The CFO's $1.54M sale at $78.09 is the dominant signal — it is not a routine 10b5-1 pattern and represents a material reduction in his stake. Monitor for any upcoming 8-K or earnings pre-announcement that could explain the timing. The stock's recent price near $78 may face further selling pressure.
Price Chart
Executive Summary
CFO David Lyle Jr. sold ~$1.57M of FET stock in three open-market transactions on August 20, 2026, including a large 19,668-share block at $78.09. Combined with a $103K sale by SVP Danford on August 14, the two-insider cluster totals $1.64M in selling over a 7-day window. The selling is not routine 10b5-1 plan activity and represents ~0.19% of FET's $884M market cap, falling in the modest-to-significant proportionality band.
Key Financial Metrics
Key Facts
- CFO David Lyle Jr. sold 19,668 shares at $78.09 for $1.54M on Aug 20
- CFO also sold 300 shares at $80.07 and 100 shares at $81.08 on same day
- SVP Danford sold 1,200 shares at $85.82 for $103K on Aug 14
- Total cluster value: $1.64M in open-market sales over 7 days
- Cluster represents ~0.19% of FET's $884M market cap
- 0% of analysts rate FET as Buy (3 Hold, 5 Sell/Strong Sell)
Financial Impact
Insider selling of $1.64M, or ~0.19% of market cap, concentrated in CFO's large block sale
Risk Factors
- Insider selling may indicate undisclosed negative developments
- Weak analyst consensus (0% Buy) suggests limited institutional support
- CFO's large block sale could trigger additional selling by other insiders
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-FET-1787378801055 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 today | 144 | $88.87 | awaiting T+20 | — | $88.87 (+0.00%) |
Aug 21, 2026 9w ago | Insider Cluster | $76.05 $80.95 | ▼ −6.44% | ▼ −5.15% | $88.87 (−16.86%) |
Aug 17, 2026 10w ago | Insider Cluster | $82.51 $82.18 | ▼ −0.40% | ▲ +0.59% | $88.87 (+7.71%) |
Aug 14, 2026 10w ago | 144 | $85.36 $80.69 | ▼ −5.47% | ▼ −3.48% | $88.87 (+4.11%) |
Aug 12, 2026 10w ago | Insider Cluster | $82.42 $83.02 | ▲ +0.73% | ▲ +2.48% | $88.87 (+7.83%) |
Aug 11, 2026 10w ago | Insider Cluster | $82.86 $80.96 | ▼ −2.29% | ▼ −0.40% | $88.87 (+7.25%) |
Aug 11, 2026 10w ago | 144 | $83.07 $80.22 | ▲ +3.43% | ▲ +2.37% | $88.87 (−6.98%) |
Jun 9, 2026 19w ago | 144 | $52.18 $47.48 | ▼ −9.01% | ▼ −10.45% | $88.87 (+70.31%) |
May 12, 2026 23w ago | 8-K | $55.59 $51.87 | ▼ −6.69% | ▼ −4.96% | $88.87 (+59.87%) |
Mar 27, 2026 30w ago | DEFA14A | $61.92 $63.41 | ▲ +2.41% | ▼ −10.33% | $88.87 (+43.52%) |
US Market Status
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