---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-130932"
form_type: "8-K"
ticker: "CTRA"
cik: "0000858470"
company_name: "Coterra Energy Inc."
filed_at: "2022-12-29T23:59:59+00:00"
generated_at: "2026-06-20T22:12:41.671384+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# On Dec 27, Coterra Energy removed tax gross-up from Dinges change-in-control pact

## Summary
- On December 27, 2022, Coterra Energy and Executive Chairman Dan O. Dinges amended his change-in-control and employment agreements.
- The amendment eliminates the excise tax gross-up provision, responding to a proxy advisory firm's recommendation and 2022 shareholder vote.
- As consideration, the severance payment due upon Dinges' termination as Executive Chairman on Dec 31, 2022 will accrue interest at the 6-month Treasury Bill rate until paid around July 24, 2023.
- The change followed a 2022 say-on-pay vote where a proxy advisor recommended against the proposal and subsequent shareholder outreach.

## SEC filing metadata
- accession: 0001104659-22-130932
- form_type: 8-K
- ticker: CTRA
- cik: 0000858470
- company_name: Coterra Energy Inc.
- filed_at: 2022-12-29T23:59:59+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/858470/000110465922130932/0001104659-22-130932-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/858470/000110465922130932/tm2233532d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-130932
- JSON: https://secwatch.observer/filing/0001104659-22-130932.json
- Plain text: https://secwatch.observer/filing/0001104659-22-130932.txt

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