USA Compression Partners Files 8-K on Officer Changes
Ticker: USAC · Form: 8-K · Filed: Feb 28, 2024 · CIK: 1522727
| Field | Detail |
|---|---|
| Company | Usa Compression Partners, LP (USAC) |
| Form Type | 8-K |
| Filed Date | Feb 28, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-changes, compensatory-arrangements
TL;DR
**USA Compression Partners just filed an 8-K about executive changes and pay, keep an eye on leadership shifts!**
AI Summary
USA Compression Partners, LP filed an 8-K on February 28, 2024, reporting an event that occurred on February 22, 2024. The filing pertains to Item 5.02, specifically regarding the departure or election of directors or certain officers and compensatory arrangements for officers. The company's business address is 111 Congress Avenue, Suite 2400, Austin, Texas 78701.
Why It Matters
This filing signals potential changes in leadership or executive compensation at USA Compression Partners, which could influence future strategic decisions and financial performance.
Risk Assessment
Risk Level: medium — Changes in executive leadership or compensation can introduce uncertainty regarding future company direction and stability.
Key Players & Entities
- USA Compression Partners, LP (company) — Registrant
- February 22, 2024 (date) — Date of earliest event reported
- February 28, 2024 (date) — Filing date
- 111 Congress Avenue, Suite 2400, Austin, Texas 78701 (address) — Principal executive offices
- 512-473-2662 (phone_number) — Registrant's telephone number
FAQ
What was the date of the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on February 22, 2024.
What is the full name of the registrant for this 8-K filing?
The full name of the registrant is USA Compression Partners, LP.
What is the primary business address of USA Compression Partners, LP?
The primary business address of USA Compression Partners, LP is 111 Congress Avenue, Suite 2400, Austin, Texas 78701.
What is the Commission File Number for USA Compression Partners, LP?
The Commission File Number for USA Compression Partners, LP is 1-35779.
What specific items are covered in this 8-K filing according to the 'ITEM INFORMATION'?
The 'ITEM INFORMATION' indicates that this 8-K covers 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers'.
Filing Stats: 562 words · 2 min read · ~2 pages · Grade level 12 · Accepted 2024-02-28 06:55:18
Filing Documents
- usac-20240222.htm (8-K) — 24KB
- 0001522727-24-000011.txt ( ) — 151KB
- usac-20240222.xsd (EX-101.SCH) — 2KB
- usac-20240222_lab.xml (EX-101.LAB) — 25KB
- usac-20240222_pre.xml (EX-101.PRE) — 13KB
- usac-20240222_htm.xml (XML) — 3KB
From the Filing
usac-20240222 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 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): February 22, 2024 USA Compression Partners, LP (Exact Name of Registrant as Specified in Charter) Delaware 1-35779 75-2771546 (State or Other Jurisdiction of Incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 111 Congress Avenue , Suite 2400 Austin , Texas 78701 (Address of principal executive offices) (zip code) Registrant's telephone number, including area code: ( 512 ) 473-2662 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 exchange on which registered Common units representing limited partner interests USAC 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. On February 22, 2024, Energy Transfer LP (" ET "), the sole member of USA Compression GP, LLC (the " General Partner "), the general partner of USA Compression Partners, LP (the " Partnership "), set the size of the board of directors of the General Partner (the " Board ") at nine and appointed Clifford A. Harris to serve as a director on the Board effective as of February 26, 2024. There are no arrangements or understandings between Mr. Harris and any other persons pursuant to which he will serve as a director. As an outside director, Mr. Harris will receive compensation from the Partnership for his service as a director on the Board pursuant to the General Partner's Amended and Restated Outside Director Compensation Policy, as described in the Partnership's Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission on February 13, 2024, including an award of 2,500 phantom units upon his appointment to the Board. There are no relationships between Mr. Harris and the General Partner or the Partnership that would require disclosure pursuant to Item 404(a) of Regulation S-K. 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. USA COMPRESSION PARTNERS, LP By: USA Compression GP, LLC, its General Partner Date: February 28, 2024 By: /s/ Christopher W. Porter Christopher W. Porter Vice President, General Counsel and Secretary