Forum Energy Technologies (FET) VP granted 2,769 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Forum Energy Technologies reported that VP & Chief Accounting Officer Katherine Campbell Keller acquired an award of 2,769 restricted stock units under the company’s Second Amended and Restated 2016 Stock and Incentive Plan. Each unit represents a right to receive one share of common stock, vesting in three equal installments 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 issued.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Keller Katherine Campbell
Role
VP & Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,769 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,769 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did FET report for Katherine Campbell Keller?
Forum Energy Technologies reported an equity award to Katherine Campbell Keller. She received 2,769 restricted stock units, each convertible into one share of common stock, granted under the company’s Second Amended and Restated 2016 Stock and Incentive Plan.
How many restricted stock units were granted in the latest FET Form 4?
The Form 4 shows a grant of 2,769 restricted stock units. These units represent a contingent right to receive the same number of Forum Energy Technologies common shares, subject to a three-year, time-based vesting schedule tied to anniversaries of March 3, 2026.
What is the vesting schedule for Katherine Campbell Keller’s FET RSU award?
The RSUs vest in three equal parts over three years. One-third vests on each of the first, second, and third anniversaries of March 3, 2026, assuming continued service and satisfaction of any plan conditions set by Forum Energy Technologies.
Do the FET restricted stock units include dividend equivalent rights?
Yes, the restricted stock units include dividend equivalent rights. Keller is entitled to the same dividends as if the underlying shares were outstanding, with credited dividends paid when the corresponding common stock shares are ultimately issued to her.
Under which plan were Katherine Campbell Keller’s FET RSUs granted?
The award was granted under Forum Energy Technologies’ Second Amended and Restated 2016 Stock and Incentive Plan. This plan governs the terms of equity incentives such as restricted stock units, including vesting conditions and associated dividend equivalent rights.
What role does Katherine Campbell Keller hold at Forum Energy Technologies (FET)?
Katherine Campbell Keller serves as Vice President and Chief Accounting Officer. Her Form 4 filing reflects an equity incentive award of 2,769 restricted stock units, aligning part of her compensation with the performance of Forum Energy Technologies’ common stock.