Dimensional Fund Advisors (NYSE: FET) discloses 5.2% stake in Forum Energy
Rhea-AI Filing Summary
Forum Energy Technologies Inc reported that institutional investor Dimensional Fund Advisors LP holds a significant stake in its common stock. As of the ownership event dated 12/31/2025, Dimensional is deemed to beneficially own 593,136 shares of Forum Energy Technologies common stock, representing 5.2% of the outstanding class. Dimensional has sole power to vote 581,712 shares and sole power to dispose of 593,136 shares, with no shared voting or dispositive power.
The filing explains that these shares are actually owned by various funds and accounts advised or managed by Dimensional and its subsidiaries, and Dimensional disclaims beneficial ownership except for reporting purposes under Section 13(d). The firm also certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Forum Energy Technologies.
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FAQ
What percentage of Forum Energy Technologies (FET) does Dimensional Fund Advisors LP own?
Dimensional Fund Advisors LP is deemed to beneficially own 5.2% of Forum Energy Technologies Inc's common stock as of the event date reported.
How many Forum Energy Technologies (FET) shares are reported by Dimensional Fund Advisors LP?
Dimensional Fund Advisors LP reports beneficial ownership of 593,136 shares of Forum Energy Technologies Inc common stock, with sole voting power over 581,712 of those shares.
Who actually owns the FET shares reported by Dimensional Fund Advisors LP?
The shares are owned by various funds and accounts advised or managed by Dimensional Fund Advisors LP or its subsidiaries. Dimensional may be deemed a beneficial owner for reporting purposes but disclaims beneficial ownership of the securities.
Is Dimensional Fund Advisors LP seeking to influence control of Forum Energy Technologies (FET)?
No. Dimensional certifies that the FET securities were acquired and are held in the ordinary course of business and not for the purpose or effect of changing or influencing control of the company.
What type of reporting person is Dimensional Fund Advisors LP in this FET Schedule 13G?
Dimensional Fund Advisors LP is classified as an investment adviser (IA) under the relevant SEC rules for this Schedule 13G filing.
Does any single fund advised by Dimensional hold more than 5% of Forum Energy Technologies (FET)?
No. The filing states that, to Dimensional's knowledge, the interest of any one such fund does not exceed 5% of the FET common stock class.