🔴 Forgent Power Solutions is trading 4.32% down today after Encompass Capital sold approximately 1.5 million shares

Forgent Power Solutions is trading 4.32% down at $30.25 after Encompass Capital disclosed selling approximately 1.5 million shares, reducing its position by nearly 78%.

• The large shareholder exit is creating selling pressure during regular trading on August 28, 2026.
• Forgent Power Solutions has also filed recent Schedule 13G ownership disclosures, supporting the timing of the reported stake reduction.
• Broader markets are modestly lower, but company-specific selling appears to be the stronger catalyst.