SEC Filing Summary: Form 8-K
Business Context and Reporting Period
Company: Exterran Holdings, Inc. (Note: Metadata references Archrock, Inc., but the filing text identifies Exterran Holdings, Inc.)
Filing Date: October 3, 2007
Reporting Period: Event date of October 3, 2007
Context: This Current Report (Form 8-K) discloses the resignation of a director from the Board of Directors.
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 changes and does not contain financial performance data.
Material Changes
- Board Resignation: Peter H. Kamin resigned from the Board of Directors on October 3, 2007.
- Reason for Departure: The resignation was not due to any disagreement with the Company regarding operations, policies, or practices.
- Share Ownership: Through his position as Managing Partner of ValueAct Capital, Mr. Kamin may be deemed to beneficially own 3,771,495 shares of Exterran Holdings common stock.
- Restrictions: The disposition of these shares is subject to federal securities law restrictions regarding sales volume and manner of sale.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for financial guidance, future outlook, management commentary on operations, or specific risk factors beyond the standard disclosure of the director's departure. A press release announcing the resignation was issued on October 4, 2007.
Investor Verification Checklist
- Verify the current composition of the Board of Directors following Mr. Kamin's resignation.
- Confirm the status of ValueAct Capital's 3,771,495 shares and any subsequent trading activity.
- Review the attached resignation letter (Exhibit 99.1) for any additional context not summarized in the 8-K.
- Check for any subsequent filings regarding the appointment of a replacement director.