4Accepted Sep 3, 3:38 PM ET
Forgent Power (FPS) CEO Gary Niederpruem Receives Awards
Accepted (ET)
3:38 PM
Sep 3, 2026
Filed
Sep 3, 2026
Documents
1
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7.2 KB
Summary
Forgent Power (FPS) CEO Gary Niederpruem Receives Awards
What Happened Gary John Niederpruem, CEO of Forgent Power Solutions, was granted two compensation awards on 2026-09-01: 88,029 restricted stock units (RSUs) and a derivative award of 214,335 non‑qualified stock options. Both grants are reported at $0.00 per share in the Form 4; no cash was paid. These are awards (compensation) rather than open‑market purchases or sales.
Key Details
- Transaction date: 2026-09-01; Filing date (Accession): 2026-09-03.
- Reported price: $0.00 for both the RSUs and the option grant.
- Total instruments granted: 88,029 RSUs + 214,335 options (302,364 total units awarded).
- Shares owned after the transaction: Not specified in the provided filing data.
- Footnotes:
- F1: RSUs vest in three equal annual installments starting on the first anniversary of the grant, subject to continued service.
- F2: Non‑qualified stock options vest in three equal annual installments starting on the first anniversary of the grant, subject to continued service.
- Timeliness: Filing dated Sept 3 for a Sept 1 transaction — no late filing flag indicated in the provided data.
Context These awards are part of executive compensation and will vest over time; RSUs convert to shares at vesting and the options vest per the stated schedule. Because these are grants (not purchases or sales), they reflect compensation arrangements rather than a direct personal buy/sell decision by the CEO. For retail investors, purchases by insiders often receive more attention as potential bullish signals; grants mainly reflect company pay practices and retention incentives.