Forum Energy (FET) EVP John C. Ivascu Sells Shares

What Happened
John C. Ivascu, EVP, General Counsel & Chief Compliance Officer of Forum Energy Technologies (FET), sold a total of 5,000 shares in two open-market transactions on August 3, 2026, for aggregate proceeds of approximately $353,171. The sales consisted of 3,598 shares at a weighted average price of $70.41 (≈ $253,335) and 1,402 shares at a weighted average price of $71.21 (≈ $99,836). These were disposals (sales), which are often routine and do not necessarily indicate a change in sentiment.

Key Details

• Transaction dates: August 3, 2026; Form 4 filed August 4, 2026 (timely filing).
• Individual sales/prices:
  • 3,598 shares sold at a weighted avg price $70.41 (shares sold in multiple trades between $70.00–$70.99).
  • 1,402 shares sold at a weighted avg price $71.21 (shares sold in multiple trades between $71.00–$71.72).
• Total: 5,000 shares, total proceeds ≈ $353,171.
• Shares owned after transaction: Not disclosed in the Form 4 filing.
• Footnote: Both sales were executed pursuant to a Rule 10b5-1 trading plan entered during an open trading window. The filing notes the reported prices are weighted averages and that the reporting person can provide a breakdown of the individual trade prices on request.

Context
A Rule 10b5-1 plan allows insiders to pre-specify trades to avoid questions about trading on material nonpublic information; sales under such plans are generally considered planned/routine. For retail investors, purchases by insiders often carry more informational weight than routine sales; these transactions should be viewed as disposals made under a pre-arranged plan rather than an explicit signal about company fundamentals.