---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-070958"
form_type: "8-K"
ticker: "NBR"
cik: "0001163739"
company_name: "NABORS INDUSTRIES LTD"
filed_at: "2026-06-05T20:02:15+00:00"
generated_at: "2026-06-05T20:03:20.848656+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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).

## SEC filing metadata
- accession: 0001104659-26-070958
- form_type: 8-K
- ticker: NBR
- cik: 0001163739
- company_name: NABORS INDUSTRIES LTD
- filed_at: 2026-06-05T20:02:15+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1163739/000110465926070958/0001104659-26-070958-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1163739/000110465926070958/tm2616737d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-070958
- JSON: https://secwatch.observer/filing/0001104659-26-070958.json
- Plain text: https://secwatch.observer/filing/0001104659-26-070958.txt

## Key facts
- Shareholder Votes
  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
  source text: 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)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1163739/000110465926070958/0001104659-26-070958-index.htm
- Shareholder Votes
  NABORS INDUSTRIES LTD shareholders approved Election of Directors at the 2026-06-02 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2026-06-02
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1163739/000110465926070958/0001104659-26-070958-index.htm
- Shareholder Votes
  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
  source text: 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)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1163739/000110465926070958/0001104659-26-070958-index.htm
- Shareholder Votes
  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
  source text: 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)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1163739/000110465926070958/0001104659-26-070958-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.