STOCK TITAN

Forum Energy (NYSE: FET) CEO updates holdings after RSU vesting and tax share surrenders

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

Rhea-AI Filing Summary

Forum Energy Technologies President & CEO Neal Lux reported equity award activity involving restricted stock units and common stock. On March 5, 2026, 30,900 restricted stock units granted on March 5, 2025 vested and converted into 30,900 common shares, with 12,159 shares surrendered at prices of $57.70 per share to cover tax obligations. On March 6, 2026, 28,797 restricted stock units granted on March 6, 2024 vested and converted into 28,797 common shares, with 11,331 shares surrendered at $57.17 per share for related tax withholding. Following these transactions, Lux directly owned 347,483 shares of Forum Energy Technologies common stock.

Positive

  • None.

Negative

  • None.
Insider Lux Neal
Role President & CEO
Type Security Shares Price Value
Exercise Restricted Stock Units 28,797 $0.00 --
Exercise Common Stock 28,797 $0.00 --
Tax Withholding Common Stock 11,331 $57.17 $648K
Exercise Restricted Stock Units 30,900 $0.00 --
Exercise Common Stock 30,900 $0.00 --
Tax Withholding Common Stock 12,159 $57.70 $702K
Holdings After Transaction: Restricted Stock Units — 28,797 shares (Direct); Common Stock — 358,814 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 associated equity award. Reflects the vesting of restricted stock units granted on March 6, 2024.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
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*
Lux Neal

(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)
President & CEO
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 30,900(1) A $0 342,176 D
Common Stock 03/05/2026 F 12,159(2) D $57.7 330,017 D
Common Stock 03/06/2026 M 28,797(3) A $0 358,814 D
Common Stock 03/06/2026 F 11,331(2) D $57.17 347,483 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 30,900 (1) (1) Common Stock 30,900 $0 61,799 D
Restricted Stock Units (3) 03/06/2026 M 28,797 (3) (3) Common Stock 28,797 $0 28,797 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 associated equity award.
3. Reflects the vesting of restricted stock units granted on March 6, 2024.
Remarks:
/s/ Neal A. Lux 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 insider transactions did FET President & CEO Neal Lux report?

Neal Lux reported vesting of restricted stock units that converted into common stock, plus related tax-withholding share surrenders. The activity reflects equity award settlement rather than open-market buying or selling, and resulted in an updated direct ownership balance in Forum Energy Technologies shares.

How many Forum Energy Technologies RSUs vested for Neal Lux in March 2026?

Neal Lux had 30,900 restricted stock units vest on March 5, 2026 and 28,797 restricted stock units vest on March 6, 2026. These RSUs, originally granted in March 2025 and March 2024, respectively, converted into an equal number of Forum Energy Technologies common shares.

Did Neal Lux sell Forum Energy Technologies (FET) shares in the open market?

The filing shows shares disposed of through tax-withholding, not open-market sales. On both March 5 and March 6, 2026, a portion of newly delivered shares was surrendered to satisfy tax obligations tied to the equity award settlements at specified per-share prices.

What were the tax-withholding share amounts and prices in the FET Form 4?

On March 5, 2026, 12,159 Forum Energy Technologies shares were surrendered at $57.70 per share for tax withholding. On March 6, 2026, 11,331 shares were surrendered at $57.17 per share, also to cover tax obligations associated with the vested restricted stock units.

What is Neal Lux’s direct ownership in FET after these equity transactions?

After the reported vesting and tax-withholding transactions, Neal Lux directly owned 347,483 shares of Forum Energy Technologies common stock. This updated figure reflects net shares retained following conversion of restricted stock units and the surrender of shares to meet related tax liabilities.

Were the RSUs in the FET Form 4 newly granted or previously awarded?

The restricted stock units that vested in March 2026 were previously granted awards. Footnotes state the 30,900 units vesting on March 5, 2026 were granted March 5, 2025, and the 28,797 units vesting on March 6, 2026 were granted March 6, 2024.