FET CEO reports RSU vesting and tax share surrenders
Forum Energy Technologies President & CEO Neal Lux reported equity award activity involving restricted stock units and common stock.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 28,797 | $0.00 | $0.00 |
| Exercise | Common Stock | 28,797 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 11,331 | $57.17 | $648K |
| Exercise | Restricted Stock Units | 30,900 | $0.00 | $0.00 |
| Exercise | Common Stock | 30,900 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 12,159 | $57.70 | $702K |
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 associated 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 President & CEO Neal Lux report?
How many Forum Energy Technologies RSUs vested for Neal Lux in March 2026?
What is Neal Lux’s direct ownership in FET after these equity transactions?
Were the RSUs in the FET Form 4 newly granted or previously awarded?
AI-generated analysis. How Rhea-AI works. Not financial advice.