---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-020112"
form_type: "8-K"
ticker: "USEG"
cik: "0000101594"
company_name: "US ENERGY CORP"
filed_at: "2023-06-05T23:59:59+00:00"
generated_at: "2026-06-14T07:08:31.334131+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# U.S. Energy Corp. appoints Mark Zajac as CFO effective June 1, 2023

## Summary
- Mark Zajac appointed CFO, succeeding Ryan Smith who had been serving as both CEO and CFO.
- Zajac will receive a starting salary of $255,000 and a target annual bonus of $160,000.
- Received 100,000 RSUs under the 2022 Equity Incentive Plan, vesting 50% on June 1, 2024 and 2025.
- Zajac is a former KPMG partner with energy industry experience; no familial relationships with executives.
- Employment is at-will; Offer Letter and RSU award agreements filed as exhibits.

## SEC filing metadata
- accession: 0001493152-23-020112
- form_type: 8-K
- ticker: USEG
- cik: 0000101594
- company_name: US ENERGY CORP
- filed_at: 2023-06-05T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/101594/000149315223020112/0001493152-23-020112-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/101594/000149315223020112/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-020112
- JSON: https://secwatch.observer/filing/0001493152-23-020112.json
- Plain text: https://secwatch.observer/filing/0001493152-23-020112.txt

## Key facts
- Executive change
  Ryan L. Smith changed role as Chief Financial Officer at US ENERGY CORP.
  - Action: ceased serving as Chief Financial Officer
  - Role: Chief Financial Officer
  source text: Effective as of his appointment as CFO, Mr. Ryan L. Smith, the Chief Executive Officer and director of the Company, ceased serving as Chief Financial Officer and Principal Financial and Accounting Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/101594/000149315223020112/0001493152-23-020112-index.htm
- Executive change
  Mark Zajac was appointed as Chief Financial Officer at US ENERGY CORP.
  - Action: appointed
  - Role: Chief Financial Officer
  source text: On, and effective on, June 1, 2023, the Board of Directors, with the recommendation of the Nominating Committee of the Board of Directors, of U.S. Energy Corp. (the “ Company ”, “ we ” and “ us ”), appointed Mr. Mark Zajac, as the Chief Financial Officer (CFO) and Principal Financial and Accounting Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/101594/000149315223020112/0001493152-23-020112-index.htm

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