secwatch.observer — SEC 8-K summary
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Issuer:     Seadrill Ltd (SDRL)
CIK:        0001737706
Form:       8-K
Filed at:   2025-05-19T23:59:59+00:00
Accession:  0001193125-25-122467
Event type: other_material
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Seadrill AGM re-elects all directors; say-on-pay frequency set to 1 year
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- All 9 director nominees re-elected; Andrew Schultz received 9.1M votes against (23.6% of votes cast).
- Advisory vote to approve executive compensation passed with 37.5M for vs 2.4M against.
- Frequency of future advisory votes on executive compensation: 1 year (38.5M votes) chosen over 2 or 3 years.
- PwC US ratified as auditor for FY2025 with 48.8M votes for and 1.1M against.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1737706/000119312525122467/0001193125-25-122467-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1737706/000119312525122467/d61529d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-122467

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