CNX Resources Corp Files Definitive Additional Materials

TL;DR

CNX Resources proxy materials are in, shareholders get ready to vote!

AI Summary

CNX Resources Corp filed a Definitive Additional Materials proxy statement on April 8, 2024. This filing relates to the company's annual meeting and provides information to shareholders regarding the solicitation of proxies. The document is an amendment to previous filings and is intended for definitive use.

Why It Matters

This filing is important for shareholders as it contains crucial information for the upcoming annual meeting, including details on how to vote their shares and matters to be discussed.

Risk Assessment

Risk Level: low — This is a routine proxy filing and does not contain new financial information or significant corporate actions that would inherently increase risk.

Key Players & Entities

• CNX Resources Corp (company) — Registrant
• 0001070412-24-000019 (filing_id) — Accession Number
• 20240408 (date) — Filing Date

FAQ

From the Filing

0001070412-24-000019.txt : 20240408 0001070412-24-000019.hdr.sgml : 20240408 20240408163259 ACCESSION NUMBER: 0001070412-24-000019 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20240408 DATE AS OF CHANGE: 20240408 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CNX Resources Corp CENTRAL INDEX KEY: 0001070412 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 510337383 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-14901 FILM NUMBER: 24830011 BUSINESS ADDRESS: STREET 1: CNX CENTER STREET 2: 1000 CONSOL ENERGY DRIVE CITY: CANONSBURG STATE: PA ZIP: 15317 BUSINESS PHONE: 724-485-4000 MAIL ADDRESS: STREET 1: CNX CENTER STREET 2: 1000 CONSOL ENERGY DRIVE CITY: CANONSBURG STATE: PA ZIP: 15317 FORMER COMPANY: FORMER CONFORMED NAME: CONSOL Energy Inc DATE OF NAME CHANGE: 20090303 FORMER COMPANY: FORMER CONFORMED NAME: CONSOL ENERGY INC DATE OF NAME CHANGE: 19980915 DEFA14A 1 def144-8x2024.htm DEFA14A Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A (RULE 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. )      ☒ Filed by the Registrant          ☐ Filed by a Party other than the Registrant Check the appropriate box:      ☐ Preliminary Proxy Statement      ☐ Confidential, for use of the Commission Only (as permitted by Rule 14a-6(e)(2))      ☐ Definitive Proxy Statement      ☒ Definitive Additional Materials      ☐ Soliciting Material under §240.14a-12 CNX RESOURCES CORPORATION (Name of Registrant as Specified in Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply):      ☒ No fee required.      ☐ Fee paid previously with preliminary materials.      ☐ Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. April 8, 2024 To: Shareholders of CNX Resources Corporation RE: Report Feedback Statement Fellow Shareholders, We are writing to respond to two core issues in Glass Lewis’ recently issued proxy advisory report for CNX’s upcoming annual meeting: the recommendation against our Nominating and Governance Committee Chair and the mischaracterization of our executive compensation practices. First, however, it is important for shareholders to understand our concern regarding Glass Lewis’ flawed process. Glass Lewis uses a ’pay to play‘ approach where a company must purchase Glass Lewis’ proxy report to have the ability to directly address concerns through a Report Feedback Statement (“RFS”). See https://www.glasslewis.com/report-feedback-statement/ visited 3 April 2024. Glass Lewis’ website defines this quid pro quo as follows: “[w]hen purchasing Glass Lewis’ research as a company … the RFS is included in the cost ...” While Glass Lewis maintains that it will not edit feedback to “maintain the independence of both parties’ views,” Glass Lewis will, however, “… review each RFS submission for compliance with the RFS requirements and guidelines (as set forth in the ‘Frequently Asked Questions’ below), may request updates to the RFS submission to comply with those requirements and guidelines, and may refuse to publish an RFS that does not comply with the RFS requirements and guidelines ” ( emphasis added). In other words, a company must purchase the