0001193125-26-201469
SEC filingDrilling Tools International Corp. held its 2026 Annual Meeting on April 28, electing three new directors and reelecting four, with departing directors not due to disagreements, and ratified Grant Thornton LLP as auditors.
The 2026 Annual Meeting resulted in a refreshed Board with three new directors—Ira H. Green, Jr., Daniel J. Kimes, and Jeremy D. Thigpen—elected alongside the reelection of incumbents, signaling continuity in leadership. R. Wayne Prejean's dual role as Chairman, President, and CEO, effective post-meeting, consolidates executive oversight, while John D. Furst's designation as Lead Independent Director ensures governance balance. The departures of Thomas M. Patterson and C. Richard Vermillion were planned, with no disagreements noted, reducing uncertainty. Voting turnout of 53.39% showed solid support, with director elections passing decisively despite some withhold votes averaging around 7.4 million shares per nominee, and auditor ratification nearly unanimous. This stable transition supports ongoing strategic execution without disruption.