HORNBECK OFFSHORE SERVICES, INC. — Form 8-K

Todd M. Hornbeck (CEO/President of Hornbeck Offshore Services) entered into a Second Amended and Restated Employment Agreement effective September 1, 2026, superseding his prior 2020 agreement. Key terms: 5-year initial term (through 12/31/2031) with annual auto-renewal; base salary minimum $875,000 annually; target annual bonus of 140% of base salary (50%-200% range based on performance); target long-term incentive awards of $4,500,000 annually; 2.5× severance multiplier (base + target bonus) on qualifying termination; 24-month post-termination non-compete within defined geographic Restricted Area. Agreement includes standard restrictive covenants (non-compete, non-solicitation, confidentiality) and Section 280G best-net-cutback provision. The filing also includes a template employment agreement for other senior executives and a 2026 Omnibus Inducement Incentive Plan (1.5M share authorization for new-hire inducement awards).