Keller Katherine Campbell 4

What Happened

• Katherine Keller Campbell, Vice President and Chief Accounting Officer of Forum Energy Technologies (FET), was granted/received two awards of performance-based restricted stock units (PRSUs) that vested on Feb 12, 2026. Each award was for 2,616 shares (total 5,232 PRSUs) recorded at $0 acquisition price in the Form 4. The awards were granted March 5, 2025 and certified as vested on Feb 12, 2026.

Key Details

• Transaction date: Feb 12, 2026 (reported on Form 4 filed Feb 17, 2026)
• Transaction type/code: A — Grant/Award (derivative securities: PRSUs)
• Shares reported: 2,616 PRSUs (Footnote F1) + 2,616 PRSUs (Footnote F2) = 5,232 total
• Acquisition price: $0 per share (typical for vested RSUs converted to stock)
• Footnotes: F1 = PRSUs vested based on total shareholder return (TSR) vs. peers; F2 = PRSUs vested based on the Company’s free cash flow. Both were granted Mar 5, 2025 and certified Feb 12, 2026.
• Shares owned after transaction: Not disclosed in the supplied filing excerpt
• Filing timeliness: Form filed Feb 17, 2026 for a Feb 12 transaction (filed 5 days later). Form 4s are generally due within 2 business days of the reportable transaction, so this filing appears delayed on its face.

Context

• These were performance-based RSUs that vested due to meeting TSR and free cash flow targets; no cash purchase occurred. Such awards reflect compensation realization rather than an open-market purchase or sale by the insider. The filing does not show any immediate sale (cashless exercise) or tax-withholding share surrender; those items, if occurred, would typically be disclosed separately.