{"url_path":"/sec/wfrd/8-k/2026-06-11/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-11","source_url":"https://www.sec.gov/Archives/edgar/data/1603923/0001603923-26-000069-index.html","accession_number":"0001603923-26-000069","cik":"0001603923","ticker":"WFRD","issuer_name":"Weatherford International plc","edgar_url":"https://www.sec.gov/Archives/edgar/data/1603923/0001603923-26-000069-index.html","primary_entity_key":"0001603923","primary_entity_name":"Weatherford International plc"},"word_count":209,"has_tables":true,"body_markdown":"Item 5.02\n\nDeparture of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.\n\n(e) The Board of Directors of Weatherford International plc (the “Company” or “Weatherford-Ireland”) previously adopted, subject to approval by the Company’s shareholders, the Weatherford International plc Fifth Amended and Restated 2019 Equity Incentive Plan (the “Plan”), to increase the number of the Company’s ordinary shares, nominal value $0.001 per share (“Ordinary Shares”) issuable thereunder by 565,000 shares. As reported under Item 5.07 below, the Company’s shareholders voted to approve the Plan on June 11, 2026.\n\nA summary of the material terms of the Plan is included in the Company’s definitive proxy statement (the “Proxy Statement”) for the 2026 Annual General Meeting of Shareholders and Special Court-Convened Meeting of the Company under the heading “Agenda Item 4 – The Equity Incentive Plan Proposal,” which was filed by the Company on Schedule 14A with the Securities and Exchange Commission on April 21, 2026. This is qualified in its entirety by reference to the text of the Plan, which is filed as Exhibit 10.1 to this report and is incorporated herein by reference. The Company intends to file a registration statement on Form S-8 to register the additional shares prior to issuance."}