DRIL-QUIP INC US false 0001042893 0001042893 2024-05-17 2024-05-17

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (date of earliest event reported): May 17, 2024

 

 

DRIL-QUIP, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   001-13439   74-2162088

(State or other jurisdiction

of incorporation)

  

(Commission

File Number)

  

(I.R.S. Employer

Identification No.)

 

2050 West Sam Houston Parkway S., Suite 1100

Houston, Texas

   77042
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (713) 939-7711

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2):

 

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

  

Trading

symbol(s)

  

Name of each exchange

on which registered

Common Stock, $.01 par value per share   DRQ   New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.

On May 17, 2024, Amy B. Schwetz, a member of the Board of Directors (the “Board”) of Dril-Quip, Inc. (“Dril-Quip”) and chair of the Audit Committee thereof, notified Dril-Quip of her intention to resign, effective immediately, from the Board. Ms. Schwetz was also a member of the Board’s Nominating and Corporate Governance Committee and Compensation Committee. Ms. Schwetz’s decision to resign is not as a result of any disagreement with Dril-Quip on any matter relating to its operations, policies or practices.

The Board has commenced a search for an additional independent director to fill the vacancy resulting from Ms. Schwetz’s resignation, and John V. Lovoi, a current member of the Board, has been elected as chair of the Audit Committee. The Board thanks Ms. Schwetz for her service.

 

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

DRIL-QUIP, INC.
By:  

/s/ James C. Webster

  James C. Webster
  Vice President, General Counsel and Secretary

Date: May 20, 2024

v3.24.1.1.u2
Document and Entity Information
May 17, 2024
Cover [Abstract]  
Entity Registrant Name DRIL-QUIP INC
Entity Address, Country US
Amendment Flag false
Entity Central Index Key 0001042893
Document Type 8-K
Document Period End Date May 17, 2024
Entity Incorporation State Country Code DE
Entity File Number 001-13439
Entity Tax Identification Number 74-2162088
Entity Address, Address Line One 2050 West Sam Houston Parkway S.
Entity Address, Address Line Two Suite 1100
Entity Address, City or Town Houston
Entity Address, State or Province TX
Entity Address, Postal Zip Code 77042
City Area Code (713)
Local Phone Number 939-7711
Written Communications false
Soliciting Material false
Pre Commencement Tender Offer false
Pre Commencement Issuer Tender Offer false
Security 12b Title Common Stock, $.01 par value per share
Trading Symbol DRQ
Security Exchange Name NYSE
Entity Emerging Growth Company false
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