John C. Ivascu, the Executive Vice President, General Counsel, and Chief Compliance Officer of Forum Energy Technologies, Inc., has sold a total of 4,800 shares of the company's common stock in two transactions. This activity is notable as it occurs within the context of ongoing trading practices among executives in the oil and gas machinery sector.
The first transaction took place on October 26, 2026, where Ivascu sold 700 shares at a price of $90.08 per share. The following day, he sold an additional 4,100 shares at an average price of $90.10. A smaller sale of 200 shares was also executed on the same day at $91.04 per share. After these transactions, Ivascu retains ownership of 75,512 shares.
Forum Energy Technologies, Inc. operates in the oil and gas machinery and equipment industry, specifically classified under the SIC code 3533. The company, incorporated in Delaware, has its business address at 10344 Sam Houston Park Drive, Suite 300, Houston, TX.
According to the SEC filing, these sales were executed pursuant to a Rule 10b5-1 Plan, which allows executives to sell shares in a structured manner to avoid accusations of insider trading. The prices reported reflect a weighted average from multiple transactions, with the sales ranging between $90.00 and $91.05.
The filing does not specify what actions may follow these transactions, but such sales are common among executives as part of financial planning or liquidity needs.
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