SCHEDULE: Vanguard Group Discloses 5.21% Stake in Forum Energy Technologies

The Vanguard Group has disclosed a significant beneficial ownership stake of 5.21% in Forum Energy Technologies Inc., holding 644,603 shares of common stock.

Summary

• The Vanguard Group, an investment adviser based in Malvern, PA, has filed a Schedule 13G indicating beneficial ownership in Forum Energy Technologies Inc.
• As of the event date of June 30, 2025, Vanguard beneficially owns an aggregate of 644,603 shares of Forum Energy Technologies Inc. Common Stock.
• This ownership represents 5.21% of the total class of securities.
• Vanguard holds sole voting power over 0 shares, shared voting power over 4,629 shares, sole dispositive power over 635,737 shares, and shared dispositive power over 8,866 shares.
• The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 6

Explanation: The filing is primarily a factual disclosure of beneficial ownership. The presence of a large institutional investor like Vanguard can be seen as a moderately positive signal for the company's stability and long-term prospects, hence a slightly positive score.

Positives

• The disclosure of a significant stake by a major institutional investor like The Vanguard Group can be interpreted as a vote of confidence in Forum Energy Technologies Inc.'s long-term prospects and stability.

Future Outlook

NA

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11." (Signed by Ashley Grim, Head of Global Fund Administration for The Vanguard Group)

Industry Context

The Vanguard Group is one of the world's largest investment management companies, known for its broad market index funds. Its disclosure of a significant stake in Forum Energy Technologies Inc. reflects its investment strategy, which often includes holding positions in a wide range of publicly traded companies across various sectors, including energy technology.

Stakeholder Impact

• Shareholders: The disclosure of a significant stake by a major institutional investor like Vanguard may instill confidence among existing shareholders and attract new investors, potentially influencing stock liquidity and valuation.

Key Dates

Keywords

Forum Energy Technologies, Vanguard Group, Beneficial Ownership, Schedule 13G, Common Stock, Institutional Investor, Equity Stake, Oilfield Services