Savage David 4

What Happened
Neos Partners, LP (a 10% owner) executed a major sale on Feb 9, 2026: an open-market/private sale of 8,400,000 Forgent Power Solutions, Inc. (FPS) shares at $25.79 per share, generating $216,594,000 in proceeds. On the same date the filer reports a grant/acquisition of 2,487,964 shares (code A, price N/A) and a disposition to the issuer of 2,487,964 shares (derivative disposition, code D, price N/A). The Form 4 was filed Feb 11, 2026 and covers the Feb 9 transactions.

Key Details

• Transaction date: 2026-02-09; Form 4 filed: 2026-02-11 (filed on time for a typical 2-business-day Form 4 window).
• Sale (S): 8,400,000 shares at $25.79 per share — total proceeds $216,594,000.
• Award/Acquisition (A): 2,487,964 shares reported as acquired; price listed as N/A.
• Disposition to issuer (D): 2,487,964 shares (derivative) returned/transferred to the issuer; price listed as N/A.
• Shares owned after transaction: not specified in the provided excerpt.
• Footnotes/exhibits: Multiple footnotes (Exhibit 99.1) and joint-filer info (Exhibit 99.2) are referenced for details. This Form 4 is one of three identical filings split because there are more than 10 reporting persons.

Context

• Neos Partners is a 10% institutional owner, not an individual executive — institutional dispositions can reflect portfolio decisions rather than insider sentiment.
• The derivative disposition (D) indicates derivative securities were transferred back to the issuer; Exhibit 99.1 likely explains the mechanics (e.g., settlement, conversion, or surrender), so consult that exhibit for specifics.
• Sales are typically more common routine activity; purchases are generally considered stronger positive signals. This filing shows a large sale by a major holder, accompanied by a related derivative transaction.