secwatch.observer — SEC 8-K summary
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Issuer:     DCP Midstream, LP (—)
CIK:        0001338065
Form:       8-K
Filed at:   2023-10-16T23:59:59+00:00
Accession:  0001193125-23-256878
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 1.02, 3.01, 3.03, 5.03, 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DCP Midstream redeems Series C Preferred units, delists them, removes independent directors
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- Redeemed all 7.95% Series C Preferred Units on Oct 16, 2023; NYSE trading suspended and delisted.
- Independent directors Fred J. Fowler, William F. Kimble, Bill W. Waycaster removed from board.
- Entered new Services and Employee Secondment Agreement with Phillips 66 Company, replacing existing agreement.
- Adopted Sixth Restated Partnership Agreement and other governance documents reflecting sole Phillips 66 ownership.
- Written consent from all Common Unit holders approved the services agreement and new partnership agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1338065/000119312523256878/0001193125-23-256878-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1338065/000119312523256878/d489085d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-256878

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer