secwatch.observer — SEC 8-K summary
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Issuer:     SUPERIOR ENERGY SERVICES INC (—)
CIK:        0000886835
Form:       8-K
Filed at:   2024-08-19T23:59:59+00:00
Accession:  0001193125-24-202588
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Superior Energy appoints David Lesar as CEO and Chairman; Brian Moore departs
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- David Lesar (former Halliburton CEO) named CEO and Chairman; base salary $1M, target bonus 150%.
- CEO receives 32,960 restricted shares and 808,247 PSUs; stock valued at $60.68/share as of June 30, 2024.
- James Brown named President/COO; base $800K, target bonus 125%, 32,960 RSUs and 606,185 PSUs.
- Separation: Brian Moore gets lump sums of $1,687,500 and $527,152 plus accelerated RSUs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/886835/000119312524202588/0001193125-24-202588-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/886835/000119312524202588/d871094d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-202588

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