secwatch.observer — SEC 8-K summary
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Issuer:     GULFPORT ENERGY CORP (GPOR)
CIK:        0000874499
Form:       8-K
Filed at:   2021-09-07T23:59:59+00:00
Accession:  0001213900-21-046882
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gulfport Energy removes 'Interim' from CEO Timothy Cutt's title, amends employment agreement
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- Timothy Cutt appointed permanent CEO effective Sept 2, 2021; previously interim since May 2021.
- Employment term changed to indefinite; either party may terminate at any time.
- Amendment removes Change of Control cash payments from prior agreement.
- Added severance: 3x (base salary + target bonus) if terminated without cause after a Change of Control.
- Severance subject to non-compete covenants and clawback on breach.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/874499/000121390021046882/0001213900-21-046882-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/874499/000121390021046882/ea147023-8k_gulfport.htm
  HTML page:      https://secwatch.observer/filing/0001213900-21-046882

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer