Forum Energy SVP vests RSUs, surrenders shares
Forum Energy Technologies SVP Operations Steven Pounds reported equity award activity involving restricted stock units and common shares.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,658 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,658 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,045 | $57.17 | $60K |
| Exercise | Restricted Stock Units | 3,090 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,090 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,215 | $57.70 | $70K |
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 insider transactions did FET SVP Steven Pounds report on this Form 4?
How many Forum Energy (FET) restricted stock units vested for Steven Pounds?
What do the Form 4 codes M and F mean in the FET filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.