W&T Offshore Announces Board and Executive Compensation Changes
Ticker: WTI · Form: 8-K · Filed: May 24, 2024 · CIK: 1288403
| Field | Detail |
|---|---|
| Company | W&T Offshore Inc (WTI) |
| Form Type | 8-K |
| Filed Date | May 24, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.00001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, executive-compensation, board-changes
TL;DR
W&T Offshore shakes up board, adjusts exec pay.
AI Summary
W&T Offshore, Inc. announced changes to its board of directors and executive compensation arrangements on May 20, 2024. The filing details the election of new directors and updates to the compensatory arrangements for certain officers, though specific names and dollar amounts for these changes are not detailed in this initial summary.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy, governance, and future financial performance.
Risk Assessment
Risk Level: low — This filing primarily concerns corporate governance and executive compensation, which typically have a low direct risk impact on the company's operations.
Key Players & Entities
- W&T Offshore, Inc. (company) — Registrant
- May 20, 2024 (date) — Date of earliest event reported
FAQ
What specific changes were made to the board of directors?
The filing indicates the election of directors and departure of certain officers, but the specific names and details of these changes are not provided in the initial summary of this 8-K.
Were there any changes to executive compensation arrangements?
Yes, the filing states that there were changes to the compensatory arrangements of certain officers, but the specifics are not detailed in the provided text.
What is the principal business of W&T Offshore, Inc.?
W&T Offshore, Inc. is in the Crude Petroleum & Natural Gas industry, SIC code 1311.
When was W&T Offshore, Inc. incorporated?
W&T Offshore, Inc. was incorporated in Texas.
What is the address of W&T Offshore, Inc.'s principal executive offices?
The principal executive offices are located at 5718 Westheimer Road, Suite 700, Houston, Texas 77057.
Filing Stats: 401 words · 2 min read · ~1 pages · Grade level 12.6 · Accepted 2024-05-24 17:00:58
Key Financial Figures
- $0.00001 — ch registered Common Stock, par value $0.00001 WTI New York Stock Exchange Item
Filing Documents
- tm2415464d1_8k.htm (8-K) — 22KB
- 0001104659-24-065175.txt ( ) — 190KB
- wti-20240520.xsd (EX-101.SCH) — 3KB
- wti-20240520_lab.xml (EX-101.LAB) — 33KB
- wti-20240520_pre.xml (EX-101.PRE) — 22KB
- tm2415464d1_8k_htm.xml (XML) — 4KB
02
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On May 20, 2024, the Board of Directors of W&T Offshore, Inc. (the "Company") approved the acceptance of the resignation of Jonathan Curth, Executive Vice President, General Counsel and Corporate Secretary, effective May 24, 2024.
SIGNATURES
SIGNATURES 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. W&T OFFSHORE, INC. (Registrant) Dated: May 24, 2024 By: /s/ Sameer Parasnis Name: Sameer Parasnis Title: Executive Vice President and Chief Financial Officer