secwatch.observer — SEC 8-K summary
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Issuer:     USA Compression Partners, LP (USAC)
CIK:        0001522727
Form:       8-K
Filed at:   2024-10-03T23:59:59+00:00
Accession:  0001522727-24-000038
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

USA Compression CEO Eric Long to retire; Clint Green appointed as successor effective Oct 3, 2024
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- Eric Long, co-founder and CEO, will retire Dec 31, 2024, stepping down from role Oct 2 and staying in transition role.
- Long receives separation payment of $962,000, accelerated vesting of 509,974 phantom units, and $740,000 consulting fee for one year.
- Clint Green, previously Group SVP at Energy Transfer, appointed President and CEO; base salary $500K, target bonus 130%, LTIP target 500%.
- Retirement is not due to any disagreement with the Partnership's operations or policies.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1522727/000152272724000038/0001522727-24-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1522727/000152272724000038/usac-20241002.htm
  HTML page:      https://secwatch.observer/filing/0001522727-24-000038

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