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- Say-On-Pay Vote Failed With 66.28% Opposition (new) — Overwhelming shareholder rejection of executive compensation signals serious concerns about pay practices and alignment with performance.
Nabors shareholders reject executive pay with 66% opposition; all directors elected
Filed June 5, 2026 · Period ending June 2, 2026 · ~1 min read
Key Changes
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Say-on-pay vote failed with only 33.72% support (3.8M for vs. 7.5M against), signaling significant shareholder dissatisfaction with executive compensation practices and likely prompting board review of pay programs.
Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR → -
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All eight director nominees elected with support ranging from 77.7% to 96.8% of votes cast (55.2% to 68.8% of shares outstanding), with 80.61% shareholder participation.
Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR → -
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Amendment No. 5 to the 2016 Stock Plan approved with 90.76% support (10.3M for, 1.0M against), representing 64.5% of shares outstanding.
Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR →
1 more material change behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jun 21, 2026 · How we verify