BlackRock (NYSE: BLK) discloses 7.0% beneficial stake in Forum Energy (FET)
Rhea-AI Filing Summary
BlackRock, Inc. filed Amendment No. 3 reporting its beneficial ownership of common stock of Forum Energy Technologies, Inc. BlackRock reports beneficial ownership of 794,999 shares of common stock, representing 7.0% of the outstanding class.
BlackRock has sole voting power over 780,451 shares and sole dispositive power over 794,999 shares, with no shared voting or dispositive power. Various underlying clients and accounts have rights to dividends or sale proceeds, but no such person holds more than five percent of the outstanding common shares.
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Key Figures
Beneficially owned shares: 794,999 shares
Ownership percentage: 7.0%
Sole voting power: 780,451 shares
+4 more
7 metrics
Beneficially owned shares
794,999 shares
Common stock of Forum Energy Technologies reported by BlackRock
Ownership percentage
7.0%
Percent of Forum Energy Technologies common stock class owned by BlackRock
Sole voting power
780,451 shares
Shares of Forum Energy Technologies over which BlackRock has sole voting power
Shared voting power
0 shares
Shares of Forum Energy Technologies with shared voting power reported by BlackRock
Sole dispositive power
794,999 shares
Shares of Forum Energy Technologies over which BlackRock has sole dispositive power
Shared dispositive power
0 shares
Shares of Forum Energy Technologies with shared dispositive power reported by BlackRock
Signature date
07/28/2026
Date Spencer Fleming signed the ownership report as Managing Director
Key Terms
beneficially owned, sole dispositive power, sole voting power, percent of class, +1 more
5 terms
beneficially owned financial
"this reflects the securities beneficially owned, or deemed to be beneficially owned"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole dispositive power financial
"Sole Dispositive Power 794,999.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
sole voting power financial
"Sole Voting Power 780,451.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
percent of class financial
"Percent of class: 7.0 %"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
parent holding company financial
"If a parent holding company has filed this schedule"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of Forum Energy Technologies (FET) is owned by BlackRock?
BlackRock reports beneficial ownership of 7.0% of Forum Energy Technologies’ common stock. This stake corresponds to 794,999 shares as disclosed in Amendment No. 3 to its ownership report.
Do any BlackRock clients individually own over 5% of Forum Energy Technologies (FET)?
No. The filing states that various persons may receive dividends or sale proceeds, but no one person’s interest in Forum Energy Technologies common stock exceeds five percent of the total outstanding shares.
Who signed BlackRock’s ownership report for Forum Energy Technologies (FET)?
The report was signed by Spencer Fleming, a Managing Director at BlackRock. The signature date is disclosed as 07/28/2026 in the ownership amendment.
What type of power does BlackRock have over its Forum Energy Technologies (FET) position?
BlackRock reports sole voting power over 780,451 shares and sole dispositive power over 794,999 shares, with zero shared voting and zero shared dispositive power in the position.