Forum Energy SVP receives 3,621 RSUs
Brookes Mark reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Brookes Mark reported acquisition or exercise transactions in this Form 4 filing.
Forum Energy Technologies senior vice president Mark Brookes received a grant of 3,621 restricted stock units under the company’s 2016 Stock and Incentive Plan. Each unit equals one share of common stock and vests in three equal installments on the first, second, and third anniversaries of March 3, 2026, with dividend equivalents paid when shares are issued.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,621 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents an award of restricted stock units (the "RSUs") granted pursuant to the Company's Second Amended and Restated 2016 Stock and Incentive Plan (the "Plan"). Each RSU represents a contingent right to receive one share of Common Stock. The RSUs vest as to 1/3 on each of the first, second and third anniversaries of March 3, 2026. The RSUs also include dividend equivalent rights that entitle the reporting person to the same dividends that would be payable were the shares of Common Stock underlying the RSUs outstanding at the time such dividends were issued. The credited dividends will be paid concurrently with the issuance of the shares of Common Stock to the reporting person.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Forum Energy Technologies (FET) report for Mark Brookes?
How many restricted stock units did FET grant to its SVP Mark Brookes?
What is the vesting schedule for Mark Brookes’ 3,621 RSUs at FET?
Do the restricted stock units granted to FET’s SVP include dividend equivalents?
What plan governs the RSU grant to Mark Brookes at Forum Energy Technologies (FET)?
Was there any purchase price for the 3,621 RSUs granted to FET’s SVP?
AI-generated analysis. How Rhea-AI works. Not financial advice.