Submission of Matters to a Vote of Security Holders - Form 8-K

Item 3.02. Unregistered Sales of Equity Securities.

Effective as of May 8, 2024, Superior Energy Services, Inc. (the "Company") entered into a restricted stock unit ("RSU") agreement for non-employee independent directors (each, a "Non-Employee Director RSU Agreement" and, collectively, the "Non-Employee Director RSU Agreements") with, and issued 2,540 RSUs (with a number of corresponding shares of the Company's Class A common stock underlying such RSUs) under the Company's 2021 Management Incentive Plan and 2024 Non-Employee Director Compensation Plan (the "Plans") to, each of Julie Robertson and Rebecca Bayless(the "RSU Awards") as non-employee directors of the Company following their election or re-election, as the case may be, to the board of directors (the "Board") of the Company at the Meeting (as defined below).

The RSU Awards will vest in three equal installments over a period of three years, subject to earlier vesting and forfeiture on terms and conditions set forth in the applicable Non-Employee Director RSU Agreement. The issuance of the RSU Awards (and any corresponding shares of the Company's Class A common stock) pursuant to the Non-Employee Director RSU Agreements under the Plans is exempt from registration under the Securities Act of 1933, as amended (the "Securities Act"), pursuant to section 4(a)(2) of the Securities Act and/or Regulation D promulgated thereunder.