---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-002592"
form_type: "8-K"
ticker: "SLNG"
cik: "0001043186"
company_name: "Stabilis Solutions, Inc."
filed_at: "2025-02-03T23:59:59+00:00"
generated_at: "2026-05-27T03:52:10.856055+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Stabilis Solutions CEO Westervelt Ballard departs; Executive Chairman Casey Crenshaw named interim CEO

## Summary
- CEO Ballard departed Jan 31, 2025 by mutual agreement; will consult through Dec 31, 2025.
- Crenshaw, co-founder and chairman, named interim CEO; board to search for permanent CEO.
- Ballard receives $1M severance, prorated bonus $41k, $48.6k/month consulting fee, and immediate vesting of equity.
- Crenshaw receives $500k annual cash as Executive Chairman; no additional compensation for interim CEO role.
- Non-compete and non-solicit covenants extended to Dec 31, 2026 for Ballard.

## SEC filing metadata
- accession: 0001437749-25-002592
- form_type: 8-K
- ticker: SLNG
- cik: 0001043186
- company_name: Stabilis Solutions, Inc.
- filed_at: 2025-02-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1043186/000143774925002592/0001437749-25-002592-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1043186/000143774925002592/slng20250203_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-002592
- JSON: https://secwatch.observer/filing/0001437749-25-002592.json
- Plain text: https://secwatch.observer/filing/0001437749-25-002592.txt

## Key facts
- Executive change
  J. Casey Crenshaw was appointed as Executive Chairman and interim President and Chief Executive Officer at Stabilis Solutions, Inc..
  - Action: appointed
  - Role: Executive Chairman and interim President and Chief Executive Officer
  source text: Stabilis Solutions, Inc. (the “Company”) announced that it has appointed the Company’s Chairman of the Board, J. Casey Crenshaw, age 50, as its Executive Chairman, and interim President and Chief Executive Officer, effective January 31, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1043186/000143774925002592/0001437749-25-002592-index.htm
- Executive change
  Westervelt T. Ballard, Jr. resigned as President and Chief Executive Officer at Stabilis Solutions, Inc..
  - Action: resigned
  - Role: President and Chief Executive Officer
  source text: Mr. Crenshaw will replace Westervelt T. “Westy” Ballard, Jr., who has mutually agreed with the Company to terminate his employment as the Company’s President and Chief Executive Officer and to resign his position as a director.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1043186/000143774925002592/0001437749-25-002592-index.htm

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