---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-026950"
form_type: "8-K"
ticker: "USEG"
cik: "0000101594"
company_name: "US ENERGY CORP"
filed_at: "2024-08-15T23:59:59+00:00"
generated_at: "2026-05-31T08:56:14.924744+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# CEO Ryan Smith enters new employment agreement through January 2027; base salary $335,475

## Summary
- Annual base salary $335,475; target cash bonus of 100% of base salary (no guarantee).
- Initial term to January 1, 2027, with automatic two-year renewals.
- Severance: 12 months' base + target bonus on without-cause/good reason termination; 2x on change of control.
- Non-compete for 6 months in any U.S. county where company holds mineral interests; non-solicit for 12 months.
- Agreement effective July 1, 2024; amends and restates prior May 2022 agreement.

## SEC filing metadata
- accession: 0001437749-24-026950
- form_type: 8-K
- ticker: USEG
- cik: 0000101594
- company_name: US ENERGY CORP
- filed_at: 2024-08-15T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/101594/000143774924026950/0001437749-24-026950-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/101594/000143774924026950/useg20240814_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-026950
- JSON: https://secwatch.observer/filing/0001437749-24-026950.json
- Plain text: https://secwatch.observer/filing/0001437749-24-026950.txt

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