HP · Helmerich & Payne filed an 8-K ratifying compensation increases for its…

Helmerich & Payne filed an 8-K ratifying compensation increases for its CEO and CFO. CEO base salary rises to $1,000,000, target bonus to 130% of salary, and long-term equity target to 500% of salary. CFO base salary rises to $570,000 with a 100% target bonus. This is a routine compensatory arrangement with no departure or material financial disclosure.

• CEO Raymond John Trey Adams III base salary increased to $1,000,000 effective October 1, 2026
• CEO target bonus raised to 130% of base salary for fiscal 2027
• CEO target long-term equity incentive award raised to 500% of base salary for fiscal 2027
• CFO Todd Scruggs base salary increased to $570,000 effective October 1, 2026