Forum Energy (NYSE: FET) SVP nets 8,619 shares after equity awards

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.

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)
02/17/2026

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	02/17/2026		M		1,078(1)	A	$0	10,356	D
Common Stock	02/17/2026		F		424(2)	D	$50.59	9,932	D
Common Stock	02/17/2026		M		1,887(3)	A	$0	11,819	D
Common Stock	02/17/2026		F		842(2)	D	$50.59	10,977	D
Common Stock	02/17/2026		M		5,316(3)	A	$0	16,293	D
Common Stock	02/17/2026		F		2,146(2)	D	$50.59	14,147	D
Common Stock	02/17/2026		M		3,090(3)	A	$0	17,237	D
Common Stock	02/17/2026		F		1,215(2)	D	$50.59	16,022	D
Common Stock	02/17/2026		M		3,090(3)	A	$0	19,112	D
Common Stock	02/17/2026		F		1,215(2)	D	$50.59	17,897	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)	02/17/2026		M			1,078	(1)	(1)	Common Stock	1,078	$0	0	D
Performance Restricted Stock Units	(3)	02/17/2026		M			1,887	(3)	(3)	Common Stock	1,887	$0	0	D
Performance Restricted Stock Units	(3)	02/17/2026		M			5,316	(3)	(3)	Common Stock	5,316	$0	0	D
Performance Restricted Stock Units	(3)	02/17/2026		M			3,090	(3)	(3)	Common Stock	3,090	$0	0	D
Performance Restricted Stock Units	(3)	02/17/2026		M			3,090	(3)	(3)	Common Stock	3,090	$0	0	D

Explanation of Responses:

1. Reflects the vesting of restricted stock units granted on February 17, 2023.

2. These shares were surrendered to satisfy the tax obligations related to the settlement of the associated equity award.

3. Reflects the settlement of previously certified performance restricted stock units.

Remarks:

	/s/ Steven Pounds by John C. Ivascu as Attorney-in-Fact	02/19/2026
	** 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 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.

How many Forum Energy (FET) shares did Steven Pounds acquire on February 17, 2026?

On February 17, 2026, Steven Pounds acquired 14,461 shares of common stock in total. These shares resulted from the vesting of restricted stock units and the settlement of previously certified performance restricted stock units granted under the company’s equity compensation programs.

How many FET shares were surrendered by Steven Pounds for tax obligations?

Steven Pounds surrendered 5,842 shares of common stock at $50.59 per share. According to the disclosure, these shares were surrendered to satisfy the tax obligations related to the settlement of the associated equity awards received under Forum Energy Technologies’ compensation arrangements.

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.

Were the FET share dispositions by Steven Pounds open-market sales?

The dispositions were reported with transaction code F, indicating tax-withholding transactions rather than open-market sales. The filing states these shares were surrendered to satisfy tax obligations arising from the settlement of equity awards, not discretionary sales into the public market.

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.