secwatch.observer — SEC 8-K summary
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Issuer:     Select Water Solutions, Inc. (WTTR)
CIK:        0001693256
Form:       8-K
Filed at:   2023-05-08T23:59:59+00:00
Accession:  0001104659-23-057221
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 5.03, 5.07, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Select Energy Services renames to Select Water Solutions; CEO gets new employment pact
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- CEO Schmitz new employment agreement through Dec 2025: $800k salary, 115% bonus target, 2x severance (3x on change in control).
- Stockholders approved name change to Select Water Solutions, Inc.; effective May 8, 2023; ticker WTTR unchanged.
- Officer exculpation amendment to charter approved per new Delaware law provisions.
- All director nominees elected; Grant Thornton ratified as independent auditor for FY2023.
- Annual meeting votes passed with 78.65% quorum of shares present.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1693256/000110465923057221/0001104659-23-057221-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1693256/000110465923057221/tm2314960d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-057221

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