{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-069916","form_type":"8-K","ticker":"NBR","cik":"0001163739","company_name":"NABORS INDUSTRIES LTD","filed_at":"2023-06-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.095211+00:00","generated_at":"2026-06-14T03:32:38.243975+00:00","sec_items":["5.07"],"event_type":"other_material","sentiment":"negative","materiality_score":0.5,"calibrated_materiality_score":0.15,"confidence":"high","headline":"Nabors shareholders reject advisory vote on executive compensation at 2023 AGM","bullets":["Advisory vote on named executive officer compensation failed with 39.69% for (3,324,246 for, 5,049,478 against).","All eight director nominees elected by majority; James R. Crane received most votes (7,579,661 for).","PricewaterhouseCoopers LLP ratified as independent auditor with 97.70% approval (8,903,838 for).","Advisory vote on frequency chose '1 Year' (91.98%); board will hold annual say-on-pay votes going forward."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-069916","json":"https://secwatch.observer/filing/0001104659-23-069916.json","markdown":"https://secwatch.observer/filing/0001104659-23-069916.md","text":"https://secwatch.observer/filing/0001104659-23-069916.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1163739/000110465923069916/0001104659-23-069916-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1163739/000110465923069916/tm2318010d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T03:32:38.243975+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":"b0ccb7f4a5ef1bde65fd54541d63cacfd269bf14","claim":"NABORS INDUSTRIES LTD shareholders rejected Advisory Vote on Compensation of Named Executive Officers at the 2023-06-06 meeting.","evidence_excerpt":"C. Advisory Vote on Compensation of Named Executive Officers For 3,324,246 Against 5,049,478 Abstain 15,042 Nonvotes 731,652 RESULT: Not Approved (39.69% For)","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1163739/000110465923069916/0001104659-23-069916-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay"},{"label":"Outcome","value":"failed"},{"label":"Meeting","value":"2023-06-06"}],"fact_type":"shareholder_vote"},{"claim_id":"bc513cbc842aab7f5c1e29498e213dc9a0591f2d","claim":"NABORS INDUSTRIES LTD shareholders approved Advisory Vote on Frequency of Future Votes to Approve Named Executive Officer Compensation at the 2023-06-06 meeting.","evidence_excerpt":"D. Advisory Vote on Frequency of Future Votes to Approve Named Executive Officer Compensation 1 Year 7,367,592 2 Years 3,113 3 Years 638,812 Abstain 379,249 Nonvotes 731,652 RESULT: 1 Year (91.98%)","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1163739/000110465923069916/0001104659-23-069916-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay frequency"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-06-06"}],"fact_type":"shareholder_vote"},{"claim_id":"cd91d8981934e96a12d0fe64a8ce45868a8ab11d","claim":"NABORS INDUSTRIES LTD shareholders approved Approval and Appointment of PricewaterhouseCoopers LLP as Our Independent Auditor and Authorization for the Audit Committee To Set the Independent Auditor’s Remuneration at the 2023-06-06 meeting.","evidence_excerpt":"B. Approval and Appointment of PricewaterhouseCoopers LLP as Our Independent Auditor and Authorization for the Audit Committee To Set the Independent Auditor’s Remuneration For 8,903,838 Against 209,197 Abstain 7,383 RESULT: Approved (97.70% For)","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1163739/000110465923069916/0001104659-23-069916-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"auditor ratification"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-06-06"}],"fact_type":"shareholder_vote"},{"claim_id":"e3324945678ec1dba14be421e39fc04a51f8d2d9","claim":"NABORS INDUSTRIES LTD shareholders approved Election of Directors at the 2023-06-06 meeting.","evidence_excerpt":"A. Election of Directors * Shares For Shares Withheld Nonvotes Result Tanya S. Beder 6,786,465 1,602,301 731,652 Elected Anthony R. Chase 7,008,049 1,380,717 731,652 Elected James R. Crane 7,579,661 809,105 731,652 Elected John P. Kotts 7,149,781 1,238,985 731,652 Elected Michael C. Linn 6,389,615 1,999,151 731,652 Elected Anthony G. Petrello 7,508,899 879,867 731,652 Elected John Yearwood 7,548,717 840,049 731,652 Elected *All directors were elected by a majority of shares voted.","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1163739/000110465923069916/0001104659-23-069916-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-06-06"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}