---
schema_version: "secwatch.filing_event.v1"
accession: "0001070412-23-000096"
form_type: "8-K"
ticker: "CNX"
cik: "0001070412"
company_name: "CNX Resources Corp"
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T16:48:00.109571+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# CNX Resources grants special performance share units to three executives

## Summary
- CFO Alan K. Shepard, COO Navneet Behl, and President Ravi Srivastava each received 383,334 PSUs on August 1, 2023.
- PSUs vest based on 90-day VWAP targets: $41.83 by July 2026, $60.24 by July 2028, and $86.75 by July 2030.
- Full payout requires 23% annualized share price appreciation over seven years; awards capped at 100% of target.
- Recipients must hold all shares received until at least July 31, 2030, and are subject to non-compete and forfeiture clauses.

## SEC filing metadata
- accession: 0001070412-23-000096
- form_type: 8-K
- ticker: CNX
- cik: 0001070412
- company_name: CNX Resources Corp
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1070412/000107041223000096/0001070412-23-000096-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1070412/000107041223000096/cnx-20230801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001070412-23-000096
- JSON: https://secwatch.observer/filing/0001070412-23-000096.json
- Plain text: https://secwatch.observer/filing/0001070412-23-000096.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.