UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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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).
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
Pursuant to that certain Agreement and Plan of Merger, dated as of August 20, 2024, by and among CONSOL Energy Inc., a Delaware corporation (the “Company”), Mountain Range Merger Sub Inc., a Delaware corporation and a wholly owned subsidiary of the Company, and Arch Resources, Inc., a Delaware corporation, the Company is entitled to pay a cash bonus to any employee of the Company or any of its subsidiaries to promote retention (a “Retention Bonus”) under a cash-based retention program in the aggregate amount of $6 million. On December 5, 2024, the Compensation Committee of the Board of Directors of the Company approved the payment of a Retention Bonus of $100,000 to John Rothka, Chief Accounting Officer and Controller of the Company, and such payment was made on December 6, 2024.
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.
| CONSOL ENERGY INC. | ||
| By: | /s/ Miteshkumar B. Thakkar | |
| Miteshkumar B. Thakkar | ||
| Chief Financial Officer and President | ||
Dated: December 6, 2024