{"schema_version":"secwatch.filing_event.v1","accession":"0001603923-24-000107","form_type":"8-K","ticker":"WFRD","cik":"0001603923","company_name":"Weatherford International plc","filed_at":"2024-07-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:13.730572+00:00","generated_at":"2026-05-31T18:05:13.036429+00:00","sec_items":["2.02","5.02","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Weatherford Q2 revenue $1.4B up 10% YoY; initiates first-ever dividend and $500M buyback","bullets":["Revenue $1,405M (+10% YoY); net income $125M (+52% YoY); operating income $264M (+31% YoY).","Adjusted EBITDA $365M (margin 26.0%, +314 bps YoY); adjusted free cash flow $96M.","First-ever shareholder return: quarterly dividend $0.25/share ($1 annual), $500M repurchase through June 2027.","Redeemed 6.5% Senior Secured Notes; net leverage 0.5x; credit facility expanded to $720M.","Appointed Steven Beringhause to board (now 6 directors); launched ForeSite EDGE 2.0 automation solution."],"urls":{"canonical":"https://secwatch.observer/filing/0001603923-24-000107","json":"https://secwatch.observer/filing/0001603923-24-000107.json","markdown":"https://secwatch.observer/filing/0001603923-24-000107.md","text":"https://secwatch.observer/filing/0001603923-24-000107.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1603923/000160392324000107/0001603923-24-000107-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1603923/000160392324000107/wfrd-20240723.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T18:05:13.036429+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c0d4a31694","claim":"Steven Beringhause was appointed as Director at Weatherford International plc.","evidence_excerpt":"On July 23, 2024, the Board increased the size of the Board to six directors and appointed Steven Beringhause to fill the resulting vacancy.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1603923/000160392324000107/0001603923-24-000107-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}