Nabors shareholders reject executive compensation in advisory vote; all directors re-elected

NABORS INDUSTRIES LTD

Advisory vote on named executive officer compensation failed with only 33.72% approval (3.82M for, 7.50M against).
All eight director nominees elected by majority of shares voted; James R. Crane received highest support (10.80M for).
Appointment of PricewaterhouseCoopers as auditor approved with 97.38% of votes cast (12.53M for).
Amendment No. 5 to 2016 Stock Plan approved with 90.76% of votes cast (10.29M for).
Turnout: 12.87M shares voted (80.61% of outstanding shares).

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

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 2026-06-02 meeting.

Proposal: auditor ratification
Outcome: passed
Meeting: 2026-06-02

Exact text from the filing

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 12,529,135 Against 297,829 Abstain 39,375 RESULT: Approved (97.38% For)

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

NABORS INDUSTRIES LTD shareholders approved Election of Directors at the 2026-06-02 meeting.

Proposal: director election
Outcome: passed
Meeting: 2026-06-02

Exact text from the filing

A. Election of Directors * Shares For Shares Withheld Nonvotes Result Tanya S. Beder 8,812,944 2,527,210 1,526,185 Approved Anthony R. Chase 9,665,615 1,674,539 1,526,185 Approved James R. Crane 10,797,082 543,072 1,526,185 Approved John P. Kotts 9,721,344 1,618,810 1,526,185 Approved Michael C. Linn 9,542,563 1,797,591 1,526,185 Approved Anthony G. Petrello 10,788,160 551,994 1,526,185 Approved David J. Tudor 10,980,836 359,318 1,526,185 Approved John Yearwood 10,658,523 681,631 1,526,185 Approved *All directors were elected by a majority of shares voted.

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

NABORS INDUSTRIES LTD shareholders rejected Advisory Vote on Compensation of Named Executive Officers at the 2026-06-02 meeting.

Proposal: say on pay
Outcome: failed
Meeting: 2026-06-02

Exact text from the filing

C. Advisory Vote on Compensation of Named Executive Officers For 3,823,997 Against 7,497,073 Abstain 19,084 Nonvotes 1,526,185 RESULT: Not Approved (33.72% For)

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

NABORS INDUSTRIES LTD shareholders approved Approval of Amendment No. 5 to the Company's Amended and Restated 2016 Stock Plan at the 2026-06-02 meeting.

Proposal: equity plan
Outcome: passed
Meeting: 2026-06-02

Exact text from the filing

D. Approval of Amendment No. 5 to the Company’s Amended and Restated 2016 Stock Plan For 10,292,678 Against 1,032,052 Abstain 15,424 Nonvotes 1,526,185 RESULT: Approved (90.76% For)

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1653 shareholder votes filed in the last 30 days. Browse all shareholder votes →

NABORS INDUSTRIES LTD filing history →

Source: SEC EDGAR

accession 0001104659-26-070958

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