Form 8-K Filing Summary

This Form 8-K details significant changes and compensatory arrangements for Hornbeck Offshore Services, Inc. following its merger with Helix Energy Solutions Group, Inc. on September 1, 2026. Key executive employment agreements have been established, including a five-year term for CEO Todd M. Hornbeck with provisions for salary, bonuses, and long-term incentives, along with specific severance packages for various termination scenarios, including those related to a change of control. Similar agreements are in place for other executive vice presidents, outlining their compensation and benefits. The company has also adopted the 2026 Omnibus Inducement Incentive Plan, reserving shares for grants to new employees. Equity awards, including performance-based restricted stock units for Mr. Hornbeck and other executive equity awards, have been granted. Additionally, a new director compensation policy has been implemented, along with RSU grants for non-employee directors. A press release regarding Mr. Hornbeck's PSU award is also included.