Forum Energy (NYSE: FET) SVP nets 8,619 shares after equity awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FORUM ENERGY TECHNOLOGIES, INC. SVP Operations Steven Pounds reported equity award activity on common stock. On February 17, 2026, he acquired a total of 14,461 shares of common stock through the vesting and settlement of restricted stock units and previously certified performance restricted stock units.
On the same date, he surrendered 5,842 shares of common stock at $50.59 per share to satisfy the tax obligations related to the settlement of the associated equity awards. After these transactions, he directly owned 17,897 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
14,461 shares exercised/converted
Mixed
15 txns
Insider
Pounds Steven
Role
SVP Operations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,078 | $0.00 | -- |
| Exercise | Performance Restricted Stock Units | 1,887 | $0.00 | -- |
| Exercise | Performance Restricted Stock Units | 5,316 | $0.00 | -- |
| Exercise | Performance Restricted Stock Units | 3,090 | $0.00 | -- |
| Exercise | Performance Restricted Stock Units | 3,090 | $0.00 | -- |
| Exercise | Common Stock | 1,078 | $0.00 | -- |
| Tax Withholding | Common Stock | 424 | $50.59 | $21K |
| Exercise | Common Stock | 1,887 | $0.00 | -- |
| Tax Withholding | Common Stock | 842 | $50.59 | $43K |
| Exercise | Common Stock | 5,316 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,146 | $50.59 | $109K |
| Exercise | Common Stock | 3,090 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,215 | $50.59 | $61K |
| Exercise | Common Stock | 3,090 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,215 | $50.59 | $61K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Performance Restricted Stock Units — 0 shares (Direct);
Common Stock — 10,356 shares (Direct)
Footnotes (1)
- Reflects the vesting of restricted stock units granted on February 17, 2023. These shares were surrendered to satisfy the tax obligations related to the settlement of the associated equity award. Reflects the settlement of previously certified performance restricted stock units.
FAQ
What did FET SVP Steven Pounds report in this Form 4 filing?
Steven Pounds reported equity award activity involving common stock of FORUM ENERGY TECHNOLOGIES, INC. (FET). Restricted stock units and performance restricted stock units vested and settled into common shares, and some of those shares were surrendered to cover related tax obligations.
What is Steven Pounds’ direct ownership in FET after these transactions?
Following the reported transactions, Steven Pounds directly owned 17,897 shares of Forum Energy Technologies common stock. This figure reflects the combination of shares acquired from equity award vesting and settlement, minus the shares surrendered to meet withholding tax obligations on those awards.
What types of equity awards did Steven Pounds have with Forum Energy Technologies (FET)?
Steven Pounds held restricted stock units and performance restricted stock units. The filing notes vesting of restricted stock units granted on February 17, 2023 and settlement of previously certified performance restricted stock units, which together converted into shares of common stock on February 17, 2026.