STOCK TITAN

Forum Energy Technologies (FET) SVP Danford logs RSU vesting and tax share surrender

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Forum Energy Technologies SVP & CHO Michael Dewayne Danford reported equity award activity in common stock and restricted stock units. On March 5 and 6, RSUs vested and converted into a total of 7,348 shares of common stock, while 2,890 shares were surrendered to cover related tax obligations.

Positive

  • None.

Negative

  • None.
Insider Danford Michael Dewayne
Role SVP & CHO
Type Security Shares Price Value
Exercise Restricted Stock Units 3,544 $0.00 --
Exercise Common Stock 3,544 $0.00 --
Tax Withholding Common Stock 1,394 $57.17 $80K
Exercise Restricted Stock Units 3,804 $0.00 --
Exercise Common Stock 3,804 $0.00 --
Tax Withholding Common Stock 1,496 $57.70 $86K
Holdings After Transaction: Restricted Stock Units — 3,544 shares (Direct); Common Stock — 58,533 shares (Direct)
Footnotes (1)
  1. Reflects the vesting of restricted stock units granted on March 5, 2025. These shares were surrendered to satisfy the tax obligations related to the settlement of the related equity award. Reflects the vesting of restricted stock units granted on March 6, 2024.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Danford Michael Dewayne

(Last) (First) (Middle)
10344 SAM HOUSTON PARK DRIVE
SUITE 300

(Street)
HOUSTON TX 77064

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
FORUM ENERGY TECHNOLOGIES, INC. [ FET ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP & CHO
3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/05/2026 M 3,804(1) A $0 56,485 D
Common Stock 03/05/2026 F 1,496(2) D $57.7 54,989 D
Common Stock 03/06/2026 M 3,544(3) A $0 58,533 D
Common Stock 03/06/2026 F 1,394(2) D $57.17 57,139 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 03/05/2026 M 3,804 (1) (1) Common Stock 3,804 $0 7,606 D
Restricted Stock Units (3) 03/06/2026 M 3,544 (3) (3) Common Stock 3,544 $0 3,544 D
Explanation of Responses:
1. Reflects the vesting of restricted stock units granted on March 5, 2025.
2. These shares were surrendered to satisfy the tax obligations related to the settlement of the related equity award.
3. Reflects the vesting of restricted stock units granted on March 6, 2024.
Remarks:
/s/ Michael D. Danford by John C. Ivascu as Attorney-in- Fact 03/09/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did FET executive Michael Dewayne Danford report in this Form 4?

He reported RSU vesting and related common stock activity. Restricted stock units vested and were converted into shares, and portions of the resulting common stock were surrendered to satisfy tax obligations tied to those equity awards.

How many Forum Energy Technologies (FET) RSUs vested for Michael Danford?

A total of 7,348 restricted stock units vested across two dates. This includes 3,804 RSUs vesting from a March 5, 2025 grant and 3,544 RSUs vesting from a March 6, 2024 grant, each converting into the same number of common shares.

How many FET common shares were surrendered for taxes by Michael Danford?

He surrendered 2,890 common shares to cover tax obligations. These consisted of 1,496 shares at a price of $57.70 and 1,394 shares at a price of $57.17, all related to settlement of equity awards rather than open-market sales.

What is Michael Danford’s FET common stock holding after these transactions?

After the reported transactions, his direct holding stands at 57,139 common shares. This figure reflects RSU conversions into stock and share surrenders for taxes recorded on March 5 and March 6 in the Form 4 filing.

Were Michael Danford’s FET transactions open-market buys or sells?

No, they were not open-market trades. The Form 4 shows RSU vesting and derivative conversions, with code F transactions indicating shares delivered back to satisfy tax liabilities associated with those equity awards, rather than discretionary market purchases or sales.

What roles does Michael Danford hold at Forum Energy Technologies (FET)?

He serves as Senior Vice President and Chief Human Resources Officer. His Form 4 classification identifies him as an officer, reflecting a key leadership role within Forum Energy Technologies connected to personnel and organizational oversight.