{"schema_version":"secwatch.filing_event.v1","accession":"0001401257-22-000018","form_type":"8-K","ticker":"FET","cik":"0001401257","company_name":"FORUM ENERGY TECHNOLOGIES, INC.","filed_at":"2022-02-22T23:59:59+00:00","discovered_at":"2026-05-14T18:04:06.298360+00:00","generated_at":"2026-06-27T06:00:48.719172+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Forum Energy appoints Neal Lux CEO with $600K salary; Gaut becomes Executive Chairman with reduced pay","bullets":["Neal Lux appointed President and CEO effective Feb 18, 2022; base salary raised to $600,000 with target bonus of 100% of base.","Lux granted 47,519 performance RSUs (stock-price hurdles) and 47,519 RSUs, each vesting over three years.","C. Christopher Gaut transitions to Executive Chairman; base salary cut to $500,000, target bonus reduced from 110% to 100% of base.","Gaut receives $150,000 cash bonus vesting quarterly over one year and 33,084 phantom units vesting over two years; waives future severance.","Gaut's prior equity awards have service-vesting conditions deemed satisfied and remain outstanding."],"urls":{"canonical":"https://secwatch.observer/filing/0001401257-22-000018","json":"https://secwatch.observer/filing/0001401257-22-000018.json","markdown":"https://secwatch.observer/filing/0001401257-22-000018.md","text":"https://secwatch.observer/filing/0001401257-22-000018.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1401257/000140125722000018/0001401257-22-000018-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1401257/000140125722000018/fet-20220218.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T06:00:48.719172+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"09b2663a6a","claim":"C. Christopher Gaut was appointed as Executive Chairman at FORUM ENERGY TECHNOLOGIES, INC..","evidence_excerpt":"Effective as of the same day, and as previously announced, Mr. C. Christopher Gaut was appointed Executive Chairman of the Company’s board of directors.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1401257/000140125722000018/0001401257-22-000018-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Executive Chairman"}],"fact_type":"executive_change"},{"claim_id":"50556e716f","claim":"Neal Lux was appointed as President and Chief Executive Officer at FORUM ENERGY TECHNOLOGIES, INC..","evidence_excerpt":"Mr. Neal Lux was appointed as President and Chief Executive Officer of the Company and a member of the board of directors, effective February 18, 2022.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1401257/000140125722000018/0001401257-22-000018-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}