---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-347934"
form_type: "8-K"
ticker: "INVX"
cik: "0001042893"
company_name: "Innovex International, Inc."
filed_at: "2021-12-03T23:59:59+00:00"
generated_at: "2026-06-28T03:43:52.319669+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Dril-Quip appoints Kyle McClure as CFO effective Jan 1, 2022

## Summary
- Kyle McClure appointed VP & CFO effective Jan 1, 2022; previously CFO of Airswift and Frank's International.
- Base salary of $400,000, sign-on bonus of $200,000, and initial equity grant of $1.7M (restricted stock & performance units).
- James C. Webster (General Counsel) entered new employment agreement with base salary of $360,000, effective same date.
- Both agreements provide severance multiples (1x salary without cause; 2x in change of control) with non-compete and non-solicit covenants.

## SEC filing metadata
- accession: 0001193125-21-347934
- form_type: 8-K
- ticker: INVX
- cik: 0001042893
- company_name: Innovex International, Inc.
- filed_at: 2021-12-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1042893/000119312521347934/0001193125-21-347934-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1042893/000119312521347934/d218298d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-347934
- JSON: https://secwatch.observer/filing/0001193125-21-347934.json
- Plain text: https://secwatch.observer/filing/0001193125-21-347934.txt

## Key facts
- Executive change
  Kyle F. McClure was appointed as Vice President and Chief Financial Officer at Innovex International, Inc..
  - Action: appointed
  - Role: Vice President and Chief Financial Officer
  source text: Dril-Quip, Inc. (the “Company” or “Dril-Quip”) announced today that its Board of Directors (the “Board”) has appointed Kyle F. McClure as its Vice President and Chief Financial Officer, effective as of January 1, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1042893/000119312521347934/0001193125-21-347934-index.htm

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