secwatch.observer — SEC 8-K summary
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Issuer:     FLOTEK INDUSTRIES INC/CN/ (FTK)
CIK:        0000928054
Form:       8-K
Filed at:   2022-04-21T23:59:59+00:00
Accession:  0000928054-22-000095
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Two Flotek board members to not stand for reelection to make room for ProFrac nominees
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- Ted D. Brown (director since 2013) and Paul W. Hobby (since 2019) will not stand for reelection at 2022 annual meeting.
- Departures are to allow ProFrac Holdings, LLC to nominate two directors per Master Transaction Agreement dated Feb 2, 2022.
- Neither departure resulted from disagreement on operations, policies, or procedures.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/928054/000092805422000095/0000928054-22-000095-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/928054/000092805422000095/usgaap-20220415.htm
  HTML page:      https://secwatch.observer/filing/0000928054-22-000095

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