Williams David Lyle Jr. 4

4 · FORUM ENERGY TECHNOLOGIES, INC. · Filed Feb 19, 2026

AI-generated summary of this filing

Updated Feb 19, 2026

Forum Energy (FET) CFO David L. Williams Exercises Awards, Surrenders Shares

What Happened

David L. Williams, EVP and CFO of Forum Energy Technologies (FET), had restricted/performance awards settle on February 17, 2026. A total of 66,554 shares were acquired through the conversion/settlement of derivative awards (reported as code M). To satisfy tax withholding obligations (code F), 26,322 of those shares were surrendered at $50.59 per share, reducing the net new shares and resulting in approximately $1,331,630 withheld for taxes. The acquired awards reflect vested restricted stock units and settled performance restricted stock units.

Key Details

Transaction date: February 17, 2026; Form 4 filed February 19, 2026 (appears timely).
Acquired (exercise/conversion of awards): 66,554 shares (reported at $0.00 acquisition price because these were vested/settled awards).
Surrendered for tax withholding: 26,322 shares at $50.59 each, total value withheld ≈ $1,331,630.
Footnotes: F1 = vesting of restricted stock units granted 2/17/2023; F2 = shares surrendered to satisfy tax obligations; F3 = settlement of previously certified performance RSUs.
Some derivative-line entries show $0 disposals reflecting conversion/cancellation of derivative interests into common shares (administrative reporting of the settlement).
Shares owned after the transaction are not specified in the provided data.

Context

This was not an open-market sale but a routine settlement/vesting event where award shares vested and a portion was surrendered to cover required tax withholdings (common practice with RSU/PRSU settlements). Such tax-withholding share surrenders are administrative and do not necessarily indicate a discretionary sale by the insider.

Form 4

Period: 2026-02-17

EVP, CFO

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-02-17+6,835→ 95,368 total
Tax Payment
Common Stock
[F2]
2026-02-17$50.59/sh−2,689$136,037→ 92,679 total
Exercise/Conversion
Common Stock
[F3]
2026-02-17+11,961→ 104,640 total
Tax Payment
Common Stock
[F2]
2026-02-17$50.59/sh−4,842$244,957→ 99,798 total
Exercise/Conversion
Common Stock
[F3]
2026-02-17+23,038→ 122,836 total
Tax Payment
Common Stock
[F2]
2026-02-17$50.59/sh−9,065$458,598→ 113,771 total
Exercise/Conversion
Common Stock
[F3]
2026-02-17+12,360→ 126,131 total
Tax Payment
Common Stock
[F2]
2026-02-17$50.59/sh−4,863$246,019→ 121,268 total
Exercise/Conversion
Common Stock
[F3]
2026-02-17+12,360→ 133,628 total
Tax Payment
Common Stock
[F2]
2026-02-17$50.59/sh−4,863$246,019→ 128,765 total
Exercise/Conversion
Restricted Stock Units
[F1]
2026-02-17−6,835→ 0 total
→ Common Stock (6,835 underlying)
Exercise/Conversion
Performance Restricted Stock Units
[F3]
2026-02-17−11,961→ 0 total
→ Common Stock (11,961 underlying)
Exercise/Conversion
Performance Restricted Stock Units
[F3]
2026-02-17−23,038→ 0 total
→ Common Stock (23,038 underlying)
Exercise/Conversion
Performance Restricted Stock Units
[F3]
2026-02-17−12,360→ 0 total
→ Common Stock (12,360 underlying)
Exercise/Conversion
Performance Restricted Stock Units
[F3]
2026-02-17−12,360→ 0 total
→ Common Stock (12,360 underlying)

Footnotes (3)

[F1]Reflects the vesting of restricted stock units granted on February 17, 2023.
[F2]These shares were surrendered to satisfy the tax obligations related to the settlement of the associated equity award.
[F3]Reflects the settlement of previously certified performance restricted stock units.

Signature

/s/ D. Lyle Williams by John C. Ivascu as Attorney-in-Fact|2026-02-19

1 file