secwatch.observer — SEC 8-K summary
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Issuer:     Helmerich & Payne, Inc. (HP)
CIK:        0000046765
Form:       8-K
Filed at:   2026-03-16T23:59:59+00:00
Accession:  0000046765-26-000020
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CFO Kevin Vann to retire June 30; Todd Scruggs named successor
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- Kevin Vann, SVP and CFO, to retire effective June 30, 2026; will serve as senior advisor through Dec 31, 2026.
- Todd Scruggs, currently VP Corporate Finance & Treasurer, appointed SVP and CFO effective July 1, 2026.
- Scruggs previously held roles at WPX Energy, Devon Energy, and Veriten; joined H&P in November 2024.
- Vann's retirement is not due to any disagreement; he received a transition agreement including a $750,000 bonus.
- Leadership update follows Trey Adams' appointment as CEO on March 4, 2026; CFO transition is part of alignment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/46765/000004676526000020/0000046765-26-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/46765/000004676526000020/hp-20260310.htm
  HTML page:      https://secwatch.observer/filing/0000046765-26-000020

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer