<SEC-DOCUMENT>0001085146-25-000403.txt : 20250122
<SEC-HEADER>0001085146-25-000403.hdr.sgml : 20250122
<ACCEPTANCE-DATETIME>20250122101152
ACCESSION NUMBER:		0001085146-25-000403
CONFORMED SUBMISSION TYPE:	SCHEDULE 13G/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20250122

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FORUM ENERGY TECHNOLOGIES, INC.
		CENTRAL INDEX KEY:			0001401257
		STANDARD INDUSTRIAL CLASSIFICATION:	OIL & GAS FILED MACHINERY & EQUIPMENT [3533]
		ORGANIZATION NAME:           	01 Energy & Transportation
		IRS NUMBER:				611488595
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-87267
		FILM NUMBER:		25544155

	BUSINESS ADDRESS:	
		STREET 1:		10344 SAM HOUSTON PARK DRIVE
		STREET 2:		SUITE 300
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77064
		BUSINESS PHONE:		281-949-2500

	MAIL ADDRESS:	
		STREET 1:		10344 SAM HOUSTON PARK DRIVE
		STREET 2:		SUITE 300
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77064

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FORUM OILFIELD TECHNOLOGIES, INC.
		DATE OF NAME CHANGE:	20100726

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FORUM OILFIELD TECHNOLOGIES INC
		DATE OF NAME CHANGE:	20070529

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MACKAY SHIELDS LLC
		CENTRAL INDEX KEY:			0000061227
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		ORGANIZATION NAME:           	
		IRS NUMBER:				134080466
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A

	BUSINESS ADDRESS:	
		STREET 1:		1345 AVENUE OF THE AMERICAS
		STREET 2:		42ND  FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10105
		BUSINESS PHONE:		212-230-3811

	MAIL ADDRESS:	
		STREET 1:		1345 AVENUE OF THE AMERICAS
		STREET 2:		42ND FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10105

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MACKAY SHIELDS FINANCIAL CORP
		DATE OF NAME CHANGE:	19920929
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13G/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:ns1="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SCHEDULE 13G/A</submissionType>
    <previousAccessionNumber>0001085146-23-000121</previousAccessionNumber>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0000061227</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>4</amendmentNo>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>12/31/2024</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001401257</issuerCik>
        <issuerName>FORUM ENERGY TECHNOLOGIES, INC.</issuerName>
        <issuerCusip>34984V209</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <ns1:street1>10344 SAM HOUSTON PARK DRIVE</ns1:street1>
          <ns1:street2>SUITE 300</ns1:street2>
          <ns1:city>HOUSTON</ns1:city>
          <ns1:stateOrCountry>TX</ns1:stateOrCountry>
          <ns1:zipCode>77064</ns1:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(b)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>MacKay Shields LLC</reportingPersonName>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>911294</soleVotingPower>
        <sharedVotingPower>0</sharedVotingPower>
        <soleDispositivePower>911294</soleDispositivePower>
        <sharedDispositivePower>0</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>911294</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>7.42</classPercent>
      <typeOfReportingPerson>IA</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>FORUM ENERGY TECHNOLOGIES, INC.</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>10344 SAM HOUSTON PARK DRIVE
SUITE 300
HOUSTON, TEXAS
77064</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>MacKay Shields LLC</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>299 Park Avenue
32nd Floor
New York, New York
10171</principalBusinessOfficeOrResidenceAddress>
        <citizenship>MacKay Shields LLC - DELAWARE</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>N</notApplicableFlag>
        <typeOfPersonFiling>IA</typeOfPersonFiling>
      </item3>
      <item4>
        <amountBeneficiallyOwned>911294</amountBeneficiallyOwned>
        <classPercent>7.42</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>MacKay Shields LLC - 911294</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>MacKay Shields LLC - 0</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>MacKay Shields LLC - 911294</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>MacKay Shields LLC - 0</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>Y</notApplicableFlag>
      </item5>
      <item6>
        <notApplicableFlag>N</notApplicableFlag>
        <ownershipMoreThan5PercentOnBehalfOfAnotherPerson>MacKay Shields LLC, an investment advisor registered under Section 203 of the Investment Advisors Act of 1940 is deemed to be the beneficial owner of 911,294 shares of the 7.42% of the Common Stock believe to be outstanding as a result of acting as investment adviser to various clients.  All calculations of percentage ownership are based on a total of 12, 283.670 shares of Common Stock issued and outstanding as of December 31, 2024, as disclosed on the Company's Form 10-Q filed with Securities and Exchange Commission on November 1, 2024.

The NYLI Mainstay High Yield Corporate Bond Fund, a registered investment Company for which MacKay Shields acts as a sub investment adviser, may be deemed to beneficially own 4.97% of the outstanding common stock of the Company.  New York Life Investment Management LLC and indirect wholly owned subsidiary of New York Life and an affiliate of MacKay Shields LLC, is the manager of the NYLI Mainstay High Yield Corporate Bond Fund.</ownershipMoreThan5PercentOnBehalfOfAnotherPerson>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.</certifications>
      </item10>
    </items>
    <signatureInformation>
      <reportingPersonName>MacKay Shields LLC</reportingPersonName>
      <signatureDetails>
        <signature>Chris Fitzgerald</signature>
        <title>Chief Compliance Officer</title>
        <date>01/22/2025</date>
      </signatureDetails>
    </signatureInformation>
  </formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
