Welcome to our dedicated page for Forum Energy Technologies SEC filings (Ticker: FET), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Forum Energy Technologies, Inc. filings document a public manufacturing company with common stock traded under the FET symbol and operations tied to oil, natural gas, defense, and renewable energy markets. Its 8-K reports include quarterly earnings releases, segment performance disclosures, and reconciliations for non-GAAP measures such as EBITDA, adjusted EBITDA, adjusted operating income, adjusted net income, free cash flow, book-to-bill ratio, and net leverage ratio.
The company’s SEC filings also cover material definitive agreements, including amendments to its senior secured asset-based lending credit facility, related debt-obligation disclosures, proxy materials for annual stockholder meetings, director elections and appointments, board committee matters, executive compensation, equity awards, governance policies, and stockholder voting items.
FORUM ENERGY TECHNOLOGIES, INC. executive John C. Ivascu both sold common shares and received new stock-based compensation. He sold 4,392 shares of common stock in an open-market transaction at a weighted average price of $60.01 per share, with individual trades between $60.00 and $60.29, and held 81,599 common shares afterward. He was also granted 7,241 restricted stock units under the company’s 2016 Stock and Incentive Plan; each unit represents one future share of common stock and vests in three equal installments on the first, second, and third anniversaries of March 3, 2026, and carries dividend equivalent rights.
Lux Neal reported acquisition or exercise transactions in this Form 4 filing.
Forum Energy Technologies, Inc. reported an insider equity award for its President & CEO, Neal Lux. He received 29,813 restricted stock units (RSUs) on March 3, 2026 under the company’s Second Amended and Restated 2016 Stock and Incentive Plan.
Each RSU represents a contingent right to receive one share of common stock. The RSUs vest in three equal installments, with one-third vesting on each of the first, second, and third anniversaries of March 3, 2026. The award also carries dividend equivalent rights, so Lux will be credited with the same dividends that would be paid if the underlying shares were already outstanding, with those credited dividends paid when the shares are issued.
Forum Energy Technologies describes its 2025 business, markets and key risks. The company is a global manufacturer serving oil, natural gas, defense and renewable energy customers, with about 80% of 2025 revenue from consumable and activity-based equipment and the rest from capital products, rentals and services.
Operations are organized into Drilling & Completions and Artificial Lift & Downhole segments, covering drilling tools, subsea ROVs, pressure pumping equipment, coiled tubing, sand and flow control, production equipment and industrial valves. Backlog rose to $311.6 million at December 31, 2025 from $213.5 million a year earlier, and bookings were $891.0 million versus $780.3 million.
The company highlights diversified customers, no single buyer over 10% of revenue, and a workforce of about 1,700 employees worldwide. It also outlines extensive risk factors, including commodity price volatility, supplier dependence, regulation (including hydraulic fracturing and environmental rules), cybersecurity, tariffs and litigation exposure.
FET: Notice of proposed sale of Common Stock through Fidelity Brokerage Services LLC.
The filing lists security entries under "Securities To Be Sold" showing multiple stock award grant dates and numeric entries (for example, 12/31/2013 with 26; 12/31/2014 with 14; 06/30/2015 with 30; 12/31/2015 with 32; 02/21/2023 with 1036; 02/19/2023 with 3228). The filing names Fidelity Brokerage Services LLC and shows a date of 02/26/2026 and NYSE as the exchange.
Forum Energy Technologies reported fourth quarter 2025 revenue of $202.2 million with net income of $2.1 million, or $0.17 per diluted share. Adjusted net income was $5.0 million, or about $0.41 per diluted share, and adjusted EBITDA was $23 million.
For full year 2025, revenue was $791.5 million with a GAAP net loss of $9.7 million, but adjusted net income reached $7.4 million and adjusted EBITDA was $86.4 million. The company generated about $80 million of free cash flow, repurchased 1.4 million shares (11% of shares outstanding) for $35 million, and reduced net leverage to 1.2x. 2026 guidance calls for revenue of $800–$880 million, adjusted net income of $18–$38 million, adjusted EBITDA of $90–$110 million, and free cash flow of $55–$75 million.
Forum Energy Technologies senior vice president and chief human resources officer Michael Dewayne Danford reported multiple equity award transactions. On February 17, 2026, restricted stock units and performance-based units vested and were settled into common stock through derivative exercises at $0.00 per share. Some of the resulting common shares, including blocks at $50.5900 per share, were surrendered to satisfy tax obligations tied to these awards. After these transactions, Danford directly owned 52,681 shares of common stock.
Forum Energy Technologies President & CEO Neal Lux reported multiple equity award settlements on February 17, 2026. Restricted stock units granted on February 17, 2023 vested, and previously certified performance restricted stock units were settled into common stock, resulting in the acquisition of about 157,710 shares at a stated price of $0.00 per share.
To satisfy tax obligations from these equity settlements, Lux surrendered approximately 62,162 common shares at a price of $50.59 per share, described as tax-withholding dispositions rather than open-market sales. After these transactions, Lux directly held 311,276 shares of Forum Energy Technologies common stock.
FORUM ENERGY TECHNOLOGIES, INC. senior vice president Mark Brookes reported equity award activity involving restricted stock units and performance restricted stock units on February 17, 2026. The filing shows vesting and settlement of previously granted units into shares of common stock at an exercise price of $0.00 per share.
To cover related tax obligations, Brookes surrendered portions of the newly delivered common shares at $50.59 per share, classified as tax-withholding dispositions rather than open-market sales. Following these conversions and tax withholdings, he directly owned 22,547 shares of Forum Energy common stock.
Forum Energy Technologies VP & Chief Accounting Officer Katherine Campbell Keller reported multiple equity award transactions on February 17, 2026. She exercised performance restricted stock units into common stock at $0.00 per share and surrendered portions of the resulting shares at $50.59 per share to satisfy related tax obligations.
Forum Energy Technologies EVP and CFO David Lyle Jr. reported multiple equity award transactions dated February 17, 2026. Restricted stock units granted on February 17, 2023 vested and previously certified performance restricted stock units settled into shares of common stock at a conversion price of $0.00 per share.
To cover related tax obligations, Lyle surrendered portions of the newly issued common shares in several tax-withholding dispositions at $50.59 per share. Following these equity award settlements and tax withholdings, he directly owned 128,765 shares of Forum Energy Technologies common stock.