Business Context and Reporting Period
Company: Drilling Tools International Corp (DTI)
Filing Type: Form 8-K (Current Report)
Date of Report: December 16, 2025
Reporting Period: Event date December 16, 2025; Signed December 18, 2025
Business Context: The filing reports a corporate governance event regarding the departure of a director.
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 a personnel change and contains no financial performance data.
Material Changes
Item 5.02 - Departure of Directors:
- Event: Mr. Thomas M. "Roe" Patterson informed the Board of his decision to end his tenure as a director.
- Effective Date: Concurrent with the Company's next annual meeting of stockholders.
- Reason: The departure is not the result of any disagreement with the Company regarding operations, policies, or practices.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary on future performance, risks, contingencies, or unusual items beyond the standard disclosure regarding the director's departure.
Investor Verification Checklist
- Confirm the date of the next annual meeting of stockholders to determine the exact effective date of Mr. Patterson's departure.
- Verify if the Board has initiated a search for a replacement director to fill the vacancy.
- Review the Company's proxy statement for the upcoming annual meeting for details on the director's tenure and voting procedures.