8-K filed Jun 23, 2025 23:59 UTC CIK 0000315131

m_and_a confidence high sentiment neutral materiality 1.00

PHX Minerals acquired by WhiteHawk in $187M all-cash deal; shares delisted

PHX MINERALS INC.

Tender offer closed with 73.7% of shares tendered; remaining shares acquired in merger at $4.35/sh.
Aggregate consideration ~$187M; PHX becomes wholly owned subsidiary of WhiteHawk.
NYSE listing suspended; PHX to file Form 15 to suspend SEC reporting.
CEO Chad Stephens, CFO Ralph D'Amico, and all board members resigned; new leadership appointed.
PHX became guarantor of WHIC's note purchase agreement; prior credit agreement terminated.

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Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Steven L. Packebush

Director

PHX MINERALS INC.

Effective: 2025-06-23
Successor: Jeffrey Slotterback
Filed: Jun 23, 2025 23:59 UTC

each of Mark T. Behrman, Glen A. Brown, Lee M. Canaan, Steven L. Packebush, John H. Pinkerton, and Chad L. Stephens resigned from his or her respective position as a member of the Board of Directors, and any committee thereof, of the Company, effective at the effective time of the Merger on June 23, 2025.

Departed

Chad L. Stephens

Director

PHX MINERALS INC.

Effective: 2025-06-23
Successor: Jeffrey Slotterback
Filed: Jun 23, 2025 23:59 UTC

each of Mark T. Behrman, Glen A. Brown, Lee M. Canaan, Steven L. Packebush, John H. Pinkerton, and Chad L. Stephens resigned from his or her respective position as a member of the Board of Directors, and any committee thereof, of the Company, effective at the effective time of the Merger on June 23, 2025.

Departed

Glen A. Brown

Director

PHX MINERALS INC.

Effective: 2025-06-23
Successor: Jeffrey Slotterback
Filed: Jun 23, 2025 23:59 UTC

each of Mark T. Behrman, Glen A. Brown, Lee M. Canaan, Steven L. Packebush, John H. Pinkerton, and Chad L. Stephens resigned from his or her respective position as a member of the Board of Directors, and any committee thereof, of the Company, effective at the effective time of the Merger on June 23, 2025.

Departed

Chad L. Stephens

President and Chief Executive Officer

PHX MINERALS INC.

Effective: 2025-06-23
Successor: Daniel Herz
Filed: Jun 23, 2025 23:59 UTC

the employment of each of Ralph D’Amico, the Company’s Chief Financial Officer and Executive Vice President and Chad L. Stephens, the Company’s President and Chief Executive Officer was terminated at the effective time of the Merger.

Appointed

Daniel Herz

Chief Executive Officer

PHX MINERALS INC.

Effective: 2025-06-23
Filed: Jun 23, 2025 23:59 UTC

Daniel Herz appointed as Chief Executive Officer of the Company, Jeff Smith appointed as President of the Company, and Jeffrey Slotterback appointed as Chief Financial Officer and Secretary of the Company.

Departed

Lee M. Canaan

Director

PHX MINERALS INC.

Effective: 2025-06-23
Successor: Jeffrey Slotterback
Filed: Jun 23, 2025 23:59 UTC

each of Mark T. Behrman, Glen A. Brown, Lee M. Canaan, Steven L. Packebush, John H. Pinkerton, and Chad L. Stephens resigned from his or her respective position as a member of the Board of Directors, and any committee thereof, of the Company, effective at the effective time of the Merger on June 23, 2025.

Appointed

Jeff Smith

President

PHX MINERALS INC.

Effective: 2025-06-23
Filed: Jun 23, 2025 23:59 UTC

Daniel Herz appointed as Chief Executive Officer of the Company, Jeff Smith appointed as President of the Company, and Jeffrey Slotterback appointed as Chief Financial Officer and Secretary of the Company.

Departed

Mark T. Behrman

Director

PHX MINERALS INC.

Effective: 2025-06-23
Successor: Jeffrey Slotterback
Filed: Jun 23, 2025 23:59 UTC

each of Mark T. Behrman, Glen A. Brown, Lee M. Canaan, Steven L. Packebush, John H. Pinkerton, and Chad L. Stephens resigned from his or her respective position as a member of the Board of Directors, and any committee thereof, of the Company, effective at the effective time of the Merger on June 23, 2025.

Appointed

Jeffrey Slotterback

Director

PHX MINERALS INC.

Effective: 2025-06-23
Filed: Jun 23, 2025 23:59 UTC

Jeffrey Slotterback was appointed as the sole member of the Board of Directors of the Company.

Departed

John H. Pinkerton

Director

PHX MINERALS INC.

Effective: 2025-06-23
Successor: Jeffrey Slotterback
Filed: Jun 23, 2025 23:59 UTC

each of Mark T. Behrman, Glen A. Brown, Lee M. Canaan, Steven L. Packebush, John H. Pinkerton, and Chad L. Stephens resigned from his or her respective position as a member of the Board of Directors, and any committee thereof, of the Company, effective at the effective time of the Merger on June 23, 2025.

Appointed

Jeffrey Slotterback

Chief Financial Officer and Secretary

PHX MINERALS INC.

Effective: 2025-06-23
Filed: Jun 23, 2025 23:59 UTC

Daniel Herz appointed as Chief Executive Officer of the Company, Jeff Smith appointed as President of the Company, and Jeffrey Slotterback appointed as Chief Financial Officer and Secretary of the Company.

Departed

Ralph D'Amico

Chief Financial Officer and Executive Vice President

PHX MINERALS INC.

Effective: 2025-06-23
Successor: Jeffrey Slotterback
Filed: Jun 23, 2025 23:59 UTC

the employment of each of Ralph D’Amico, the Company’s Chief Financial Officer and Executive Vice President and Chad L. Stephens, the Company’s President and Chief Executive Officer was terminated at the effective time of the Merger.

Source: SEC EDGAR

accession 0001104659-25-061419

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