You can create your form, Go to WP > Forms > Create new or you can grab our created one code and put in there.
create new form and Copy this code .
And past in this marked red area as we did.
Use from action should be selected forgotten.
– You can have login and forgot form on same page with these steps.
Then go to wp > pages > login page You can have a separate page or if you want to have forgot password form right beside the login form.
copy this code
Past in this area of Login page. on classic mode.
this is how it will look on backend editor.
Hit save and then your frontend would be like this.
– You can have a forgot password Separate page as well.
for Forgot page copy this code
and past it in Forgot password page in red marked area with classic mode.
Also you can set forgot password and get register links on the login page. copy this code.
Then Go to Pages > login > click on classic mode and past this code here.
Hope it helps.