SCHEDULE: MacKay Shields Discloses 2.05% Stake in Forum Energy

MacKay Shields LLC has filed an amended Schedule 13G, reporting a 2.05% beneficial ownership in Forum Energy Technologies, Inc. as of September 16, 2025.

Summary

• MacKay Shields LLC reported beneficial ownership of 244,223 shares of Forum Energy Technologies, Inc. common stock.
• This ownership represents 2.05% of the total class of securities.
• The filing is an Amendment No. 5 to a Schedule 13G, indicating a change from previous disclosures.
• MacKay Shields LLC, organized in Delaware, is classified as an investment adviser.
• 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, Inc.

Sentiment

Score: 5

Explanation: This is a routine regulatory disclosure of beneficial ownership by an investment adviser, providing factual information without inherent positive or negative sentiment regarding the company's performance or outlook.

Future Outlook

No specific forward-looking statements or guidance were provided in this filing, as it primarily reports a past beneficial ownership position.

Industry Context

Forum Energy Technologies, Inc. operates within the energy services sector, providing products and technologies to the oil and gas industry. This filing reflects an investment adviser's stake in a company operating in this cyclical and capital-intensive industry.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional investor's stake in the company.

Key Dates

Keywords

Forum Energy Technologies, MacKay Shields, Schedule 13G, beneficial ownership, common stock, investment adviser, energy services