Forum Energy (NYSE: FET) SVP vests RSUs, uses shares for tax

Rhea-AI Filing Summary

Forum Energy Technologies SVP Operations Steven Pounds reported equity award activity involving restricted stock units and common shares. On March 5, 2026, 3,090 restricted stock units vested and were converted into common stock, with 1,215 shares delivered to cover tax obligations.

On March 6, 2026, an additional 2,658 restricted stock units vested and converted, with 1,045 shares similarly surrendered for taxes. Following these transactions, Pounds directly held 21,385 shares of common stock and 6,180 restricted stock units. The dispositions were for tax withholding, not open-market sales.

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^*

Pounds Steven

(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)
	SVP Operations

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		3,090(1)	A	$0	20,987	D
Common Stock	03/05/2026		F		1,215(2)	D	$57.7	19,772	D
Common Stock	03/06/2026		M		2,658(3)	A	$0	22,430	D
Common Stock	03/06/2026		F		1,045(2)	D	$57.17	21,385	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			3,090	(1)	(1)	Common Stock	3,090	$0	6,180	D
Restricted Stock Units	(3)	03/06/2026		M			2,658	(3)	(3)	Common Stock	2,658	$0	2,658	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/ Steven Pounds 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.
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FAQ

What insider transactions did FET SVP Steven Pounds report on this Form 4?

Steven Pounds reported vesting of restricted stock units and related share dispositions for taxes. RSUs converted into common shares on March 5 and 6, 2026, with a portion of the resulting stock surrendered to satisfy tax obligations tied to those equity awards.

How many Forum Energy (FET) restricted stock units vested for Steven Pounds?

A total of 5,748 restricted stock units vested for Steven Pounds. This included 3,090 units granted March 5, 2025 and 2,658 units granted March 6, 2024, which were each converted into shares of Forum Energy Technologies common stock upon vesting.

Did Steven Pounds sell Forum Energy (FET) shares in the open market?

The Form 4 shows dispositions coded "F," indicating shares were surrendered to cover tax obligations. 1,215 shares at $57.70 and 1,045 shares at $57.17 were delivered for taxes, rather than representing discretionary open-market sales by the executive.

What is Steven Pounds’ Forum Energy (FET) share ownership after these transactions?

After the reported transactions, Steven Pounds directly held 21,385 shares of Forum Energy common stock. He also held 6,180 restricted stock units following the vesting events, reflecting his remaining unvested or unsettled equity awards with the company after these conversions.

What do the Form 4 codes M and F mean in the FET filing?

Code M reflects the exercise or conversion of derivative securities, in this case restricted stock units vesting into common stock. Code F indicates shares delivered to pay the exercise price or satisfy tax liabilities, showing tax-withholding dispositions rather than ordinary market sales.