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    Expand Energy Corporation filed SEC Form 8-K: Leadership Update

    11/7/24 4:09:49 PM ET
    $EXE
    Oil & Gas Production
    Energy
    Get the next $EXE alert in real time by email
    false 0000895126 0000895126 2024-11-01 2024-11-01 0000895126 us-gaap:CommonStockMember 2024-11-01 2024-11-01 0000895126 EXE:ClassaWarrantsToPurchaseCommonStockMember 2024-11-01 2024-11-01 0000895126 EXE:ClassbWarrantsToPurchaseCommonStockMember 2024-11-01 2024-11-01 0000895126 EXE:ClasscWarrantsToPurchaseCommonStockMember 2024-11-01 2024-11-01 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 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): November 1, 2024

     

     

    EXPAND ENERGY CORPORATION

     

    (Exact name of registrant as specified in its Charter)

     

    Oklahoma 001-13726   73-1395733
    (State or other jurisdiction of
    incorporation)
    (Commission File Number)   (IRS Employer Identification No.)

     

    6100 North Western Avenue Oklahoma City OK   73118
    (Address of principal executive offices)   (Zip Code)

     

    (405) 848-8000

     

    (Registrant’s telephone number, including area code)

     

    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:

     

    ¨ 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   Name of each exchange on
    which registered
    Common Stock, $0.01 par value per share   EXE   The Nasdaq Stock Market LLC
    Class A Warrants to purchase Common Stock   EXEEW   The Nasdaq Stock Market LLC
    Class B Warrants to purchase Common Stock   EXEEZ   The Nasdaq Stock Market LLC
    Class C Warrants to purchase Common Stock   EXEEL   The Nasdaq Stock Market LLC

     

    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 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

     

     

     

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