--- schema_version: "secwatch.filing_event.v1" accession: "0001193125-26-377638" form_type: "8-K" ticker: "NCSM" cik: "0001692427" company_name: "NCS Multistage Holdings, Inc." filed_at: "2026-09-01T12:44:59+00:00" generated_at: "2026-09-01T12:50:13.357672+00:00" event_type: "m_and_a" sentiment: "neutral" materiality_score: 0.95 calibrated_materiality_score: 0.95 confidence: "high" source: SEC EDGAR --- # NCS Multistage completes Weatherford merger; shareholders get 0.5537 WFT shares or cash/stock mix ## Summary - 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. ## SEC filing metadata - accession: 0001193125-26-377638 - form_type: 8-K - ticker: NCSM - cik: 0001692427 - company_name: NCS Multistage Holdings, Inc. - filed_at: 2026-09-01T12:44:59+00:00 - event_type: m_and_a - sentiment: neutral - materiality_score: 0.95 - calibrated_materiality_score: 0.95 - confidence: high - sec_items: 1.02, 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1692427/000119312526377638/0001193125-26-377638-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1692427/000119312526377638/d534761d8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001193125-26-377638 - JSON: https://secwatch.observer/filing/0001193125-26-377638.json - Plain text: https://secwatch.observer/filing/0001193125-26-377638.txt ## Key facts - Executive change 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 source text: 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. evidence_url: https://www.sec.gov/Archives/edgar/data/1692427/000119312526377638/0001193125-26-377638-index.htm - Executive change Michael McShane resigned as Director at NCS Multistage Holdings, Inc.. - Action: resigned - Role: Director source text: 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. evidence_url: https://www.sec.gov/Archives/edgar/data/1692427/000119312526377638/0001193125-26-377638-index.htm - Executive change Depinder Sandhu was appointed as other_named_officer at NCS Multistage Holdings, Inc.. - Action: became source text: 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. evidence_url: https://www.sec.gov/Archives/edgar/data/1692427/000119312526377638/0001193125-26-377638-index.htm - Executive change Tim Willems resigned as Chief Operations Officer at NCS Multistage Holdings, Inc.. - Action: resigned - Role: Chief Operations Officer source text: 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. evidence_url: https://www.sec.gov/Archives/edgar/data/1692427/000119312526377638/0001193125-26-377638-index.htm - Executive change Ryan Hummer resigned as Chief Executive Officer at NCS Multistage Holdings, Inc.. - Action: resigned - Role: Chief Executive Officer source text: 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. evidence_url: https://www.sec.gov/Archives/edgar/data/1692427/000119312526377638/0001193125-26-377638-index.htm - Executive change Beth Ann Dranguet was appointed as other_named_officer at NCS Multistage Holdings, Inc.. - Action: became source text: 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. evidence_url: https://www.sec.gov/Archives/edgar/data/1692427/000119312526377638/0001193125-26-377638-index.htm - Executive change Dewayne Williams resigned as Vice President and Controller at NCS Multistage Holdings, Inc.. - Action: resigned - Role: Vice President and Controller source text: 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. evidence_url: https://www.sec.gov/Archives/edgar/data/1692427/000119312526377638/0001193125-26-377638-index.htm - Executive change W. Matt Ralls resigned as Director at NCS Multistage Holdings, Inc.. - Action: resigned - Role: Director source text: 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. evidence_url: https://www.sec.gov/Archives/edgar/data/1692427/000119312526377638/0001193125-26-377638-index.htm - Executive change John Deane resigned as Director at NCS Multistage Holdings, Inc.. - Action: resigned - Role: Director source text: 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. evidence_url: https://www.sec.gov/Archives/edgar/data/1692427/000119312526377638/0001193125-26-377638-index.htm - Executive change Maximiliano A. Kricorian was appointed as other_named_officer at NCS Multistage Holdings, Inc.. - Action: became source text: 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. evidence_url: https://www.sec.gov/Archives/edgar/data/1692427/000119312526377638/0001193125-26-377638-index.htm - Executive change Gurinder Grewal resigned as Director at NCS Multistage Holdings, Inc.. - Action: resigned - Role: Director source text: 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. evidence_url: https://www.sec.gov/Archives/edgar/data/1692427/000119312526377638/0001193125-26-377638-index.htm - Executive change Robert Nipper resigned as Director at NCS Multistage Holdings, Inc.. - Action: resigned - Role: Director source text: 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. evidence_url: https://www.sec.gov/Archives/edgar/data/1692427/000119312526377638/0001193125-26-377638-index.htm - Executive change Steven F. Carvalho was appointed as other_named_officer at NCS Multistage Holdings, Inc.. - Action: became source text: 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. evidence_url: https://www.sec.gov/Archives/edgar/data/1692427/000119312526377638/0001193125-26-377638-index.htm - Executive change Beth Ann Dranguet was appointed as Director at NCS Multistage Holdings, Inc.. - Action: became - Role: Director source text: 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. evidence_url: https://www.sec.gov/Archives/edgar/data/1692427/000119312526377638/0001193125-26-377638-index.htm - Executive change Ryan Hummer resigned as Director at NCS Multistage Holdings, Inc.. - Action: resigned - Role: Director source text: 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. evidence_url: https://www.sec.gov/Archives/edgar/data/1692427/000119312526377638/0001193125-26-377638-index.htm - Executive change Michael Morrison resigned as Chief Financial Officer and Treasurer at NCS Multistage Holdings, Inc.. - Action: resigned - Role: Chief Financial Officer and Treasurer source text: 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. evidence_url: https://www.sec.gov/Archives/edgar/data/1692427/000119312526377638/0001193125-26-377638-index.htm - Executive change Valerie Mitchell resigned as Director at NCS Multistage Holdings, Inc.. - Action: resigned - Role: Director source text: 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. evidence_url: https://www.sec.gov/Archives/edgar/data/1692427/000119312526377638/0001193125-26-377638-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.