CVR Partners, LP Files 8-K: Director Changes and Compensation Updates
Ticker: UAN · Form: 8-K · Filed: Dec 12, 2024 · CIK: 1425292
| Field | Detail |
|---|---|
| Company | Cvr Partners, LP (UAN) |
| Form Type | 8-K |
| Filed Date | Dec 12, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $1,100,000, $1,200,000, $3 m |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, executive-compensation, board-of-directors
Related Tickers: CVR
TL;DR
CVR Partners LP 8-K: Board shuffle and exec pay changes filed Dec 12.
AI Summary
On December 12, 2024, CVR Partners, LP filed an 8-K report detailing changes in its board of directors and executive compensation arrangements. The filing indicates a departure of a director and the election of a new director, along with updates to compensatory plans for certain officers. Specific details regarding the financial impact of these changes were not immediately available in this summary section of the filing.
Why It Matters
Changes in a company's board of directors and executive compensation can signal shifts in strategy, governance, or financial priorities that may affect shareholder value.
Risk Assessment
Risk Level: low — This filing primarily concerns corporate governance and executive compensation, which typically carries a lower immediate risk compared to financial distress or major operational changes.
Key Players & Entities
- CVR Partners, LP (company) — Registrant
- December 12, 2024 (date) — Date of Report
FAQ
Who departed from the board of directors of CVR Partners, LP?
The filing indicates the departure of a director, but the specific name is not provided in the initial summary of the 8-K.
Was a new director elected to the board of CVR Partners, LP?
Yes, the filing states that a new director was elected.
What other information is covered by this 8-K filing?
The filing also covers compensatory arrangements of certain officers.
What is the filing date for this 8-K?
The filing date is December 12, 2024.
What is the principal executive office address for CVR Partners, LP?
The principal executive offices are located at 2277 Plaza Drive, Suite 500, Sugar Land, Texas 77479.
Filing Stats: 1,177 words · 5 min read · ~4 pages · Grade level 13.6 · Accepted 2024-12-12 17:17:52
Key Financial Figures
- $1,100,000 — . Lamp's base salary will increase from $1,100,000 to $1,200,000 effective January 1, 2025
- $1,200,000 — salary will increase from $1,100,000 to $1,200,000 effective January 1, 2025. In addition
- $3 m — termination; and – A cash payment of $3 million, multiplied by a fraction (not to
Filing Documents
- cvi-20241212.htm (8-K) — 31KB
- exhibit101-employmentagree.htm (EX-10.1) — 154KB
- imagea.jpg (GRAPHIC) — 38KB
- 0001425292-24-000023.txt ( ) — 389KB
- cvi-20241212.xsd (EX-101.SCH) — 2KB
- cvi-20241212_lab.xml (EX-101.LAB) — 21KB
- cvi-20241212_pre.xml (EX-101.PRE) — 12KB
- cvi-20241212_htm.xml (XML) — 3KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit Number Exhibit Description 10.1 Employment Agreement, dated as of December 12 , 202 4 , by and between CVR Energy, Inc. and David L. Lamp. 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document).
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. Date: December 12, 2024 CVR Partners, LP By: CVR GP, LLC, its general partner By: /s/ Dane J. Neumann Dane J. Neumann Executive Vice President, Chief Financial Officer, Treasurer and Assistant Secretary