ROWSEY PAUL E III 4
4 · FORUM ENERGY TECHNOLOGIES, INC. · Filed Feb 9, 2026
Research Summary
AI-generated summary of this filing
Forum Energy (FET) Director Paul Rowsey III Receives Restricted Stock Award
What Happened Paul E. Rowsey III, a director of Forum Energy Technologies, was awarded 8,557 restricted shares on March 5, 2025. The grant was reported as an award/acquisition (code A) at $0.00 per share (no cash paid). The restricted stock vests in full one year after the grant and carries dividend and voting rights; vesting may accelerate upon a Change in Control.
Key Details
- Transaction date: 2025-03-05 (Award, code A) — 8,557 restricted shares at $0.00
- Report filed: Correct Form 4 submitted 2026-02-09 (late); an incorrect Form 4 was filed by the company on 2025-03-07 (footnote F2) instead of by Mr. Rowsey
- Shares owned after transaction: Not specified in this filing
- Footnote highlights: Award governed by the 2016 Plan; shares subject to transfer restrictions until vesting, include dividend and voting rights, and vest fully on the one-year anniversary (accelerated on Change in Control)
Context This was an equity award (restricted stock), not an open-market purchase or sale. Such awards are routine for directors and reflect compensation rather than an immediate cash investment; because the filing was ultimately made well after the normal 2-business-day Form 4 window, investors should note the late reporting and the correction noted in the filing.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2025-03-05+8,557→ 23,071 total
Footnotes (2)
- [F1]Represents an award of restricted stock under the Forum Energy Technologies, Inc. 2016 Second Amended and Restated Stock and Incentive Plan (the "Plan"). Each share of restricted stock, par value $0.01 per share, is subject to transferability and other restrictions that lapse upon vesting of the restricted stock. The restricted stock award vests in full on the one year anniversary of the date of grant, subject to accelerated vesting of the entire award upon a Change in Control (as defined in the Plan). The restricted stock agreement also includes dividend and voting rights
- [F2]On March 7, 2025, a Form 4 was incorrectly filed by Forum Energy Technologies, Inc. instead of Paul E Rowsey III. The correct filing entity is Paul E Rowsey III. All other information reported in the Form 4 remains the same.