{"schema_version":"secwatch.filing_event.v1","accession":"0000928054-22-000130","form_type":"8-K","ticker":"FTK","cik":"0000928054","company_name":"FLOTEK INDUSTRIES INC/CN/","filed_at":"2022-05-18T23:59:59+00:00","discovered_at":"2026-05-14T18:04:04.461146+00:00","generated_at":"2026-06-25T10:55:38.900932+00:00","sec_items":["1.01","2.03","3.02","5.02","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Flotek closes ProFrac deal, amends supply agreement to 10-year/70% minimum, issues $50M notes, CFO departs","bullets":["Closed transaction with ProFrac: amended Chemical Supply Agreement to 10-year term, minimum purchase = greater of 70% of requirements or chemicals for 30 fleets.","Issued $50M principal of 10% Convertible PIK Notes to ProFrac Holdings as part of closing.","CFO Michael Borton departed (without cause); Seham Carson appointed Interim CFO (base salary $240k, 100k RSUs vesting over 3 years).","Registration Rights Agreement with ProFrac for resale of common stock acquired."],"urls":{"canonical":"https://secwatch.observer/filing/0000928054-22-000130","json":"https://secwatch.observer/filing/0000928054-22-000130.json","markdown":"https://secwatch.observer/filing/0000928054-22-000130.md","text":"https://secwatch.observer/filing/0000928054-22-000130.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/928054/000092805422000130/0000928054-22-000130-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/928054/000092805422000130/usgaap-20220517.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-25T10:55:38.900932+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1eb9a18f47","claim":"Seham S. Carson was appointed as Interim Chief Financial Officer at FLOTEK INDUSTRIES INC/CN/.","evidence_excerpt":"Seham S. Carson, the Company’s Corporate Controller, will serve as the Company’s Interim Chief Financial Officer, principal financial officer and principal accounting officer effective May 17, 2022.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/928054/000092805422000130/0000928054-22-000130-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Interim Chief Financial Officer"}],"fact_type":"executive_change"},{"claim_id":"22cea3db2a","claim":"Michael E. Borton departed as Chief Financial Officer at FLOTEK INDUSTRIES INC/CN/.","evidence_excerpt":"On May 17, 2022, Michael E. Borton, the Chief Financial Officer of the Company, departed the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/928054/000092805422000130/0000928054-22-000130-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"departed"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}