secwatch.observer — SEC 8-K summary
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Issuer:     SUPERIOR ENERGY SERVICES INC (—)
CIK:        0000886835
Form:       8-K
Filed at:   2024-03-20T23:59:59+00:00
Accession:  0000950170-24-034229
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Superior Energy amends Stockholders Agreement; board size reduced to 6-7, fewer designated directors
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- Sixth Amendment to Stockholders Agreement effective March 15, 2024 reduces board size from fixed 7 to range of 6-7.
- Majority Directors reduced to as few as two; no longer requires CEO or designees from Goldentree and Monarch.
- Previously required three Majority Directors, one CEO, two Goldentree, one Monarch designees.
- Annual Meeting set for May 8, 2024; proxy statement to be mailed around March 22.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/886835/000095017024034229/0000950170-24-034229-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/886835/000095017024034229/spn-20240315.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-034229

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