Forgent Names Amy Ard CFO; Fiedler Separation Capped at $9.8M in PIUs
FPS sits 22% above its 52-week low of $23.155 on light trading volume (0.4× avg).
Summary
Forgent formally appointed Amy Ard as CFO and disclosed Ryan Fiedler's separation terms, including a $9,818,763 cap on his remaining profit-interest payouts. The departure was already public; the new detail is the compensation and payout structure.
Key Events · Executive and Board Changes · FPS
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Amy Ard Appointed CFO
Ard, previously Executive Vice President of Finance since January 2026, was named CFO effective October 21, 2026, succeeding Ryan Fiedler.
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New CFO Pay Package
Ard receives a $550,000 base salary, eligibility for an annual cash bonus up to 85% of base salary, and a one-time equity grant targeted at $500,000 on November 1, 2026, split 50% RSUs and 50% options.
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Fiedler Payout Capped at $9.8M
The Separation and Release Agreement caps aggregate distributions on Fiedler's unvested profit interest units at $9,818,763 and cancels his vested Received Units on the Effective Date.
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Transition Runs Through October 30
Fiedler remains employed through the October 30, 2026 Separation Date, then moves to an external consulting role under a Senior Advisor Agreement with Neos Partners, LP.
Analysis · FPS · Manufacturing
The CFO exit was already public and already cost the stock more than 23% on October 26, so the headline itself is priced in. What is new here is the money: Amy Ard takes over at a $550,000 base salary with an 85% bonus target and a $500,000 one-time equity grant, while Ryan Fiedler's separation agreement caps his remaining profit-interest payouts at $9,818,763 and forfeits his vested units. For a company that just guided fiscal 2027 revenue to $2.4–$2.6B, the real question is whether an internal promotion with deep IPO-era finance experience steadies the story after a record-low share price — the terms themselves are modest relative to the business.
How filings like this one have moved
In the 30 days to Oct 28, 2026, 30.5% of the 1494 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.03%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, FPS was trading at $28.28 on NYSE in the Manufacturing sector, with a market capitalization of approximately $8.6B. The 52-week trading range was $23.16 to $66.00. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.