OIL STATES INTERNATIONAL, INC (OIS): Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
OIL STATES INTERNATIONAL, INC (OIS) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. ois-20260709 July 9, 2026 0001121484 false 0001121484 2026-07-09 2026-07-09 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________ Form 8-K ____________________ CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of
How this was made
The 30-second read
Why it matters
The amendment changes severance calculations based on whether termination occurs without Cause or resignation for Good Reason, and whether it falls within 24 months after a Change of Control. Specifically, it sets severance at 3.0x salary plus Target AICP for qualifying events within 24 months post-Change of Control, and 1.5x outside that window.
Market read
This is a governance and compensation-structure update, not an operational or financial performance update.
What to watch
Traders may overreact to severance optics; the filing does not indicate any actual termination, Change of Control event, or cash payment timing.
Background
The filing is an SEC Form 8-K (Item 5.02) reporting an amendment to the CEO’s Executive Agreement effective July 9, 2026.
Ticker impact
Oil States International amended CEO Lloyd Hajdik’s executive agreement to restructure severance multiples tied to a Change of Control window.
Likely limited near-term impact; any repricing would be governance-sentiment driven rather than fundamentals.
This is an SEC 8-K executive-compensation amendment with no stated operational or financial guidance change. The severance formula changes are specific, but the event is not a termination or transaction, so immediate earnings impact is indirect.
Market effects
Minimal direct read-across to the oilfield services sector; this is company-specific executive compensation.
No clear regional market linkage beyond US-listed governance sentiment.
No global macro or cross-border transaction disclosed.
Counterpoint
Enhanced severance terms may be standard for retention and do not imply elevated risk of a near-term CEO exit.
Key entities
- issuerOil States International, Inc.
US-listed company filing the 8-K and amending CEO severance terms.
- executiveLloyd A. Hajdik
President and CEO whose Executive Agreement severance calculation was amended.
