Forum Energy Technologies SVP & CHO sells $102,983 in shares By Investing.com

Michael Dewayne Danford, SVP & CHO at FORUM ENERGY TECHNOLOGIES, INC. (), sold 1,200 shares of the company’s common stock on August 14, 2026. The total value of this transaction was $102,983.

The shares were sold at a price of $85.82 per share. Following this transaction, Mr. Danford directly holds 51,439 shares of Forum Energy Technologies common stock.

In other recent news, Forum Energy Technologies reported earnings for the second quarter of 2026 that significantly exceeded Wall Street expectations. The company posted a profit of $1.16 per share, surpassing the forecasted $0.51 per share. Revenue also outperformed projections, reaching $226.22 million compared to the anticipated $210.4 million. In light of these results, management has raised the full-year guidance, attributing the positive outlook to robust orders, margin expansion, and strong execution in its oilfield equipment businesses. These developments reflect a solid performance for the company in the latest quarter.

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