8-K
filed September 1, 2026, 8:44 AM ET
ticker NCSM
CIK 0001692427
M&A
confidence high
sentiment neutral
materiality 0.95
NCS Multistage completes Weatherford merger; shareholders get 0.5537 WFT shares or cash/stock mix
NCS Multistage Holdings, Inc.
- Merger completed Sept 1, 2026; NCSM now wholly owned subsidiary of Weatherford International.
- Stockholders could elect 0.5537 Weatherford shares per NCSM share or mixed cash+0.2392 shares; ~55% chose mixed, ~99.2% receive it.
- NCSM stock to be delisted from Nasdaq; Form 25 and Form 15 to be filed to end registration and reporting.
- Credit agreement with JPMorgan terminated; all outstanding obligations paid in full and liens released.
- Board and officers replaced; CEO Hummer and CFO Morrison resigned, new officers from Weatherford appointed.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Ori Lev resigned as Executive Vice President, General Counsel and Secretary at NCS Multistage Holdings, Inc..
- Action
- resigned
- Role
- Executive Vice President, General Counsel and Secretary
Exact text from the filing
Certain officers of the Company, who resigned in their capacity as officers, but not employees, in connection with the Merger, immediately prior to the Effective Time were Ryan Hummer, Chief Executive Officer, Michael Morrison, Chief Financial Officer and Treasurer, Tim Willems, Chief Operations Officer, Ori Lev, Executive Vice President, General Counsel and Secretary and Dewayne Williams, Vice President and Controller.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Michael McShane resigned as Director at NCS Multistage Holdings, Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
Effective as of the Effective Time, in accordance with the Merger Agreement, each member of the Company’s board of directors and certain of the Company’s officers resigned from and ceased serving on the Company’s board of directors (including any committees thereof) and as officers of the Company, as applicable.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.85
Depinder Sandhu was appointed as other_named_officer at NCS Multistage Holdings, Inc..
- Action
- became
Exact text from the filing
from and after the Effective Time, Beth Ann Dranguet became the sole director of the Company, and Beth Ann Dranguet, Depinder Sandhu, Maximiliano A. Kricorian, and Steven F. Carvalho became officers of the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Tim Willems resigned as Chief Operations Officer at NCS Multistage Holdings, Inc..
- Action
- resigned
- Role
- Chief Operations Officer
Exact text from the filing
Certain officers of the Company, who resigned in their capacity as officers, but not employees, in connection with the Merger, immediately prior to the Effective Time were Ryan Hummer, Chief Executive Officer, Michael Morrison, Chief Financial Officer and Treasurer, Tim Willems, Chief Operations Officer, Ori Lev, Executive Vice President, General Counsel and Secretary and Dewayne Williams, Vice President and Controller.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Ryan Hummer resigned as Chief Executive Officer at NCS Multistage Holdings, Inc..
- Action
- resigned
- Role
- Chief Executive Officer
Exact text from the filing
Certain officers of the Company, who resigned in their capacity as officers, but not employees, in connection with the Merger, immediately prior to the Effective Time were Ryan Hummer, Chief Executive Officer, Michael Morrison, Chief Financial Officer and Treasurer, Tim Willems, Chief Operations Officer, Ori Lev, Executive Vice President, General Counsel and Secretary and Dewayne Williams, Vice President and Controller.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.85
Beth Ann Dranguet was appointed as other_named_officer at NCS Multistage Holdings, Inc..
- Action
- became
Exact text from the filing
from and after the Effective Time, Beth Ann Dranguet became the sole director of the Company, and Beth Ann Dranguet, Depinder Sandhu, Maximiliano A. Kricorian, and Steven F. Carvalho became officers of the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Dewayne Williams resigned as Vice President and Controller at NCS Multistage Holdings, Inc..
- Action
- resigned
- Role
- Vice President and Controller
Exact text from the filing
Certain officers of the Company, who resigned in their capacity as officers, but not employees, in connection with the Merger, immediately prior to the Effective Time were Ryan Hummer, Chief Executive Officer, Michael Morrison, Chief Financial Officer and Treasurer, Tim Willems, Chief Operations Officer, Ori Lev, Executive Vice President, General Counsel and Secretary and Dewayne Williams, Vice President and Controller.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
W. Matt Ralls resigned as Director at NCS Multistage Holdings, Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
Effective as of the Effective Time, in accordance with the Merger Agreement, each member of the Company’s board of directors and certain of the Company’s officers resigned from and ceased serving on the Company’s board of directors (including any committees thereof) and as officers of the Company, as applicable.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
John Deane resigned as Director at NCS Multistage Holdings, Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
Effective as of the Effective Time, in accordance with the Merger Agreement, each member of the Company’s board of directors and certain of the Company’s officers resigned from and ceased serving on the Company’s board of directors (including any committees thereof) and as officers of the Company, as applicable.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.85
Maximiliano A. Kricorian was appointed as other_named_officer at NCS Multistage Holdings, Inc..
- Action
- became
Exact text from the filing
from and after the Effective Time, Beth Ann Dranguet became the sole director of the Company, and Beth Ann Dranguet, Depinder Sandhu, Maximiliano A. Kricorian, and Steven F. Carvalho became officers of the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Gurinder Grewal resigned as Director at NCS Multistage Holdings, Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
Effective as of the Effective Time, in accordance with the Merger Agreement, each member of the Company’s board of directors and certain of the Company’s officers resigned from and ceased serving on the Company’s board of directors (including any committees thereof) and as officers of the Company, as applicable.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Robert Nipper resigned as Director at NCS Multistage Holdings, Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
Effective as of the Effective Time, in accordance with the Merger Agreement, each member of the Company’s board of directors and certain of the Company’s officers resigned from and ceased serving on the Company’s board of directors (including any committees thereof) and as officers of the Company, as applicable.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.85
Steven F. Carvalho was appointed as other_named_officer at NCS Multistage Holdings, Inc..
- Action
- became
Exact text from the filing
from and after the Effective Time, Beth Ann Dranguet became the sole director of the Company, and Beth Ann Dranguet, Depinder Sandhu, Maximiliano A. Kricorian, and Steven F. Carvalho became officers of the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Beth Ann Dranguet was appointed as Director at NCS Multistage Holdings, Inc..
- Action
- became
- Role
- Director
Exact text from the filing
from and after the Effective Time, Beth Ann Dranguet became the sole director of the Company, and Beth Ann Dranguet, Depinder Sandhu, Maximiliano A. Kricorian, and Steven F. Carvalho became officers of the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Ryan Hummer resigned as Director at NCS Multistage Holdings, Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
Effective as of the Effective Time, in accordance with the Merger Agreement, each member of the Company’s board of directors and certain of the Company’s officers resigned from and ceased serving on the Company’s board of directors (including any committees thereof) and as officers of the Company, as applicable.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Michael Morrison resigned as Chief Financial Officer and Treasurer at NCS Multistage Holdings, Inc..
- Action
- resigned
- Role
- Chief Financial Officer and Treasurer
Exact text from the filing
Certain officers of the Company, who resigned in their capacity as officers, but not employees, in connection with the Merger, immediately prior to the Effective Time were Ryan Hummer, Chief Executive Officer, Michael Morrison, Chief Financial Officer and Treasurer, Tim Willems, Chief Operations Officer, Ori Lev, Executive Vice President, General Counsel and Secretary and Dewayne Williams, Vice President and Controller.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Valerie Mitchell resigned as Director at NCS Multistage Holdings, Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
Effective as of the Effective Time, in accordance with the Merger Agreement, each member of the Company’s board of directors and certain of the Company’s officers resigned from and ceased serving on the Company’s board of directors (including any committees thereof) and as officers of the Company, as applicable.
View on SEC.gov
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