{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-045550","form_type":"8-K","ticker":null,"cik":"0001509589","company_name":"CIVITAS RESOURCES, INC.","filed_at":"2025-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.541301+00:00","generated_at":"2026-05-22T07:44:54.729840+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Civitas appoints Clay Carrell as President and COO, effective immediately","bullets":["Clayton A. Carrell named President and COO, reporting to CEO Chris Doyle; effective May 7, 2025.","Carrell previously EVP & COO at Southwestern Energy and EP Energy; over 35 years industry experience.","Compensation: $875k base salary, $2.625M LTIP target (30% RSUs, 70% PSUs), $875k equity sign-on, $500k cash sign-on.","Severance: 150% base salary (no CIC) or 250% (within 12 months post-CIC), plus COBRA reimbursement.","CEO Chris Doyle ceases his additional principal operating officer role effective immediately."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-045550","json":"https://secwatch.observer/filing/0001104659-25-045550.json","markdown":"https://secwatch.observer/filing/0001104659-25-045550.md","text":"https://secwatch.observer/filing/0001104659-25-045550.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1509589/000110465925045550/0001104659-25-045550-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1509589/000110465925045550/tm2514090d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T07:44:54.729840+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"e65c2fe3b8","claim":"Clayton A. Carrell was appointed as President and Chief Operating Officer at CIVITAS RESOURCES, INC..","evidence_excerpt":"On May 7, 2025, Civitas Resources, Inc. (the “Company”) appointed Clayton A. Carrell as the new President and Chief Operating Officer of the Company, effective immediately, reporting to the Company’s Chief Executive Officer.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1509589/000110465925045550/0001104659-25-045550-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President and Chief Operating Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}