secwatch.observer — SEC 8-K summary
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Issuer:     HALLADOR ENERGY CO (HNRG)
CIK:        0000788965
Form:       8-K
Filed at:   2026-06-11T21:28:42+00:00
Accession:  0000788965-26-000004
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hallador Energy appoints Matthew White as Chief Legal Officer effective June 8, 2026
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- Annual base salary of $500,000, pro-rated from June 8, 2026.
- Target annual performance bonus of $175,000 (prorated); maximum $350,000; based on safety, EBITDA, discretionary, strategic goals.
- One-time RSU grant valued at $200,000 vesting in three equal annual installments; signing bonus of $100,000 in immediately-vesting RSUs.
- Change-of-control retention bonus: $1.25M plus 2.5x prior-year bonus, prorated current-year bonus, and 24 months healthcare.
- Severance agreement provides 12 months of total compensation if terminated without cause or for good reason after one year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/788965/000078896526000004/0000788965-26-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/788965/000078896526000004/hnrg-20260608x8k.htm
  HTML page:      https://secwatch.observer/filing/0000788965-26-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer