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AI brief of an SEC Form 8-K · OIL STATES INTERNATIONAL, INC (OIS)

Oil States amends CEO Hajdik's severance terms, with a 3.0x payout after a change of control

Neutral Impact 4 of 5 leadership Written later

Oil States International amended the executive agreement of President and CEO Lloyd A. Hajdik, effective July 9, 2026, restructuring how severance is calculated on certain qualifying termination events. The filing sets out a larger lump sum severance if he is terminated without Cause or resigns for Good Reason within 24 months after a Change of Control, and a smaller lump sum for a no-Cause termination outside that window.

Key points

  • Amendment dated July 9, 2026 to the Executive Agreement originally effective December 9, 2013.
  • Within 24 months after a Change of Control, a qualifying termination pays a lump sum of 3.0 times Termination Base Salary plus Target AICP.
  • Outside that 24-month window, a termination without Cause pays a lump sum of 1.5 times Termination Base Salary plus Target AICP.
  • The filing states all other terms of the Executive Agreement remain in effect; the amendment is filed as Exhibit 10.1.

The filing

CompanyOIL STATES INTERNATIONAL, INC (OIS)
Form8-K, current report
Filed with the SECJul 13, 2026, 4:47 PM ET
Accession number0001121484-26-000029

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 13, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.