Newpark Rsc SEC Filings

Michael A. Lewis, a director of NPK International Inc. (NPKI), reported an automatic sale of common stock under a Rule 10b5-1 trading plan. On 08/25/2025 he disposed of 2,013 shares in multiple open-market transactions at a weighted average price of $10.3311 per share, with individual trade prices ranging from $10.29 to $10.40. The sales occurred pursuant to a 10b5-1 plan adopted March 7, 2025. After the reported sale, Mr. Lewis beneficially owned 135,359 shares. The Form 4 was filed by one reporting person and signed by an authorized filer on behalf of the reporting person.

Matthew Lanigan, President & CEO and a director of NPK International Inc. (NPKI), exercised 68,896 non-qualified stock options with a $4.32 exercise price and immediately sold those 68,896 shares in the open market on 08/22/2025 pursuant to a Rule 10b5-1 trading plan adopted May 23, 2025. The shares were sold at a weighted average price of $10.3422, with individual sale prices ranging from $9.97 to $10.42. Following the transactions, Lanigan’s reported beneficial ownership fell from 1,164,809 shares to 1,095,913 shares. The filer offers to provide a detailed breakdown of the number of shares sold at each price upon request.

Newpark Resources, Inc. (NR) filed a Form 144 disclosing a proposed sale of 69,896 common shares by the person for whose account the securities were acquired and are to be sold. The shares were acquired and are to be sold on 08/22/2025 through Morgan Stanley Smith Barney LLC on the NYSE. The filing reports an aggregate market value of $698,960 and lists total shares outstanding as 84,432,766. The acquisition was an exercise of stock options with cash payment on the same date. The filer reports no securities sold in the past three months and affirms they know of no undisclosed material adverse information.

NPK International Inc. disclosed that Donald Young notified the company he is resigning from its Board of Directors effective August 19, 2025, to devote more time to his personal businesses. Mr. Young had served on the Board since 2022 and was Chairman of the Board's Compensation Committee and a member of the Audit and Environmental, Social and Governance Committees. Company statements say his resignation is not due to any disagreement with the company on operations, policies or practices. The Board determined on August 19, 2025 to immediately reduce its size from eight directors to seven.

Lori Briggs, an officer of NPK International Inc. (ticker: NPKI), reported the automatic sale of 8,005 shares of common stock on 08/11/2025 under a pre-established Rule 10b5-1 trading plan adopted March 11, 2025. The disclosure lists a weighted average sale price of $9.5125 with individual trade prices ranging from $9.31 to $9.66. After these transactions the reporting person beneficially owns 252,621 shares in a direct capacity.

The Form 4 filing confirms the sale was executed pursuant to the trading plan and that the reporting person is an officer (VP & President, Industrial Solutions). The filer offers to provide details on the number of shares sold at each separate price upon request.

NR’s Q2 2025 10-Q shows continued top-line momentum and a cleaner, low-leverage balance sheet following the September 2024 divestiture of the Fluids Systems segment. Second-quarter revenue rose 2% YoY to $68.2 million, lifted by a 34% jump in rental income and 15% higher service revenue, partly offset by a 28% fall in product sales. Gross margin slipped 30 bps to 36.9% as elevated cross-rental costs weighed on profitability; operating income fell 7% to $11.6 million, yet net income increased 8% to $8.7 million ($0.10 diluted EPS) thanks to lower interest expense and FX gains.

First-half results underscore the strategic shift to rentals. Revenue grew 15% to $133.0 million, gross margin expanded 120 bps to 37.9%, and operating income surged 29% to $25.2 million, driving 22% higher net income of $18.7 million ($0.22 EPS). Cash rose to $26.0 million versus $17.8 million at year-end, while total debt remains modest at $9.3 million (2.8% of capitalization). A new $150 million five-year revolving credit facility is fully undrawn, replacing the prior ABL line. The company invested $21.7 million—largely to expand its mat rental fleet by 8%—and repurchased 2.6 million shares for $17 million, leaving $95 million authorized. Management targets SG&A in the mid-teens by early 2026 and sees the recently enacted OBBB tax law as a cash-flow tail-wind.