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4Accepted Sep 3, 3:38 PM ET

Forgent Power (FPS) CEO Gary Niederpruem Receives Awards

FPSForgent Power Solutions, Inc.

Accepted (ET)

3:38 PM

Sep 3, 2026

Filed

Sep 3, 2026

Documents

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7.2 KB

Summary

Forgent Power (FPS) CEO Gary Niederpruem Receives Awards

Updated

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.

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