UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On March 25, 2026, Douglas S. Aron, Senior Vice President and Chief Financial Officer of Archrock, Inc. (the “Company”), notified the Company of his intention to retire from his position. Mr. Aron will continue to serve as Senior Vice President and Chief Financial Officer to ensure an orderly transition until a successor Chief Financial Officer is named, or December 31, 2026, whichever is earlier (the “Retirement Date”).
In connection with Mr. Aron’s retirement and transition planning, the Company and Mr. Aron have entered into a Transition and Separation Agreement (the “Agreement”) pursuant to which Mr. Aron will remain in his current role until the Retirement Date and will continue to receive his base salary at the current annual rate of $640,000. The Agreement also provides that upon the Retirement Date, Mr. Aron will receive (i) a pro-rated annual bonus for 2026, paid at the target level of 90% of his eligible earnings, (ii) pro-rated vesting of each applicable tranche of his time-vesting restricted stock awards that are scheduled to vest in January 2027, and (iii) pro-rated vesting of his long-term performance-vesting awards (cash or stock settled) granted to him for the performance period 2024-2026 that are scheduled to vest in January 2027 based on actual level of performance in relation to the applicable performance measures, determined as of the last day of the month in which the Retirement Date occurs. All other outstanding stock awards will be forfeited upon the Retirement Date.
The description above is a summary of the material terms of the Agreement and is qualified in its entirety by reference to the respective document, a copy of which is filed as Exhibit 10.1 to this Form 8-K and is incorporated herein by reference.
A copy of the press release announcing the matters described herein is attached as Exhibit 99.1 to this Current Report on Form 8-K.
Item 7.01 Regulation FD Disclosure.
A copy of the press release announcing the matters described herein is attached as Exhibit 99.1 to this Current Report on Form 8-K.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
| 10.1 | Transition and Separation Agreement dated March 25, 2026 between Douglas S. Aron and Archrock, Inc. |
| 99.1 | Press Release dated March 25, 2026 |
| 104 | Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101). |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| ARCHROCK, INC. | ||
| By: | /s/ Stephanie C. Hildebrandt | |
| Stephanie C. Hildebrandt | ||
| Senior Vice President, General Counsel and Secretary | ||
| March 25, 2026 | ||
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