---
schema_version: "secwatch.filing_event.v1"
accession: "0001104485-24-000030"
form_type: "8-K"
ticker: "NOG"
cik: "0001104485"
company_name: "NORTHERN OIL & GAS, INC."
filed_at: "2024-01-05T23:59:59+00:00"
generated_at: "2026-06-07T02:54:49.792351+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# NOG enters into new employment agreements with five executives; discloses 2023 comp plan

## Summary
- Agreements with CEO Nicholas O'Grady (base salary $850k), Adam Dirlam, Chad Allen, James Evans, and Erik Romslo; 5-year initial term with auto-renewal.
- CIC severance: 2x base salary + COBRA + immediate vesting of time-vested equity; non-CIC severance: similar with pro-rata equity vesting.
- 2023 short-term incentive: cash bonus weighted equally on Adjusted EBITDA, ROCE, and individual performance.
- Long-term incentives: service-based RSUs and performance awards tied to absolute/relative TSR (3yr) and compound equity growth (5yr).

## SEC filing metadata
- accession: 0001104485-24-000030
- form_type: 8-K
- ticker: NOG
- cik: 0001104485
- company_name: NORTHERN OIL & GAS, INC.
- filed_at: 2024-01-05T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1104485/000110448524000030/0001104485-24-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1104485/000110448524000030/nog-20231229.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104485-24-000030
- JSON: https://secwatch.observer/filing/0001104485-24-000030.json
- Plain text: https://secwatch.observer/filing/0001104485-24-000030.txt

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