Form 4: Forum Energy Technologies Officer Sells Shares
Statement of Changes in Beneficial Ownership
Michael D. Danford, SVP & CHO of Forum Energy Technologies, Inc., reported a sale of 3,000 common shares on May 13, 2026.
Summary
- Michael D. Danford, Senior Vice President & Chief Human Officer of Forum Energy Technologies, Inc. (FET), sold 3,000 shares of common stock.
- The transaction occurred on May 13, 2026, with shares sold at a weighted average price of $55.49.
- The sale was executed across multiple transactions with prices ranging from $55.39 to $55.79.
- Following this transaction, Danford beneficially owns 54,139 shares of common stock directly.
Sentiment
Score: 4
Explanation: StockSavvy.ai views this filing as neutral to slightly negative due to the sale of shares by an executive, although it is a routine disclosure and does not provide broader company performance data.
Negatives
- An executive officer of the company sold a significant number of shares.
Future Outlook
No forward-looking statements or guidance are present in this filing.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions. While a single sale by an executive doesn't necessarily indicate a negative outlook for the company, it is a data point investors monitor closely.
Stakeholder Impact
- Shareholders may view the sale of shares by an executive with caution, potentially impacting short-term investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/13/2026 | Date of transaction (sale of common stock). |
| 05/14/2026 | Date of signature on the filing. |
Keywords
Form 4, SEC Filing, Insider Trading, Stock Sale, Forum Energy Technologies, FET, Michael D. Danford, Executive Officer
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