Oil States International, Inc. filings document an operating company that supplies manufactured products and services to energy, military and industrial customers. Its 8-K reports furnish quarterly operating results, segment data, non-GAAP reconciliations, backlog and bookings commentary, restructuring charges, debt levels and cash-flow measures tied to its oilfield products and services businesses.
The company’s regulatory record also includes material-agreement disclosures for its cash-flow based credit facilities, capital-structure matters involving convertible senior notes, and governance filings covering executive succession, board appointments, compensation and annual proxy voting matters. These documents describe liquidity arrangements, secured borrowing terms, shareholder governance and risk-related disclosures for OIS as a public operating company.
Oil States International, Inc. announced a planned leadership transition, with long-time President and CEO Cindy B. Taylor retiring effective May 1, 2026. She will also step down from the Board on that date and then serve as a consultant through October 31, 2026.
The Board has appointed Lloyd A. Hajdik, currently Executive Vice President, Chief Financial Officer and Treasurer, to become President, CEO and a Board member effective May 1, 2026. The filing notes her retirement is not due to any disagreement with the company, and emphasizes continuity, citing a clean balance sheet, little to no debt, record backlog and a focused leadership team.
Matthew E. Autenrieth, currently Vice President of Finance and Assistant Treasurer, will succeed Mr. Hajdik as Executive Vice President, Chief Financial Officer and Treasurer on the same date, assuming responsibility for all financial functions and joining the executive leadership team. Existing compensation arrangements for both successors remain unchanged at this time.
Oil States International’s annual report describes a business reshaped by weak U.S. land activity and stronger offshore and international demand. The company operates three segments, with Offshore Manufactured Products generating 64% of 2025 revenue and ending the year with a $435 million backlog, about half expected to turn into 2026 revenue.
Management exited underperforming U.S. land locations, products and service lines, recording $121.1 million of non-cash asset impairments and $11.6 million of facility exit and related charges, while selling facilities, equipment and inventory for $20.2 million. In 2025 the company produced $105.1 million of operating cash flow, repurchased $70.8 million principal of its 4.75% convertible notes due 2026 and bought back 3.3 million shares for $16.6 million. A new cash-flow based credit agreement signed in early 2026 provides a $75.0 million revolving facility and a $50.0 million term loan facility to replace the prior asset-based line.
OIL STATES INTERNATIONAL, INC senior vice president, controller and chief accounting officer Brian E. Taylor reported two recent stock transactions involving company common shares. On February 19, 2026, he acquired 37,500 shares through a service-based restricted stock award that carries no purchase price and will vest in three equal annual installments beginning February 19, 2027.
On February 20, 2026, he disposed of 9,858 shares at an indicated price of $12.53 per share, with the shares surrendered to cover tax liabilities from the vesting of a prior restricted stock award rather than sold on the open market. Following these transactions, he directly holds 212,521 common shares.
OIL STATES INTERNATIONAL, INC executive Moses Philip Scott reported equity compensation changes. On February 19, 2026, he acquired 62,500 shares of common stock as a grant that vests in three equal annual installments beginning February 19, 2027. On February 20, 2026, 15,266 shares were surrendered to cover tax withholding on a prior restricted stock vesting, leaving him with 723,986.688 shares of directly owned common stock.
OIL STATES INTERNATIONAL, INC Executive VP, CFO & Treasurer Lloyd A. Hajdik reported routine equity compensation and related tax withholding transactions in company common stock. On February 19, 2026, he acquired 62,500 shares of common stock at $0.00 per share as a service-based restricted stock award that vests in three equal annual installments beginning February 19, 2027. On February 20, 2026, 16,430 shares were disposed of at $12.53 per share to cover tax liabilities arising from the vesting of a prior restricted stock award. Following these transactions, his directly held common stock position remained substantial, with reported holdings in the 670,000+ share range.
Oil States International President and CEO Cindy B. Taylor reported two equity transactions in company common stock. On February 19, 2026, she acquired 160,000 shares through a service-based restricted stock award that vests in three equal annual installments beginning February 19, 2027.
On February 20, 2026, 42,061 shares were surrendered to cover tax liabilities related to a prior restricted stock vesting, described as a tax-withholding disposition. After these transactions, her directly held common stock position was reported at more than two million shares.
Oil States International reported fourth-quarter 2025 revenue of $178.5 million, up 8% from the prior quarter, driven mainly by growth in Offshore Manufactured Products. Despite this, the company posted a net loss of $117.2 million, or $2.04 per share, primarily due to $124.9 million in asset impairment, restructuring and related charges.
On an adjusted basis, excluding these charges, adjusted net income was $7.5 million, or $0.13 per share, and Adjusted EBITDA was $22.8 million, up 9% sequentially. Offshore backlog reached $435 million with fourth-quarter bookings of $160 million and a 1.3x book-to-bill ratio.
The company generated $50.1 million of operating cash flow and $53.6 million of free cash flow in the quarter, using cash to repurchase $50 million of convertible notes. At December 31, 2025, cash of $69.9 million exceeded total debt by $14.9 million, and a new credit agreement provides up to $125 million of borrowing capacity maturing in 2030.
Oil States International EVP and COO Moses Philip Scott reported mixed equity transactions in company stock. He acquired 28,471 shares of common stock at no cost through the vesting of performance-based restricted stock units tied to cumulative EBITDA over a three-year period.
On the same date, 11,203 shares were surrendered at $9.43 per share to cover tax liabilities associated with this vesting, a non-market disposition. After these transactions, he directly owned 676,752.688 shares of Oil States International common stock.
OIL STATES INTERNATIONAL, INC Executive VP, CFO & Treasurer Lloyd A. Hajdik reported compensation-related stock transactions. On February 18, 2026, he was granted 28,471 shares of common stock at $0.0000 per share as a performance-based award tied to cumulative EBITDA over a three-year period ending December 31, 2025.
On the same date, 12,057 shares of common stock were surrendered at $9.43 per share to cover tax liabilities arising from the vesting of these performance-based restricted stock units. Following these transactions, his directly held common stock position increased, with the filing showing updated ownership levels after each step.
Cindy B. Taylor, President & CEO of Oil States International, reported equity award activity involving the company’s common stock. She acquired 81,998 shares at no cost upon vesting of cumulative EBITDA performance-based restricted stock units granted on February 16, 2023, after the Compensation Committee certified performance for the 2023–2025 period.
On the same date, 34,726 shares were surrendered to cover tax liabilities related to this vesting. After these transactions, she directly owns 2,087,449 shares of Oil States International common stock.