Business Context and Reporting Period
Company: Forum Energy Technologies, Inc. (FET)
Filing Type: Form 8-K (Current Report)
Date of Report: May 8, 2026
Event: Results of the 2026 Annual Meeting of Stockholders held on May 8, 2026.
Key Financial Metrics
This filing is a current report regarding corporate governance and stockholder votes. It does not contain financial statements, revenue, profit, cash flow, margin, debt, or liquidity data. The filing text does not provide a clear value for any financial metrics.
Material Changes
The primary material change reported is the approval of the Fourth Amendment to the Second Amended and Restated 2016 Stock and Incentive Plan. This amendment increases the number of shares available for grant under the plan by 625,000 shares.
Guidance, Outlook, and Management Commentary
Stockholder Vote Results:
- Election of Directors: All three Class II nominees (Evelyn M. Angelle, John A. Carrig, Neal A. Lux) were elected for three-year terms.
- Executive Compensation: Stockholders approved the advisory vote on executive compensation (7,520,299 For vs. 155,102 Against).
- Stock Plan Amendment: Stockholders approved the increase of 625,000 shares in the 2016 Plan (7,447,446 For vs. 229,527 Against).
- Auditor Ratification: Deloitte & Touche LLP was ratified as the independent registered public accounting firm for 2026 (9,290,299 For vs. 11,667 Against).
Investor Verification Checklist
- Verify the full text of the Amended 2016 Stock and Incentive Plan (Exhibit 10.1) to understand the specific terms of the 625,000 share increase.
- Review the definitive Proxy Statement filed on March 27, 2026, for detailed descriptions of the proposals and director biographies.
- Confirm the effective date of the auditor ratification for the 2026 fiscal year.