HighPeak Energy Announces Director Changes & Compensation Updates
Ticker: HPK · Form: 8-K · Filed: Sep 15, 2025 · CIK: 1792849
| Field | Detail |
|---|---|
| Company | Highpeak Energy, INC. (HPK) |
| Form Type | 8-K |
| Filed Date | Sep 15, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, executive-compensation, governance
Related Tickers: HPK
TL;DR
HighPeak Energy reshuffled its board and updated exec pay. Watch for new strategy.
AI Summary
HighPeak Energy, Inc. announced on September 9, 2025, changes related to its board of directors and executive compensation. The filing details the departure of certain directors, the election of new directors, and updates to compensatory arrangements for its officers. Specific details regarding the individuals involved and the financial implications of these compensatory arrangements are outlined within the report.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy, governance, and future financial performance.
Risk Assessment
Risk Level: medium — Changes in board and executive compensation can indicate internal shifts that may impact future performance and strategy.
Key Players & Entities
- HighPeak Energy, Inc. (company) — Registrant
- September 9, 2025 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 421 W. 3rd St., Suite 1000 Fort Worth, Texas 76102 (address) — Principal executive offices
- (817) 850-9200 (phone_number) — Registrant's telephone number
FAQ
What specific changes were made to the board of directors?
The filing indicates the departure of certain directors and the election of new directors, though specific names are detailed within the report's items.
What are the key updates regarding executive compensation?
The report details updates to compensatory arrangements for certain officers, with specifics provided in the relevant sections of the filing.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on September 9, 2025.
What is HighPeak Energy, Inc.'s state of incorporation?
HighPeak Energy, Inc. is incorporated in Delaware.
Where are HighPeak Energy, Inc.'s principal executive offices located?
The principal executive offices are located at 421 W. 3rd St., Suite 1000, Fort Worth, Texas 76102.
Filing Stats: 952 words · 4 min read · ~3 pages · Grade level 13.9 · Accepted 2025-09-15 17:26:35
Key Financial Figures
- $0 — ly discretionary and, therefore, may be $0. Payment of any benefits under the Pla
Filing Documents
- hpe20250915_8k.htm (8-K) — 31KB
- ex_861548.htm (EX-10.1) — 80KB
- 0001437749-25-029088.txt ( ) — 262KB
- hpk-20250909.xsd (EX-101.SCH) — 3KB
- hpk-20250909_def.xml (EX-101.DEF) — 12KB
- hpk-20250909_lab.xml (EX-101.LAB) — 15KB
- hpk-20250909_pre.xml (EX-101.PRE) — 12KB
- hpe20250915_8k_htm.xml (XML) — 3KB
02
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Change in Control Plan On September 9, 2025, the Strategic Alternatives Committee of the board of directors (the "Board") of HighPeak Energy, Inc. (the "Company") formally approved and adopted the HighPeak Energy, Inc. Change in Control Plan and Summary Plan Description (the "Plan"), effective September 9, 2025 (the "Effective Date"). The Plan was adopted to provide certain discretionary severance payments and benefits to participating employees of the Company or its direct or indirect subsidiaries (each, a "Participant") upon a Qualifying Triggering Event (as defined below). All payments and benefits under the Plan shall be made, at the discretion of the administrator of the Plan, pursuant to the terms and conditions of the Plan and each Participant's individual participation letter. A "Qualifying Triggering Event" is generally defined as (A) a termination of a Participant's employment or service relationship during the 90-day period ending on the consummation of the Change in Control (the "Closing Date") (i) by the Company without Cause or (ii) due to such Participant's death or Disability, (B) a termination of a Participant's employment or service relationship on or after a Change in Control (i) by the Company without Cause, (ii) due to such Participant's death or Disability, or (iii) due to a resignation by the Participant for Good Reason, or (C) the date that is six months following the Closing Date, provided , in each case under Clauses (A), (B), and (C) that the Participant is continuously employed by the Company (or any successor of the Company surviving the applicable Change in Control) from the Effective Date through such termination date or date that is six months following the Closing Date, as applicable. Upon a Qualifying Triggering Event, the maximum benefit a Participant may be entitled t
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1 HighPeak Energy, Inc. Change in Control Plan and Summary Plan Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 2
SIGNATURES
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. HIGHPEAK ENERGY, INC. Date: September 15, 2025 By: /s/ Steven W. Tholen Name: Steven W. Tholen Title: Chief Financial Officer