secwatch / observer

NPK International Inc. — fact timeline

Source-grounded facts extracted from NPK International Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

NPKI NPK International Inc. JSON
Shareholder Votes

NPK International Inc. shareholders approved Ratification of the appointment of Deloitte & Touche LLP as independent registered public accounting firm for fiscal year 2026 at the 2026-05-20 meeting.

“Proposal 3: Ratification of the appointment of independent registered public accounting firm : The stockholders of the Company ratified the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the fiscal year 2026. For Against Abstain/Withheld Broker Non-Votes 77,213,467 170,861 52,447 0”
Shareholder Votes

NPK International Inc. shareholders approved Advisory vote to approve named executive officer compensation at the 2026-05-20 meeting.

“Proposal 2: An advisory vote on named executive officer compensation : The stockholders of the Company approved, on a non-binding advisory basis, the compensation of the named executive officers as described in the Company's Proxy Statement. For Against Abstain/Withheld Broker Non-Votes 67,786,645 3,004,510 60,614 6,585,006”
Shareholder Votes

NPK International Inc. shareholders approved Election of seven director nominees at the 2026-05-20 meeting.

“Proposal 1: Election of Directors : The stockholders of the Company elected each of the following director nominees for a term that will continue until the 2027 Annual Meeting of Stockholders. Director For Against Abstain/Withheld Broker Non-Votes Joseph A. Cutillo 70,166,626 661,056 24,087 6,585,006 Matthew S. Lanigan 70,466,174 361,248 24,347 6,585,006 Roderick A. Larson 68,951,232 1,876,402 24,135 6,585,006 Michael A. Lewis 66,145,743 4,681,381 24,645 6,585,006 Claudia M. Meer 69,186,985 1,628,445 36,339 6,585,006 John C. Mingé 69,321,190 1,506,166 24,413 6,585,006 Rose M. Robeson 70,387,149 440,517 24,103 6,585,006”
Earnings Releases

NPK International Inc. reported the first quarter ended March 31, 2026 results: revenue $75.1 million, net income $10.4 million, EPS $0.12 per diluted share. Guidance raised.

“NPK REPORTS FIRST QUARTER 2026 RESULTS Company reports revenues of $75 million, diluted EPS of $0.12; Raises full-year guidance”
Earnings Releases

NPK International Inc. reported the three months ended March 31, 2026 results: revenue $75.1 million, net income $10.4 million, EPS $0.12 per diluted share. Guidance raised.

“of each non-GAAP financial measure are included in the attached Exhibit 99.1. --- EX-99.1 (EX-99.1) --- NPK REPORTS FIRST QUARTER 2026 RESULTS Company reports revenues of $75 million, diluted EPS of $0.12; Raises full-year guidance THE WOODLANDS, TEXAS – April 30, 2026 – NPK International Inc. (NYSE: NPKI) (“NPK” or the “Company”) today announced results for”
Material Agreements

NPK International Inc. entered into Share Purchase Agreement with the shareholders of Grassform valued at £35.2 ($46.4) million (effective 2025-11-24).

“On November 24, 2025, NPK Holdings LLC (“NPK Holdings”), a wholly-owned subsidiary of NPK International Inc. (“Company”), entered into a share sale and purchase agreement (the “Share Purchase Agreement”) and completed the acquisition of the entire issued share capital of Grassform Plant Hire Limited (“Grassform”), a private limited company incorporated in England and Wales, from the shareholders of Grassform (the “Sellers”).”
M&A Transactions

NPK International Inc. completed an acquisition involving shareholders of Grassform for £35.2 ($46.4) million satisfied in cash at closing (closed 2025-11-24).

“of Grassform (the “Sellers”). Under the terms of the Share Purchase Agreement, the total consideration payable by NPK Holdings to the Sellers consisted of a payment of £35.2 ($46.4) million satisfied in cash at closing, subject to customary post-closing adjustments pursuant to completion accounts and certain other adjustment mechanisms. Additional”
Debt Financings

NPK International Inc. incurred revolving credit of $150 million with Bank of America, N.A., as administrative agent, swingline lender and a letter of credit issuer at Term SOFR rate plus a per annum applicable margin maturing June 20, 2030.

“On June 20, 2025, NPK International Inc., a Delaware corporation (the “Company”), as borrower, and certain of its subsidiaries, as guarantors, entered into a credit agreement (the “Credit Agreement”) with Bank of America, N.A., as administrative agent, swingline lender and a letter of credit issuer, and a group of lenders, including Bank of America, N.A. The Credit Agreement provides for a senior secured revolving credit facility with aggregate commitments of $150 million (the “Facility”)”

Joseph A. Cutillo was appointed as Director at NPK International Inc..

“On March 10, 2025, the Board of Directors (the “Board”) of NPK International Inc. (“the Company”) elected to increase the size of the Board from seven directors to eight directors effective March 10, 2025 and appointed Mr. Joseph A. Cutillo to fill the resulting vacancy.”
Governance Changes

NPK International Inc.: Amended bylaws to reflect new corporate name NPK International Inc.; no other changes (effective 2024-12-09).

“the Board also approved the Company’s Amended and Restated Bylaws, which were amended to reflect the corporate name NPK International Inc.”
Governance Changes

NPK International Inc.: Amended certificate of incorporation to change corporate name from Newpark Resources, Inc. to NPK International Inc (effective 2024-12-09).

“Newpark Resources, Inc. (the “Company”) changed its name to NPK International Inc. by filing an amendment to its Second Restated Certificate of Incorporation (“Amendment”) on December 5, 2024 with the Secretary of State of the State of Delaware (the “Name Change”).”
M&A Transactions

NPK International Inc. completed a disposition involving Newpark Fluids Systems LLC, an affiliate of SCF Partners for $56 million (closed 2024-09-13).

“the Company sold all of the issued and outstanding equity of Newpark Drilling Fluids LLC, a Texas limited liability company, which included substantially all of the Company’s Fluids Systems segment (“Fluids Systems”), to the Purchaser for a base sale price of $127.5 million, adjusted by $43 million to reflect lower estimated working capital conveyed at closing as compared to the average 2023 net working capital balance, accrued taxes and certain other liabilities, and $10 million of outstanding debt (the “Sale Transaction”). Net Sale Transaction consideration is $56 million”
Restructurings & Charges

NPK International Inc. announced a impairment with charges of approximately $200 million affecting Fluids Systems.

“the Company will recognize a pre-tax impairment charge of approximately $200 million in the third quarter of 2024”
Shareholder Votes

NPK International Inc. shareholders approved Approval of an amendment to the Company’s Restated Certificate of Incorporation to limit the liability of officers as permitted by law at the 2024-05-16 meeting.

“For Against Abstain/Withheld Broker Non-Votes 56,571,969 7,359,920 2,970,008 8,479,809”
Shareholder Votes

NPK International Inc. shareholders approved Ratification of the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for the fiscal year 2024 at the 2024-05-16 meeting.

“For Against Abstain/Withheld Broker Non-Votes 74,897,457 481,585 2,664 0”
Shareholder Votes

NPK International Inc. shareholders approved An advisory vote to approve our named executive officer compensation at the 2024-05-16 meeting.

“For Against Abstain/Withheld Broker Non-Votes 60,933,947 5,917,171 50,779 8,479,809”
Shareholder Votes

NPK International Inc. shareholders approved Election of seven director nominees at the 2024-05-16 meeting.

“Director For Against Abstain/Withheld Broker Non-Votes Matthew S. Lanigan 66,380,203 516,407 5,287 8,479,809”
Governance Changes

NPK International Inc.: Filed a Second Restated Certificate of Incorporation that restates and integrates prior amendments into a single document without substantive change (effective 2024-05-16).

“On May 16, 2024, the Company filed a Second Restated Certificate of Incorporation with the Secretary of State of the State of Delaware.”
Governance Changes

NPK International Inc.: Shareholders approved and Company filed a Certificate of Amendment to the Restated Certificate of Incorporation to limit the liability of officers as permitted by law (effective 2024-05-16).

“On May 16, 2024, at the annual meeting of shareholders (the “2024 Annual Meeting”) of Newpark Resources, Inc. (the “Company”), the Company’s shareholders approved an amendment to the Company’s Restated Certificate of Incorporation to limit the liability of officers as permitted by law.”
Governance Changes

NPK International Inc.: Filed a Certificate of Elimination to remove authorized Series A, B, and C preferred stock from the Restated Certificate of Incorporation (effective 2024-05-16).

“On May 16, 2024, Newpark Resources, Inc. (the “Company”) filed a Certificate of Elimination with the Secretary of State of the State of Delaware with respect to its Series A Cumulative Perpetual Preferred Stock, Series B Convertible Preferred Stock and Series C Convertible Preferred Stock, of which no shares were outstanding.”
Earnings Releases

NPK International Inc. updated its full-year 2024 guidance (initiated).

“Today, we are introducing Industrial Solutions segment sales and Adjusted EBITDA guidance for the full-year 2024”
Earnings Releases

NPK International Inc. reported twelve months ended December 31, 2023 results: revenue $749.6 million, net income Net Income of $14.5 million, EPS $0.16 per diluted share.

“Net Income of $14.5 million, or $0.16 pe r diluted share”
Earnings Releases

NPK International Inc. reported three months ended December 31, 2023 results: revenue $167.8 million, net income Net Loss of $0.5 million, EPS $0.01 per share.

“Net Loss of $0.5 million, or $0.01 pe r share”
Earnings Releases

NPK International Inc. reported three and six months ended June 30, 2023 results: revenue $48.1 million, net income Net Income of $1.7 million , or $0.02 per diluted share, EPS $0.02 per diluted share.

“second quarter ended June 30, 2023. SECOND QUARTER 2023 RESULTS (all comparisons versus the prior year period unless otherwise noted) • Industrial Solutions segment revenue of $48.1 million , -2%; year-to-date $103.9 million, +23% • Fluid Systems segment revenue of $135.2 million , -7%; year-to-date $279.4 million, -2% • Net Income of $1.7 million , or $0.02 per”
Shareholder Votes

NPK International Inc. shareholders approved Approval of an amendment to our Amended and Restated Employee Stock Purchase Plan at the 2023-05-18 meeting.

“Proposal 7: Approval of an amendment to our Amended and Restated Employee Stock Purchase Plan : The stockholders of the Company approved the amendment of our Amended and Restated Employee Stock Purchase Plan.”
Shareholder Votes

NPK International Inc. shareholders approved Approval of our Amended and Restated 2014 Non-Employee Directors' Restricted Stock Plan at the 2023-05-18 meeting.

“Proposal 6: Approval of our Amended and Restated 2014 Non-Employee Directors' Restricted Stock Plan : The stockholders of the Company approved the amendment and restatement of our 2014 Non-Employee Directors' Restricted Stock Plan.”
Shareholder Votes

NPK International Inc. shareholders approved Approval of the Employee Plan at the 2023-05-18 meeting.

“Proposal 5: Approval of the Employee Plan : The stockholders of the Company approved the Employee Plan.”
Shareholder Votes

NPK International Inc. shareholders approved Ratification of the Appointment of Independent Registered Public Accounting Firm at the 2023-05-18 meeting.

“Proposal 4: Ratification of the Appointment of Independent Registered Public Accounting Firm : The stockholders of the Company ratified the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the fiscal year 2023.”
Shareholder Votes

NPK International Inc. shareholders approved An advisory vote on the frequency of holding future advisory votes on named executive officer compensation at the 2023-05-18 meeting.

“Proposal 3: An advisory vote on the frequency of holding future advisory votes on named executive officer compensation : The stockholders of the Company approved, on a non-binding advisory basis, the holding of future advisory votes on named executive officer compensation every year.”
Shareholder Votes

NPK International Inc. shareholders approved An advisory vote on named executive officer compensation at the 2023-05-18 meeting.

“Proposal 2: An advisory vote on named executive officer compensation : The stockholders of the Company approved, on a non-binding advisory basis, the compensation of the named executive officers as described in the Company's Proxy Statement.”
Shareholder Votes

NPK International Inc. shareholders approved Election of seven director nominees at the 2023-05-18 meeting.

“Proposal 1: Election of Directors : The stockholders of the Company elected each of the following director nominees for a term that will continue until the 2024 Annual Meeting of Stockholders.”
Earnings Releases

NPK International Inc. reported first quarter ended March 31, 2023 results: revenue $200.0 million, net income $5.6 million, EPS $0.06 per diluted share.

“Total revenues for the first quarter of 2023 were $200.0 million compared to $225.2 million for the fourth quarter of 2022 and $176.4 million for the first quarter of 2022. Net income for the first quarter of 2023 was $5.6 million, or $0.06 per diluted share.”

Celeste Frugé was appointed as Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary at NPK International Inc..

“The Company has appointed Ms. Frugé to succeed Mr. Earle as the Company’s Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary, effective May 1, 2023.”

E. Chipman Earle departed as Vice President, General Counsel, Chief Compliance Officer, Chief Administrative Officer and Corporate Secretary at NPK International Inc..

“E. Chipman Earle, Vice President, General Counsel, Chief Compliance Officer, Chief Administrative Officer and Corporate Secretary of Newpark Resources, Inc. (the “Company”) will be departing the Company effective April 30, 2023 (the “Departure Date”).”
Earnings Releases

NPK International Inc. reported the fourth quarter ended December 31, 2022 results: revenue $225.2 million, net income $9.0 million, or $0.10 per diluted share, EPS $0.10 per diluted share.

“Newpark Resources, Inc. (NYSE: NR) (“Newpark” or the “Company”) today announced results for its fourth quarter ended December 31, 2022. Total revenues for the fourth quarter of 2022 were $225.2 million”

Anthony J. Best departed as Chairman of the Board at NPK International Inc..

“Mr. Anthony J. Best informed the Corporate Secretary of Newpark on December 1, 2022 pursuant to Newpark’s Amended and Restated Bylaws that he does not intend to stand for re-election at the Company's next Annual General Meeting of Stockholders in May 2023 (the “Annual Meeting”) , but instead intends to retire from the Board effective at the conclusion of the Annual Meeting.”
M&A Transactions

NPK International Inc. completed a disposition involving Cimbar Resources, INC. for $48 million in cash (closed 2022-11-30).

“INC. (“Purchaser”) pursuant to an asset purchase agreement to which Excalibar and the Purchaser are parties dated as of October 19, 2022 (the “Agreement”). The sales price was $48 million in cash, adjusted by an amount equal to the excess or deficit, as applicable, in inventory value at closing based on a targeted amount of inventory value of $24.5 million.”
Governance Changes

NPK International Inc.: Adopted Amended and Restated Bylaws effective immediately, making various updates including eliminating stockholder list inspection requirement, updating mechanics for adjourned meetings, written consents, stockholder proposals and nominations, requiring a non-white proxy card color, and opting out (effective 2022-11-15).

“On November 15, 2022, the Board of Directors of Newpark Resources, Inc. (the “Company”) adopted and approved, effective immediately, the Amended and Restated Bylaws of the Company (the “Amended and Restated Bylaws”)”
Earnings Releases

NPK International Inc. reported third quarter ended September 30, 2022 results: revenue $219.9 million, net income $24.6 million, EPS ($0.26) per share.

“Total revenues for the third quarter of 2022 were $219.9 million compared to $194.1 million for the second quarter of 2022 and $151.8 million for the third quarter of 2021. Net loss for the third quarter of 2022 was $24.6 million, or ($0.26) per share”

G. Stephen Finley departed as Director at NPK International Inc..

“G. Stephen Finley informed the Chairman of the Board of Directors of Newpark Resources, Inc. (the “Company”) on April 4, 2022 that he does not intend to stand for re-election at the Company's next Annual General Meeting of Stockholders in May 2022 (the “Annual Meeting”), but instead he intends to retire from the Board, effective at the conclusion of the Annual Meeting.”

Matthew Lanigan changed role as President and Chief Executive Officer at NPK International Inc..

“Matthew Lanigan, who had previously served as President and Chief Operating Officer of the Company, succeeded Mr. Howes and was promoted to the position of President and Chief Executive Officer effective March 1, 2022.”

Paul L. Howes retired as Chief Executive Officer at NPK International Inc..

“effective February 28, 2022, Paul L. Howes retired as Chief Executive Officer of the Company.”

Claudia Meer was appointed as Director at NPK International Inc..

“On February 28, 2022, the Board elected to increase the size of the Board further from eight directors to nine directors effective March 1, 2022 and appointed Ms. Claudia Meer to fill the resulting vacancy.”

Donald Young was appointed as Director at NPK International Inc..

“the Board of Directors of the Company (the “Board”) increased the size of the Board from seven directors to eight directors effective March 1, 2022 and appointed Donald Young to the Board to fill the resulting vacancy.”

Donald Young was appointed as Director at NPK International Inc..

“Except for the Cooperation Agreement, the Conditional Resignation Letter and the Questionnaire, there are no arrangements or understandings between the Company and Mr. Young pursuant to which Mr. Young will be appointed to the Board”

Matthew Lanigan was appointed as President and Chief Executive Officer at NPK International Inc..

“Matthew Lanigan, who currently serves as President and Chief Operating Officer of the Company, will become President and Chief Executive Officer of the Company”

Paul L. Howes departed as Chief Executive Officer at NPK International Inc..

“Paul L. Howes, Chief Executive Officer of the Company, intends to retire on February 28, 2022 (the “Retirement Date”) as an officer of the Company.”

Lori Briggs was appointed as Vice President of the Company and President of Newpark Industrial Solutions at NPK International Inc..

“Ms. Lori Briggs will succeed Mr. Lanigan as Vice President of the Company and President of Newpark Industrial Solutions effective September 1, 2021, and she will continue to report to Mr. Lanigan.”

Matthew Lanigan was appointed as President and Chief Executive Officer at NPK International Inc..

“The Company also announced that Matthew Lanigan, 50, will ultimately succeed Mr. Howes as President and Chief Executive Officer of the Company effective immediately following the retirement of Mr. Howes as an officer of the Company.”

Matthew Lanigan changed role as President and Chief Operating Officer at NPK International Inc..

“Mr. Lanigan has been promoted to President and Chief Operating Officer of the Company effective September 1, 2021, and he will continue to report to Mr. Howes until Mr. Howes’ retirement as an officer of the Company.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.