secwatch.observer — SEC 8-K summary
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Issuer:     CNX Resources Corp (CNX)
CIK:        0001070412
Form:       8-K
Filed at:   2023-12-01T23:59:59+00:00
Accession:  0001070412-23-000111
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CNX Resources appoints Timothy Bedard as EVP General Counsel; Alex Reyes departs with severance
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- Timothy Bedard appointed EVP, General Counsel and Secretary effective Dec 22, 2023; previously head of legal at Visa's Value Added Services.
- Alexander J. Reyes separated without cause after 16 years; receives $440,000 lump sum and accelerated vesting of 51,989 RSUs.
- Reyes' performance share units (81,168 target shares) and ESG units (10,400) continue vesting subject to performance goals.
- Reyes will consult through Dec 31, 2023; non-compete reduced to one year from separation.
- Both parties agree not to disparage; separation characterized as amicable.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070412/000107041223000111/0001070412-23-000111-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070412/000107041223000111/cnx-20231129.htm
  HTML page:      https://secwatch.observer/filing/0001070412-23-000111

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