Form 4: Evelyn M. Angelle Receives Restricted Stock Award from Forum Energy Technologies

Director Evelyn M. Angelle was granted 8,557 shares of restricted stock from Forum Energy Technologies, Inc. on March 5, 2025, which will vest in full on the one-year anniversary.

Summary

• Evelyn M. Angelle, a director of Forum Energy Technologies, Inc., received an award of 8,557 shares of restricted stock on March 5, 2025.
• The restricted stock was granted under the company's 2016 Second Amended and Restated Stock and Incentive Plan.
• The shares vest in full on the one-year anniversary of the grant date, subject to accelerated vesting upon a Change in Control.
• The restricted stock agreement includes dividend and voting rights.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices. The grant of restricted stock is generally viewed favorably as it aligns management's interests with shareholders.

Positives

• The grant of restricted stock aligns the director's interests with those of the shareholders.
• The vesting schedule encourages long-term commitment from the director.

Future Outlook

The restricted stock vests in full on the one-year anniversary of the grant date, subject to accelerated vesting of the entire award upon a Change in Control.

Industry Context

Granting restricted stock is a common practice to incentivize and retain key personnel, aligning their interests with the long-term performance of the company.

Stakeholder Impact

• Shareholders may view the restricted stock award positively as it incentivizes the director to work towards the company's long-term success.

Key Dates