Danford Michael Dewayne 4

What Happened

• Danford Michael Dewayne, Senior VP & Chief Human Resources Officer of Forum Energy (FET), had restricted equity convert/vest transactions reported for March 5–6, 2026. He received (acquired) 3,804 shares on 2026-03-05 and 3,544 shares on 2026-03-06 (total 7,348) at a $0.00 exercise price (vesting/settlement of equity awards).
• To satisfy tax withholding obligations, he surrendered 1,496 shares on 2026-03-05 at $57.70 per share ($86,319) and 1,394 shares on 2026-03-06 at $57.17 per share ($79,695), for a combined withholding value of $166,014. The filings also list the related derivative conversion/disposition entries.

Key Details

• Transaction dates: 2026-03-05 and 2026-03-06.
• Acquired: 3,804 shares (3/5/26) and 3,544 shares (3/6/26) via derivative conversion/exercise at $0.00.
• Withheld/surrendered for taxes: 1,496 shares @ $57.70 (3/5/26) = $86,319; 1,394 shares @ $57.17 (3/6/26) = $79,695; total withheld value = $166,014.
• Footnotes: F1 and F3 note these were vesting/settlement events for restricted stock units granted on 3/5/2025 and 3/6/2024; F2 confirms shares were surrendered to satisfy tax obligations.
• Shares owned following the transactions: not specified in the supplied filing details.
• Filing date: 2026-03-09 — appears to be filed within the SEC’s two-business-day Form 4 deadline.

Context

• These entries reflect settlement of restricted stock units (vesting) with a portion of shares surrendered to cover taxes (tax withholding/cashless settlement). That is a routine administrative step and not an open-market sale; it does not, by itself, indicate a change in insider sentiment.