Form 8-K - Current report

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 11, 2024

MRC GLOBAL INC.

(Exact name of registrant as specified in its charter)


Delaware	001-35479	20-5956993
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification Number)

1301 McKinney Street, Suite 2300

Houston, Texas 77010

(Address of Principal Executive Offices)

Registrant’s telephone number, including area code: (877) 294-7574

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class	Trading symbol(s)	Name of each exchange on which registered
Common Stock, par value $0.01	MRC	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Rance Long, Senior Vice President, Sales & Marketing, will retire from MRC Global Inc. (the “Company”) on or about May 2, 2025 (“Retirement Date”). The Company is conducting a search for his replacement. Mr. Long will assume a new role as Senior Vice President – Marketing Strategy, reporting to the CEO, focused on marketing strategy until his Retirement Date and will assist with the transition to his replacement upon the replacement’s hire. Mr. Long’s compensation through the Retirement Date will not change, but Mr. Long will not receive a long-term equity grant in 2025 and will not participate in the Company’s short-term annual incentive plan for 2025.

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.

Date: October 11, 2024


MRC GLOBAL INC.

By:		/s/ Daniel J. Churay
		Daniel J. Churay
		Executive Vice President, Corporate Affairs, General Counsel & Corporate Secretary

Document and Entity Information	Oct. 11, 2024
Cover [Abstract]
Amendment Flag	false
Entity Central Index Key	0001439095
Document Type	8-K
Document Period End Date	Oct. 11, 2024
Entity Registrant Name	MRC GLOBAL INC.
Entity Incorporation State Country Code	DE
Entity File Number	001-35479
Entity Tax Identification Number	20-5956993
Entity Address, Address Line One	1301 McKinney Street
Entity Address, Address Line Two	Suite 2300
Entity Address, City or Town	Houston
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	77010
City Area Code	(877)
Local Phone Number	294-7574
Written Communications	false
Soliciting Material	false
Pre Commencement Tender Offer	false
Pre Commencement Issuer Tender Offer	false
Security 12b Title	Common Stock, par value $0.01
Trading Symbol	MRC
Security Exchange Name	NYSE
Entity Emerging Growth Company	false