This is a routine pre-sale notice from an officer for a relatively small dollar amount relative to FET's $594M market cap. Monitor for actual execution via Form 4 filings; if executed, watch for any pattern of additional insider selling, especially ahead of the next earnings release. No material bearish signal on its own.
Price Chart
Executive Summary
Officer Michael Danford filed a Form 144 to sell 3,000 shares of Forum Energy Technologies common stock, with an estimated market value of approximately $166,476 as of the filing date. This represents a modest portion of his holdings and is a routine insider sale filing, though the intent to sell is noted ahead of the company's next quarterly report.
Key Facts
- Reporting insider Michael Danford (Officer) filed Form 144 to sell 3,000 shares of FET common stock.
- Estimated sale value of $166,475.78 based on market price at May 13, 2026.
- Shares were acquired between 2017 and 2021 through compensatory stock bonuses.
- Sale intended to be executed through Merrill Lynch on the NYSE.
- Form 144 filed June 9, 2026, indicating intent to sell soon, but sale may not occur.
Financial Impact
Approximately $166,476 sale value, representing a small fraction of the insider's likely total beneficial ownership (details not fully disclosed).
Risk Factors
- Insider intent to sell may precede adverse news, but the small size limits significance.
- FET faces negative analyst consensus (0% bullish rating) and ongoing sector headwinds in oil & gas equipment.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001628280-26-041795 |
| Document: 0001628280-26-041795-index.html | 0001628280-26-041795 |
| Document: 0001628280-26-041795.txt | 0001628280-26-041795 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 today | 144 | $88.87 | awaiting T+20 | — | $91.41 (+2.86%) |
Aug 21, 2026 9w ago | Insider Cluster | $76.05 $80.95 | ▼ −6.44% | ▼ −5.15% | $91.41 (−20.20%) |
Aug 17, 2026 10w ago | Insider Cluster | $82.51 $82.18 | ▼ −0.40% | ▲ +0.59% | $91.41 (+10.79%) |
Aug 14, 2026 10w ago | 144 | $85.36 $80.69 | ▼ −5.47% | ▼ −3.48% | $91.41 (+7.09%) |
Aug 12, 2026 10w ago | Insider Cluster | $82.42 $83.02 | ▲ +0.73% | ▲ +2.48% | $91.41 (+10.91%) |
Aug 11, 2026 10w ago | Insider Cluster | $82.86 $80.96 | ▼ −2.29% | ▼ −0.40% | $91.41 (+10.32%) |
Aug 11, 2026 11w ago | 144 | $83.07 $80.22 | ▲ +3.43% | ▲ +2.37% | $91.41 (−10.04%) |
Jun 9, 2026 20w ago | 144 | $52.18 $47.48 | ▼ −9.01% | ▼ −10.45% | $91.41 (+75.18%) |
May 12, 2026 24w ago | 8-K | $55.59 $51.87 | ▼ −6.69% | ▼ −4.96% | $91.41 (+64.44%) |
Mar 27, 2026 30w ago | DEFA14A | $61.92 $63.41 | ▲ +2.41% | ▼ −10.33% | $91.41 (+47.63%) |
US Market Status
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