secwatch.observer — SEC 8-K summary
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Issuer:     EXPAND ENERGY Corp (EXE)
CIK:        0000895126
Form:       8-K
Filed at:   2026-10-19T12:09:38+00:00
Accession:  0001104659-26-116739
Event type: leadership
Sentiment:  positive
Materiality: 0.75
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Expand Energy names Daniel E. Brown President and CEO effective October 26, 2026
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- Brown, 51, was CEO of Chord Energy (CHRD) from July 2024 to October 2026 and succeeds interim CEO Michael Wichterich at Expand Energy (EXE).
- Brown's base salary is $1,000,000 with a 125% target bonus and $8,750,000 annual long-term incentive target split 30% RSUs and 70% PSUs.
- Make-whole award comprises $4,726,662 in RSUs and $10,925,584 in PSUs to replace compensation forfeited at his prior employer.
- Wichterich ceases as interim CEO but remains Non-Executive Chairman; the transition was planned and not due to any disagreement with the company.
- The Board elected Brown as a director effective October 26, 2026; as an employee director, he will receive no separate Board compensation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/895126/000110465926116739/0001104659-26-116739-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/895126/000110465926116739/tm2627775d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-116739

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