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AI brief of an SEC Form 8-K · W&T OFFSHORE INC (WTI)

W&T Offshore amends CEO Tracy Krohn's employment deal, sets base salary floor of $1 million

Neutral Impact 3 of 5 leadership Written later

W&T Offshore entered into a First Amendment to CEO Tracy Krohn's employment agreement on August 5, 2026. Under the amendment, his annual base salary will be no less than $1,000,000, subject to annual Board review, and it cannot be decreased; other material terms are unchanged.

Key points

  • Amendment dated August 5, 2026, to the employment agreement effective April 20, 2023
  • Annual base salary set at no less than $1,000,000 and cannot be decreased
  • Board reviews salary annually and may increase it; no other material terms changed

The filing

CompanyW&T OFFSHORE INC (WTI)
Form8-K, current report
Filed with the SECAug 7, 2026, 4:56 PM ET
Accession number0001104659-26-092767

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 August 07, 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.