STOCK TITAN

Broad support as NESR (NASDAQ: NESR) board, pay and auditor win votes

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

National Energy Services Reunited Corp. held its 2026 Annual General Meeting on May 7, 2026, where shareholders approved all proposals presented. All five director nominees were elected, each receiving at least 94.5% of votes cast, indicating broad support for the existing board.

Shareholders approved, on an advisory and non-binding basis, the compensation of the company’s named executive officers, with approximately 98.2% of votes cast in favor. They also supported holding future advisory votes on executive compensation every year, with approximately 96.3% of votes cast favoring an annual frequency.

In addition, shareholders ratified the appointment of Grant Thornton Audit and Accounting Limited (Dubai Branch) as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2026, with 80,153,812 votes for, 754 against and 2,366 abstentions.

Positive

  • None.

Negative

  • None.
Item 5.07 Submission of Matters to a Vote of Security Holders Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Votes for Sherif Foda 66,091,685 votes Director election at 2026 Annual Meeting; 99.5% for
Lowest director support 62,774,176 votes Votes for Anthony (Tony) R. Chase; 94.5% for
Say-on-pay support 65,237,233 votes Advisory approval of executive compensation; ~98.2% for
Annual frequency votes 64,002,881 votes Votes favoring one-year say-on-pay frequency; ~96.3% of votes cast
Auditor ratification for 80,153,812 votes Ratification of Grant Thornton Audit and Accounting Limited (Dubai Branch)
Auditor ratification against 754 votes Votes against ratifying the independent registered public accounting firm
advisory, non-binding basis regulatory
"approved, on an advisory, non-binding basis, the compensation of the Company’s named executive officers"
broker non-votes regulatory
"BROKER NON-VOTES 65,237,233 | | 1,182,283 | | 25,168 | | n/a"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
independent registered public accounting firm regulatory
"ratified the appointment of Grant Thornton Audit and Accounting Limited (Dubai Branch) as the Company’s independent registered public accounting firm"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
Annual General Meeting of Shareholders financial
"The 2026 Annual General Meeting of Shareholders (the “Annual Meeting”) of National Energy Services Reunited Corp."
emerging growth company regulatory
"Emerging growth company   Item 5.07 Submission of Matters to a Vote of Security Holders."
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
false 0001698514 0001698514 2026-05-07 2026-05-07 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

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 7, 2026

 

Commission File Number: 001-38091

 

NATIONAL ENERGY SERVICES REUNITED CORP.

(Exact name of registrant as specified in its charter)

 

British Virgin Islands   82-4881231

(State or other jurisdiction

of incorporation or organization)

 

(I.R.S. Employer

Identification No.)

     
777 Post Oak Blvd., Suite 730, Houston, Texas   77056
(Address of principal executive offices)   (Zip Code)

 

+1 (832) 925-3777

Registrant’s telephone number, including area code

 

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. below):

 

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
Ordinary shares, no par value per share   NESR   The Nasdaq Capital Market

 

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 5.07 Submission of Matters to a Vote of Security Holders.

 

The 2026 Annual General Meeting of Shareholders (the “Annual Meeting”) of National Energy Services Reunited Corp. (“NESR” or the “Company”) was held on May 7, 2026. At the Annual Meeting, the Company’s shareholders elected all five director nominees and approved each of the other proposals presented. The final voting results for each proposal are set forth below.

 

At the Annual Meeting, the shareholders of NESR:

 

elected all five director nominees (Proposal No. 1);
approved, on an advisory, non-binding basis, the compensation of the Company’s named executive officers (Proposal No. 2);
approved, on an advisory basis, the frequency of future advisory votes on executive compensation (Proposal No. 3); and
ratified the appointment of Grant Thornton Audit and Accounting Limited (Dubai Branch) as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026 (Proposal No. 4).

 

The proposals are described in detail in NESR’s definitive proxy statement for the Annual Meeting, which was filed with the SEC on March 24, 2026 (the “Definitive Proxy Statement”).

 

Proposal No. 1—Election of Directors

 

All director nominees were elected at the Annual Meeting.

 

NOMINEES   VOTES FOR     PERCENTAGE (%) FOR     AGAINST     ABSTAIN     BROKER
NON-VOTES
                             
Antonio J. Campo Mejia   65,413,404     98.4%     1,019,545     11,735     n/a
Sherif Foda   66,091,685     99.5%     349,001     3,998     n/a
Yousef Al Nowais   66,326,386     99.8%     115,263     3,035     n/a
Anthony (Tony) R. Chase   62,774,176     94.5%     3,665,348     5,160     n/a
Lisa A. Pollina   65,400,461     98.4%     1,031,186     13,037     n/a

 

Proposal No. 2—Advisory Approval of Executive Compensation

 

The advisory resolution to approve NESR’s executive compensation, as described in the Definitive Proxy Statement, was approved with approximately 98.2% of the votes cast at the Annual Meeting voting for the proposal.

 

FOR   AGAINST   ABSTAIN   BROKER
NON-VOTES
             
65,237,233   1,182,283   25,168   n/a

 

  

 

 

Proposal No. 3— Advisory Resolution on the Frequency of Future Advisory Votes on Executive Compensation

 

The proposal regarding the frequency of future advisory votes on executive compensation, as described in the Definitive Proxy Statement, was approved at the Annual Meeting, with approximately 96.3% of the votes cast voting in favor of holding such advisory votes every year.

 

ONE YEAR   TWO YEARS   THREE YEARS   ABSTAIN   BROKER
NON-VOTES
                 
64,002,881   885,116   1,545,955   10,732   n/a

 

Consistent with these voting results and its prior recommendation, the Company’s Board of Directors has determined that future advisory votes on executive compensation will be conducted annually until the next required advisory vote on the frequency of such votes.

 

Proposal No. 4—Independent Registered Public Accounting Firm

 

The proposal to ratify the appointment of Grant Thornton Audit and Accounting Limited (Dubai Branch) as NESR’s independent registered public accounting firm for the fiscal year ending December 31, 2026, as described in the Definitive Proxy Statement, was approved at the Annual Meeting.

 

FOR   AGAINST   ABSTAIN 
80,153,812   754   2,366 

 

  

 

 

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, thereunto duly authorized.

 

  NATIONAL ENERGY SERVICES REUNITED CORP.
     
Date: May 7, 2026 By: /s/ Stefan Angeli
  Name: Stefan Angeli
  Title: Chief Financial Officer

 

  

 

FAQ

What did NESR (NESR) shareholders decide at the 2026 Annual Meeting?

Shareholders approved all proposals at the 2026 Annual Meeting. They elected five directors, backed executive compensation on an advisory basis, chose annual say-on-pay votes, and ratified Grant Thornton Audit and Accounting Limited (Dubai Branch) as independent auditor for the 2026 fiscal year.

How strong was support for National Energy Services Reunited Corp. directors?

Support for NESR’s directors was very high, with each nominee receiving at least 94.5% of votes cast. Sherif Foda received 99.5% for, and other nominees such as Yousef Al Nowais and Antonio J. Campo Mejia also exceeded 98% support from voting shareholders.

How did NESR shareholders vote on executive compensation in 2026?

NESR shareholders approved executive compensation on an advisory, non-binding basis. Approximately 98.2% of votes cast, or 65,237,233 votes, supported the pay of named executive officers, while 1,182,283 votes were against and 25,168 abstained, showing strong backing for the compensation program.

What frequency of say-on-pay votes did NESR shareholders choose?

Shareholders favored holding advisory votes on executive compensation every year. Approximately 96.3% of votes cast supported the one-year option, with 64,002,881 votes for one year, 885,116 for two years, 1,545,955 for three years and 10,732 abstentions, guiding the board’s frequency decision.

Which auditor did NESR shareholders ratify for the 2026 fiscal year?

Shareholders ratified Grant Thornton Audit and Accounting Limited (Dubai Branch) as NESR’s independent registered public accounting firm for the fiscal year ending December 31, 2026. The vote totals were 80,153,812 for, 754 against and 2,366 abstentions, reflecting near-unanimous support.

Did NESR’s board follow shareholder input on say-on-pay frequency?

Yes. Consistent with shareholder voting results and its prior recommendation, NESR’s Board of Directors determined that future advisory votes on executive compensation will be conducted annually. This policy will remain in place until the next required advisory shareholder vote on the frequency of such votes.

Filing Exhibits & Attachments

3 documents