SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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|Item 7.01|| |
Regulation FD Disclosure.
On April 29, 2021, the jury returned a verdict in favor of Dril-Quip, Inc. (the “Company”) in FMC Technologies, Inc.’s (“FMC”) lawsuit alleging misappropriation of trade secrets in the 127th District Court of Harris County in an action styled FMC Technologies, Inc. v. Richard Murphy and Dril-Quip, Inc., Cause No. 2020-63081. The lawsuit was most recently described in the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2021 and the Current Report on Form 8-K filed on October 8, 2020. If FMC appeals, the Company intends to continue its vigorous defense of this matter.
The information in this Current Report on Form 8-K is being furnished, not filed, pursuant to Item 7.01. Accordingly, the information in this Current Report on Form 8-K will not be incorporated by reference into any registration statement filed by the Company under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated therein by reference.
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.
|James C. Webster|
|Vice President, General Counsel and Secretary|
Date: May 5, 2021