | Common Stock | 11,519 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 4,532 | $57.17 | $259K |
| Exercise | Restricted Stock Units | 12,360 | $0.00 | $0.00 |
| Exercise | Common Stock | 12,360 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 4,863 | $57.70 | $281K |
Footnotes (3)
- F1. Reflects the vesting of restricted stock units granted on March 5, 2025.
- F2. These shares were surrendered to satisfy the tax obligations related to the settlement of the related equity award.
- F3. Reflects the vesting of restricted stock units granted on March 6, 2024.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Forum Energy Technologies (FET) CFO David Lyle report on his latest Form 4?
Were the Forum Energy CFO’s reported transactions open-market stock sales?
What prior grants do the vested Forum Energy RSUs relate to?
AI-generated analysis. How Rhea-AI works. Not financial advice.