Danford Michael Dewayne 4
Research Summary
AI-generated summary
Forum Energy (FET) SVP Danford Michael Dewayne Sells 3,000 Shares
What Happened Danford Michael Dewayne, Senior Vice President and Chief Human Resources Officer of Forum Energy Technologies, sold 3,000 shares on May 13, 2026. The reported weighted-average sale price was $55.49 per share, for total proceeds of approximately $166,470. The filing indicates the shares were sold in multiple transactions.
Key Details
- Transaction date: 2026-05-13; Form 4 filed: 2026-05-14 (appears timely).
- Transaction type/code: Sale (S) — open market (sold in multiple trades).
- Price: weighted average $55.49; individual trade prices ranged $55.39–$55.79 (footnote F1).
- Shares sold: 3,000; proceeds ≈ $166,470.
- Shares owned after transaction: not specified in the excerpt provided.
- Footnote: reporting person will provide a breakdown of the number of shares sold at each separate price on request.
- No 10b5-1 plan, option exercise, gift, or tax-withholding notation reported in this excerpt.
Context This was a routine insider sale (disposition) reported the day after the trades. Sales by executives can be routine (diversification, liquidity, tax planning) and do not by themselves indicate company outlook. Retail investors should consider this alongside other insider activity, company fundamentals, and market conditions.