SEADRILL Ltd 8-K

What Happened
Seadrill Limited (SDRL) filed an 8-K on June 5, 2026 reporting the results of its Annual General Meeting held June 3, 2026. Shareholders approved Amendment No. 1 to the Amended and Restated Seadrill Limited 2022 Management Incentive Plan (the “Amendment”), re‑elected director nominees, ratified director remuneration, approved the appointment of PricewaterhouseCoopers LLP (PwC US) as auditor for 2026, and passed the advisory “say‑on‑pay” vote for 2025 executive compensation. The full text of the incentive‑plan Amendment is filed as Exhibit 10.1 to the Form 8‑K.

Key Details

• AGM date: June 3, 2026; 8‑K filed June 5, 2026.
• Incentive plan amendment (Proposal 6) approved: For 41,146,428; Against 2,201,541; Abstentions 1,547,913; Broker non‑votes 3,956,408.
• Auditor appointment (Proposal 3) approved: PwC US selected — For 47,223,781; Against 79,918; Abstentions 1,548,591.
• Director elections (Proposal 2): nine nominees re‑elected; notable vote totals include Andrew Schultz (For 31,593,085; Against 11,963,111) and Jan Kjærvik (For 38,603,335; Against 4,745,978).
• Advisory say‑on‑pay (Proposal 5) approved: For 41,033,521; Against 2,310,244; Abstentions 1,552,117; Broker non‑votes 3,956,408.

Why It Matters
These votes confirm Seadrill’s board composition, auditor choice and governance measures for 2026, and permit the company to put the amended 2022 Management Incentive Plan into effect as described in the proxy. For shareholders, the results signal approval of the company’s governance and compensation framework at the AGM; substantial opposition on specific director re‑elections (as shown by vote counts) indicates areas of shareholder dissent that investors may watch in future filings and proxy disclosures.