Form 4: Director Leslie Ann Beyer Acquires FET Restricted Stock

FORUM ENERGY TECHNOLOGIES, INC. Director Leslie Ann Beyer was granted 3,802 shares of restricted common stock valued at $39.46 per share, vesting in one year.

Summary

• Leslie Ann Beyer, a Director of FORUM ENERGY TECHNOLOGIES, INC. (FET), acquired 3,802 shares of common stock.
• The transaction occurred on January 12, 2026.
• The acquisition was an award of restricted stock under the company's 2016 Second Amended and Restated Stock and Incentive Plan.
• Each share of restricted stock has a par value of $0.01 and was valued at $39.46 per share at the time of the award.
• The total value of the restricted stock award is approximately $149,999.92 (3,802 shares * $39.46/share).
• The restricted stock award vests in full on the one-year anniversary of the grant date, which is January 12, 2027.
• Accelerated vesting of the entire award will occur upon a Change in Control, as defined in the Plan.
• The restricted stock agreement includes dividend and voting rights.
• Following this transaction, Leslie Ann Beyer beneficially owns 3,802 shares of common stock directly.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive. While a routine compensation event, it signifies continued alignment of a director's interests with shareholder value through equity ownership, which is generally viewed favorably.

Positives

• The award of restricted stock to a Director aligns management's interests with those of shareholders, as the value of the award is tied to the company's stock performance.
• The inclusion of dividend and voting rights for the restricted stock provides the Director with immediate economic and governance participation, further incentivizing long-term commitment.

Negatives

• The acquisition is an equity award rather than an open market purchase, meaning it does not represent a direct cash investment by the Director into the company's stock at market price.

Risks

• The restricted stock award is subject to transferability and other restrictions that lapse only upon vesting, meaning the Director cannot freely sell or transfer these shares until January 12, 2027, or an earlier Change in Control.
• The value of the award is subject to market fluctuations of FORUM ENERGY TECHNOLOGIES, INC. common stock, and the actual realized value upon vesting could be higher or lower than the grant date value of $39.46 per share.

Future Outlook

The restricted stock award is set to vest in full on January 12, 2027, one year after the grant date. There is also a provision for accelerated vesting of the entire award upon a Change in Control, as defined in the company's incentive plan.

Industry Context

This insider transaction is a routine equity compensation event for a director and does not directly reflect broader industry trends or competitive positioning. It is a standard mechanism used by companies in various sectors, including the energy technology industry, to incentivize and retain key personnel.

Corporate Governance

Stakeholder Impact

• Shareholders: The award aligns the Director's financial interests with the company's stock performance, potentially leading to more focused decision-making aimed at increasing shareholder value.

Next Steps

• The restricted stock award will vest in full on January 12, 2027, subject to the terms of the 2016 Second Amended and Restated Stock and Incentive Plan.

Key Dates

Keywords

FORUM ENERGY TECHNOLOGIES, FET, Leslie Ann Beyer, Director, Restricted Stock, Insider Transaction, Equity Award, Corporate Governance, Compensation Plan