secwatch.observer — SEC 8-K summary
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Issuer:     Helmerich & Payne, Inc. (HP)
CIK:        0000046765
Form:       8-K
Filed at:   2026-09-22T20:04:33+00:00
Accession:  0000046765-26-000051
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Helmerich & Payne raises CEO Trey Adams' base salary to $1.0M, CFO to $570K
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- CEO Adams' base salary to $1,000,000 effective Oct 1, 2026; bonus target 130% and LTI 500% of base for FY2027.
- CFO Todd Scruggs' base salary to $570,000 effective Oct 1, 2026; bonus target 100% of base for FY2027.
- Board ratified compensation increases previously approved by Human Resources Committee on Sept 16, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/46765/000004676526000051/0000046765-26-000051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/46765/000004676526000051/hp-20260916.htm
  HTML page:      https://secwatch.observer/filing/0000046765-26-000051

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