Business Context and Reporting Period
This Form 8-K reports on the 2025 Annual Meeting of Stockholders for Select Water Solutions, Inc. (Ticker: WTTR), held on May 2, 2025. The filing details the voting results for director elections, auditor ratification, and executive compensation.
Key Financial Metrics
This filing is a current report regarding corporate governance events and does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity metrics. Investors should refer to the company's most recent Form 10-K or 10-Q for financial statements.
Material Changes and Voting Results
The filing reports the following material outcomes from the Annual Meeting:
- Shareholder Participation: Approximately 91.73% of the 119,832,440 outstanding shares entitled to vote were present in person or by proxy (109,933,571 shares).
- Proposal 1 (Election of Directors): All eight nominees were elected.
- Timothy A. Roberts received the highest support with 103,545,415 votes for.
- Richard A. Burnett and Douglas J. Wall received the lowest support among nominees, with 91,851,374 and 93,546,557 votes for, respectively, though both were elected.
- Broker non-votes totaled 6,037,605 for all director nominees.
- Proposal 2 (Auditor Ratification): The appointment of Grant Thornton LLP as the independent registered public accounting firm for fiscal year 2025 was ratified with 108,739,167 votes for, 1,186,754 against, and 7,650 abstentions.
- Proposal 3 (Executive Compensation): The non-binding advisory vote to approve named executive officer compensation passed with 101,703,713 votes for, 2,157,985 against, and 34,268 abstentions.
Guidance, Outlook, and Risks
The filing text does not provide management commentary, financial guidance, outlook, risk factors, or contingencies. It is strictly a disclosure of voting results.
Key Facts for Investor Verification
- Verify the final composition of the Board of Directors following the election of all eight nominees.
- Confirm the engagement of Grant Thornton LLP for the 2025 fiscal year audit.
- Note the high level of shareholder participation (91.73%) indicating strong engagement.
- Review the specific vote counts for Richard A. Burnett and Douglas J. Wall, who received the highest number of "withheld" votes among the director nominees.