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Director at Forum Energy (NYSE: FET) granted 2,556 restricted stock units

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

Rhea-AI Filing Summary

ROWSEY PAUL E III reported acquisition or exercise transactions in this Form 4 filing.

FORUM ENERGY TECHNOLOGIES, INC. director Paul E. Rowsey III received an equity grant of 2,556 restricted stock units representing common stock. The award was granted at no cash cost and will vest in full on the one-year anniversary of the grant date, subject to the plan’s accelerated vesting provisions. Following this grant, he holds 25,627 shares of common stock, including this award. The restricted stock units carry dividend equivalent rights, giving him the same cash dividends that would be paid on the underlying common shares while the units are unvested.

Positive

  • None.

Negative

  • None.
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*
ROWSEY PAUL E III

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026
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 03/03/2026 A 2,556(1) A $0 25,627 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
Explanation of Responses:
1. Represents an award of restricted stock units under the Forum Energy Technologies, Inc. 2016 Second Amended and Restated Stock and Incentive Plan (the "Plan"). Each restricted stock unit is subject to transferability and other restrictions that lapse upon vesting of the restricted stock unit. The restricted stock unit award vests in full on the one-year anniversary of the date of grant, subject to accelerated vesting of the entire award (as defined in the Plan). The restricted stock unit agreement also includes dividend equivalent rights that entitle the reporting person to the same dividends that would be payable were the shares of common stock underlying the restricted stock units actually outstanding at the time such dividends were issued.
Remarks:
/s/ Paul E. Rowsey III by John C. Ivascu as Attorney-in-Fact 03/04/2026
** 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 transaction did FET director Paul E. Rowsey III report?

Paul E. Rowsey III reported receiving an award of 2,556 restricted stock units representing Forum Energy Technologies common stock. The grant is a form of equity compensation under the company’s 2016 Second Amended and Restated Stock and Incentive Plan, not an open-market stock purchase.

At what price were the Forum Energy Technologies (FET) shares granted to the director?

The 2,556 restricted stock units granted to the director were recorded at a per-share transaction price of $0.0000, indicating no cash was paid for the award. This reflects a standard equity compensation grant rather than a market transaction or purchase.

When do the newly granted FET restricted stock units vest?

The restricted stock unit award vests in full on the one-year anniversary of the grant date. Vesting is also subject to potential accelerated vesting of the entire award as defined under the Forum Energy Technologies 2016 Second Amended and Restated Stock and Incentive Plan.

How many Forum Energy Technologies shares does the director hold after this transaction?

After receiving the 2,556 restricted stock units, Paul E. Rowsey III is shown as owning a total of 25,627 shares of Forum Energy Technologies common stock in this filing. This total includes the newly awarded restricted stock unit grant.

What dividend rights are attached to the new FET restricted stock unit grant?

The restricted stock unit agreement includes dividend equivalent rights. This entitles the director to receive the same dividends that would be paid if the underlying Forum Energy Technologies common shares were outstanding, for as long as the restricted stock units remain unvested.

Under which plan were the Forum Energy Technologies restricted stock units granted?

The 2,556 restricted stock units were granted under the Forum Energy Technologies, Inc. 2016 Second Amended and Restated Stock and Incentive Plan. This plan governs the grant terms, vesting schedule, accelerated vesting conditions, and associated dividend equivalent rights.

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