Business Context and Reporting Period
This Form 8-K is a current report filed by Select Energy Services, Inc. (Ticker: WTTR) on May 7, 2021. The filing details the final results of the Company's 2021 Annual Meeting of Stockholders held on the same date. Note: While the request metadata mentions "Select Water Solutions, Inc.", the filing text explicitly identifies the registrant as "Select Energy Services, Inc."
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting results and does not contain financial performance data.
Material Changes and Voting Results
The filing reports the following outcomes from the Annual Meeting:
- Election of Directors: All seven nominees were re-elected to serve until the 2022 Annual Meeting.
- Richard A. Burnett: 99.60% For
- David A. Trice: 99.57% For
- Troy W. Thacker: 99.52% For
- John D. Schmitz: 95.50% For
- Robert V. Delaney: 94.92% For
- David C. Baldwin: 83.20% For
- Douglas J. Wall: 79.28% For
- Independent Auditor Ratification: Grant Thornton LLP was ratified as the independent registered public accounting firm for fiscal year 2021 with 99.86% of votes cast in favor.
- Executive Compensation: The advisory vote on named executive officer compensation was approved by 97.84% of votes cast.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for future guidance, management outlook, specific risks, contingencies, or unusual items. The document is limited to the disclosure of voting results.
Key Facts for Investor Verification
- Verify the correct legal entity name is "Select Energy Services, Inc." despite potential confusion with "Select Water Solutions, Inc."
- Confirm the re-election of the full board of directors, noting that Douglas J. Wall and David C. Baldwin received the lowest support (79.28% and 83.20%, respectively) compared to other nominees.
- Validate the ratification of Grant Thornton LLP as the auditor for the 2021 fiscal year.
- Note that this filing contains no financial performance data; refer to the 10-K or 10-Q for financial metrics.