34.5M Forgent Power Solutions (FPS) shares sold by affiliates

Rhea-AI Filing Summary

Forgent Power Solutions, Inc. insider entities reported a large net sale of Class A common stock. On March 30, 2026, they disposed of 10,783,205 Opco LLC Interests to the issuer and simultaneously acquired 10,783,205 Class A common shares at a reported price of $0.00 per share. The same date, they reported an open-market or private sale of 34,500,000 Class A shares, leaving 145,218,850 Class A shares held indirectly and 46,756 Class A shares held directly after the transactions.

Insights

Equity ownership & governance analyst

Large affiliated holders reshuffled and sold a significant block of Forgent Power shares.

The filing shows entities affiliated with Neos Partners, LP and several Forgent Parent partnerships and LLCs disposing of 10,783,205 Opco LLC Interests to the issuer and receiving an equal number of Class A common shares.

On the same date, these affiliated holders reported an open-market or private sale of 34,500,000 Class A shares, while retaining 145,218,850 Class A shares indirectly plus a direct holding of 46,756 shares. This indicates a sizeable reduction but leaves a substantial continuing stake.

No remaining derivative positions are listed in the derivative summary, and the pricing mechanics beyond the reported $0.00 entries are not detailed in the provided data. Future ownership updates would be expected through subsequent beneficial ownership and insider reports.

Insider Trade Summary

4 transactions reported

Net Sell 4 txns

Insider Neos Partners, LP, Forgent Parent I LP, Forgent Parent II LP, Forgent Parent III LP, Forgent Parent IV LP, Forgent Parent I GP LLC, Forgent Parent II GP LLC, Forgent Parent III GP LLC, Forgent Parent IV GP LLC

Role Director, 10% Owner | Director, 10% Owner | Director, 10% Owner | Director, 10% Owner | Director, 10% Owner | Director, 10% Owner | Director, 10% Owner | Director, 10% Owner | Director, 10% Owner

Sold 34,500,000 shs ($0.00)

Type	Security	Shares	Price	Value
Disposition	Opco LLC Interests	10,783,205	$0.00	--
Grant/Award	Class A common stock	10,783,205	$0.00	--
Sale	Class A common stock	34,500,000	$0.00	--
holding	Class A common stock	--	--	--

Holdings After Transaction: Opco LLC Interests — 60,310,039 shares (Indirect, See Notes); Class A common stock — 179,718,850 shares (Indirect, See Notes); Class A common stock — 46,756 shares (Direct)

Footnotes (1)

1. See Exhibit 99.1 for text of footnote (1). See Exhibit 99.1 for text of footnote (2). See Exhibit 99.1 for text of footnote (3). See Exhibit 99.1 for text of footnote (4). See Exhibit 99.1 for text of footnote (5). See Exhibit 99.1 for text of footnote (6.) See Exhibit 99.1 for text of footnote (7). See Exhibit 99.1 for text of footnote (8). See Exhibit 99.1 for text of footnote (9). See Exhibit 99.1 for text of footnote (10). See Exhibit 99.1 for text of footnote (11).

Key Figures

Opco LLC Interests disposed: 10,783,205 interests Class A shares acquired: 10,783,205 shares Class A shares sold: 34,500,000 shares +3 more

6 metrics

Opco LLC Interests disposed 10,783,205 interests Disposition to issuer on March 30, 2026

Class A shares acquired 10,783,205 shares Grant/award acquisition on March 30, 2026

Class A shares sold 34,500,000 shares Open-market or private sale on March 30, 2026

Indirect Class A holdings after 145,218,850 shares Indirect ownership following reported transactions

Opco LLC Interests after 60,310,039 interests Remaining Opco LLC Interests after disposition

Direct Class A holdings after 46,756 shares Direct ownership entry marked as holding

Key Terms

Opco LLC Interests, Class A common stock, disposition to issuer, Grant, award, or other acquisition, +1 more

5 terms

Opco LLC Interests financial

"security_title: "Opco LLC Interests""

Class A common stock financial

"security_title: "Class A common stock""

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

disposition to issuer financial

"transaction_code_description: "Disposition to issuer""

Grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

Sale in open market or private transaction financial

"transaction_code_description: "Sale in open market or private transaction""

Form 4 Insider Transactions: What Each Field Means →

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^*

Neos Partners, LP

(Last) (First) (Middle)

12400 HIGH BLUFF DRIVE, SUITE 650

(Street)

SAN DIEGO CALIFORNIA 92130

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Forgent Power Solutions, Inc. [ FPS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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
Class A common stock	03/30/2026		A(2)		10,783,205(3)	A	(2)	179,718,850(4)	I	See Notes(1)(10)(11)
Class A common stock	03/30/2026		S		34,500,000(5)	D	(6)	145,218,850(7)	I	See Notes(1)(10)(11)
Class A common stock								46,756(8)	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
Opco LLC Interests	(2)	03/30/2026		D			10,783,205(3)	(2)	(2)	Class A Common Stock(2)	10,783,205(3)	(2)	60,310,039(9)	I	See Notes(1)(10)(11)

1. Name and Address of Reporting Person^*

Neos Partners, LP

(Last) (First) (Middle)

12400 HIGH BLUFF DRIVE, SUITE 650

(Street)

SAN DIEGO CALIFORNIA 92130

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Forgent Parent I LP

(Last) (First) (Middle)

12400 HIGH BLUFF DRIVE, SUITE 650

(Street)

SAN DIEGO CALIFORNIA 92130

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Forgent Parent II LP

(Last) (First) (Middle)

12400 HIGH BLUFF DRIVE, SUITE 650

(Street)

SAN DIEGO CALIFORNIA 92130

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Forgent Parent III LP

(Last) (First) (Middle)

12400 HIGH BLUFF DRIVE, SUITE 650

(Street)

SAN DIEGO CALIFORNIA 92130

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Forgent Parent IV LP

(Last) (First) (Middle)

12400 HIGH BLUFF DRIVE, SUITE 650

(Street)

SAN DIEGO CALIFORNIA 92130

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Forgent Parent I GP LLC

(Last) (First) (Middle)

12400 HIGH BLUFF DRIVE, SUITE 650

(Street)

SAN DIEGO CALIFORNIA 92130

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Forgent Parent II GP LLC

(Last) (First) (Middle)

12400 HIGH BLUFF DRIVE, SUITE 650

(Street)

SAN DIEGO CALIFORNIA 92130

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Forgent Parent III GP LLC

(Last) (First) (Middle)

12400 HIGH BLUFF DRIVE, SUITE 650

(Street)

SAN DIEGO CALIFORNIA 92130

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Forgent Parent IV GP LLC

(Last) (First) (Middle)

12400 HIGH BLUFF DRIVE, SUITE 650

(Street)

SAN DIEGO CALIFORNIA 92130

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

Explanation of Responses:

1. See Exhibit 99.1 for text of footnote (1).

2. See Exhibit 99.1 for text of footnote (2).

3. See Exhibit 99.1 for text of footnote (3).

4. See Exhibit 99.1 for text of footnote (4).

5. See Exhibit 99.1 for text of footnote (5).

6. See Exhibit 99.1 for text of footnote (6.)

7. See Exhibit 99.1 for text of footnote (7).

8. See Exhibit 99.1 for text of footnote (8).

9. See Exhibit 99.1 for text of footnote (9).

10. See Exhibit 99.1 for text of footnote (10).

11. See Exhibit 99.1 for text of footnote (11).

Remarks:

Exhibit 99.1 (Footnotes) and Exhibit 99.2 (Joint Filer Information and Signatures) are incorporated herein by reference. This Form 4 is the first of three identical Form 4s filed relating to the same event. The Form 4 has been split into three filings because there are more than 10 Reporting Persons in total, and the SEC's EDGAR filing system limits a single Form 4 to a maximum of 10 Reporting Persons. Each Form 4 is filed by Designated Filer, Neos Partners, LP.

	NEOS PARTNERS, LP, By: See Exhibit 99.2 for Signatures	04/01/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did insider affiliates of FPS report in this Form 4 filing?

Insider-affiliated entities of Forgent Power Solutions (FPS) reported restructuring and sales of equity. They exchanged 10,783,205 Opco LLC Interests for the same number of Class A shares and sold 34,500,000 Class A shares, while retaining a large indirect stake.

How many Forgent Power Solutions (FPS) shares were sold by insider affiliates?

Affiliated holders reported selling 34,500,000 shares of Forgent Power Solutions Class A common stock. The transaction is labeled as a sale in open market or private transaction, indicating a sizable disposition from their previously larger indirect ownership position in the company.

How many Forgent Power Solutions (FPS) shares do the reporting entities hold after the transactions?

After the reported transactions, affiliated reporting entities hold 145,218,850 Class A shares indirectly and 46,756 Class A shares directly. This shows that, despite a large sale, these holders still maintain a substantial ownership position in Forgent Power Solutions.

What happened to Opco LLC Interests held by Forgent Power Solutions affiliates?

The filing shows a disposition of 10,783,205 Opco LLC Interests to the issuer at a reported $0.00 price. In connection, the entities acquired 10,783,205 Forgent Power Class A shares, effectively converting part of their Opco LLC Interests into listed equity.

Were there any derivative securities remaining after the FPS insider transactions?

The derivativeSummary section is empty, indicating no remaining derivative positions, such as options or similar instruments, are reported in this Form 4. The key positions disclosed are Opco LLC Interests and Class A common stock holdings following the transactions.