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Forum Energy (NYSE: FET) CFO logs RSU vesting and tax-share disposals

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

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 Williams David Lyle Jr.
Role EVP, CFO
Type Security Shares Price Value
Exercise Restricted Stock Units 11,519 $0.00 --
Exercise Common Stock 11,519 $0.00 --
Tax Withholding Common Stock 4,532 $57.17 $259K
Exercise Restricted Stock Units 12,360 $0.00 --
Exercise Common Stock 12,360 $0.00 --
Tax Withholding Common Stock 4,863 $57.70 $281K
Holdings After Transaction: Restricted Stock Units — 11,519 shares (Direct); Common Stock — 147,781 shares (Direct)
Footnotes (1)
  1. Reflects the vesting of restricted stock units granted on March 5, 2025. These shares were surrendered to satisfy the tax obligations related to the settlement of the related equity award. Reflects the vesting of restricted stock units granted on March 6, 2024.
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)
03/05/2026
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 03/05/2026 M 12,360(1) A $0 141,125 D
Common Stock 03/05/2026 F 4,863(2) D $57.7 136,262 D
Common Stock 03/06/2026 M 11,519(3) A $0 147,781 D
Common Stock 03/06/2026 F 4,532(2) D $57.17 143,249 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
Restricted Stock Units (1) 03/05/2026 M 12,360 (1) (1) Common Stock 12,360 $0 24,720 D
Restricted Stock Units (3) 03/06/2026 M 11,519 (3) (3) Common Stock 11,519 $0 11,519 D
Explanation of Responses:
1. Reflects the vesting of restricted stock units granted on March 5, 2025.
2. These shares were surrendered to satisfy the tax obligations related to the settlement of the related equity award.
3. Reflects the vesting of restricted stock units granted on March 6, 2024.
Remarks:
/s/ D. Lyle Williams by John C. Ivascu as Attorney-in-Fact 03/09/2026
** 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 Forum Energy Technologies (FET) CFO David Lyle report on his latest Form 4?

He reported vesting of restricted stock units that converted into common shares on March 5 and 6, 2026. Some of those shares were then surrendered to satisfy tax obligations related to the equity award settlements, rather than sold in open-market transactions.

How many Forum Energy common shares did the CFO receive from RSU vesting?

He received common shares from two RSU vestings: 12,360 shares on March 5, 2026 and 11,519 shares on March 6, 2026. Both conversions occurred at a price of $0.00 per share, reflecting the nature of restricted stock unit awards.

Were the Forum Energy CFO’s reported transactions open-market stock sales?

No, the disposals were coded F, meaning they were share surrenders to pay exercise price or tax liabilities. The filing states these shares were surrendered to satisfy tax obligations related to settlement of the equity awards, not discretionary open-market sales.

How many Forum Energy common shares does the CFO hold after these transactions?

After the March 6, 2026 transactions, the Form 4 shows he directly owned 143,249 shares of common stock. This figure reflects the reported RSU conversions into common shares and the tax-related share surrenders disclosed in the filing.

What prior grants do the vested Forum Energy RSUs relate to?

The March 5, 2026 vesting reflects restricted stock units granted on March 5, 2025, according to a footnote. The March 6, 2026 vesting reflects restricted stock units granted on March 6, 2024, showing a scheduled vesting pattern of previously awarded equity.