Keller Katherine Campbell 4
Research Summary
AI-generated summary
Forum Energy (FET) VP Katherine Keller Campbell Receives 2,615 Shares
What Happened
Katherine Keller Campbell, Vice President and Chief Accounting Officer of Forum Energy Technologies (FET), received 2,615 shares on March 5, 2026 upon settlement/vesting of restricted stock units. To satisfy tax withholding related to that award, 1,029 of those shares were surrendered at $57.70 per share for a cash value of $59,373. The underlying award had an effective exercise/conversion price of $0, consistent with RSU settlement. Net shares retained from this vesting: 1,586 (2,615 − 1,029).
Key Details
- Transaction date: March 5, 2026; Form filed March 9, 2026 (timely filing).
- Received: 2,615 shares via conversion/settlement of RSUs (transaction code M) at $0.00.
- Tax withholding: 1,029 shares surrendered (transaction code F) at $57.70; proceeds/value = $59,373.
- Net shares retained from the vesting: 1,586.
- Footnotes: F1 notes these were RSUs granted March 5, 2025 and vested; F2 confirms shares were surrendered to satisfy tax obligations.
- Shares owned after the transaction: not specified in the provided filing excerpt.
Context
This was an equity award settlement (RSU vesting), not an open-market buy or discretionary sale. The surrender of shares to cover taxes is routine and does not by itself indicate a change in the insider’s market view. Transaction codes: M = conversion/exercise of derivative (here, RSU settlement), F = shares surrendered for tax withholding.