EXPAND ENERGY Corp. Files 8-K on Officer Compensation
Ticker: EXE · Form: 8-K · Filed: Nov 7, 2024 · CIK: 895126
Sentiment: neutral
Topics: executive-compensation, filing
TL;DR
EXPAND ENERGY Corp. filed an 8-K on Nov 1st regarding officer compensation changes.
AI Summary
On November 1, 2024, EXPAND ENERGY Corp. filed an 8-K report detailing changes in its executive and director compensation arrangements. The filing indicates adjustments to compensatory arrangements for certain officers, though specific dollar amounts and names of individuals involved are not detailed in this initial summary.
Why It Matters
Changes in executive compensation can signal shifts in company strategy or performance expectations, potentially impacting investor confidence and future stock performance.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of executive compensation adjustments and does not indicate immediate financial distress or significant operational changes.
Key Players & Entities
- EXPAND ENERGY Corp. (company) — Registrant
- November 1, 2024 (date) — Date of earliest event reported
FAQ
What specific changes were made to the compensatory arrangements of certain officers?
The filing indicates adjustments to compensatory arrangements for certain officers, but the specific details of these changes are not provided in the initial summary of the 8-K.
Were there any departures or elections of directors or officers mentioned in this filing?
The filing's item information lists 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers' as a category, suggesting such events may be covered, but specific details are not in the provided text.
What is the SIC code for EXPAND ENERGY Corp.?
The Standard Industrial Classification (SIC) code for EXPAND ENERGY Corp. is 1311, which corresponds to Crude Petroleum & Natural Gas.
When was EXPAND ENERGY Corp. formerly known as Chesapeake Energy Corp.?
The company's name was changed from CHESAPEAKE ENERGY CORP. on November 29, 1994.
What is the business address of EXPAND ENERGY Corp.?
The business address of EXPAND ENERGY Corp. is 6100 N WESTERN AVE, OKLAHOMA CITY, OK 73118.
Filing Stats: 552 words · 2 min read · ~2 pages · Grade level 14.7 · Accepted 2024-11-07 16:09:49
Key Financial Figures
- $0.01 — e on which registered Common Stock, $0.01 par value per share EXE The Nasdaq
Filing Documents
- tm2427195d2_8k.htm (8-K) — 34KB
- tm2427195d2_8kimg001.jpg (GRAPHIC) — 5KB
- 0001104659-24-115304.txt ( ) — 269KB
- exe-20241101.xsd (EX-101.SCH) — 4KB
- exe-20241101_def.xml (EX-101.DEF) — 27KB
- exe-20241101_lab.xml (EX-101.LAB) — 38KB
- exe-20241101_pre.xml (EX-101.PRE) — 25KB
- tm2427195d2_8k_htm.xml (XML) — 7KB
02 Departure of Directors or Certain
Item 5.02 Departure of Directors or Certain Officers; Election of Officers; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers As reported by Expand Energy Corporation (the "Company") in its Current Report on Form 8-K dated October 1, 2024, Benjamin E. Russ was removed as Executive Vice President, General Counsel and Corporate Secretary of the Company as of October 1, 2024. On November 1, 2024 (the "Termination Date"), the Company entered into a Severance Agreement (the "Severance Agreement") with Mr. Russ specifying, among other things, that Mr. Russ's service with the Company terminated on the Termination Date and that Mr. Russ will receive the cash severance, equity award vesting and other benefits set forth in the Company's Executive Severance Plan (as modified by the letter agreement previously entered into between Mr. Russ and the Company in January 2024), subject to the satisfaction of the release conditions contained in the Severance Agreement. (d) Exhibits Exhibit No. Document Description 104 Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101) SIGNATURE 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. EXPAND ENERGY CORPORATION By: /s/ MOHIT SINGH Mohit Singh Executive Vice President and Chief Financial Officer Date: November 7, 2024