FORUM ENERGY TECHNOLOGIES, INC.·4

Feb 9, 12:27 PM ET

ROWSEY PAUL E III 4

Research Summary

AI-generated summary

Updated

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.