---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-21-017508"
form_type: "8-K"
ticker: "SLNG"
cik: "0001043186"
company_name: "Stabilis Solutions, Inc."
filed_at: "2021-08-24T23:59:59+00:00"
generated_at: "2026-06-29T08:02:42.119758+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Stabilis Solutions appoints Westy Ballard as President and CEO, effective Aug 23, 2021

## Summary
- Westy Ballard appointed CEO and director, effective Aug 23; Jim Reddinger resigned as CEO and director.
- Founder Casey Crenshaw becomes non-executive chairman, relinquishing operational responsibilities.
- Ballard's employment: $500k base salary, bonus target 50%-150% of base, 500k RSUs and 1.3M options vesting over 3-4 years.
- Reddinger severance: base salary through Dec 2022, full vesting of 500k RSUs with sale lock-up through Dec 2022.
- Ballard previously EVP, CFO and Treasurer of Superior Energy Services; also a Marine Corps veteran.

## SEC filing metadata
- accession: 0001628280-21-017508
- form_type: 8-K
- ticker: SLNG
- cik: 0001043186
- company_name: Stabilis Solutions, Inc.
- filed_at: 2021-08-24T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1043186/000162828021017508/0001628280-21-017508-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1043186/000162828021017508/slngform08232021westyballa.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-21-017508
- JSON: https://secwatch.observer/filing/0001628280-21-017508.json
- Plain text: https://secwatch.observer/filing/0001628280-21-017508.txt

## Key facts
- Executive change
  J. Casey Crenshaw changed role as Non-executive Chairman at Stabilis Solutions, Inc..
  - Action: relinquished operational responsibilities and became non-executive chairman
  - Role: Non-executive Chairman
  source text: the Company’s founder and executive chairman, J. Casey Crenshaw, will relinquish his operational responsibilities and become the non-executive chairman of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1043186/000162828021017508/0001628280-21-017508-index.htm
- Executive change
  Westervelt T. "Westy" Ballard, Jr. was appointed as President and Chief Executive Officer at Stabilis Solutions, Inc..
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: the Company announced that it has appointed Westervelt T. "Westy" Ballard, Jr., age 49, as its president and chief executive officer, effective Augus t 23, 2021 .
  evidence_url: https://www.sec.gov/Archives/edgar/data/1043186/000162828021017508/0001628280-21-017508-index.htm
- Executive change
  James C. "Jim" Reddinger resigned as President and Chief Executive Officer at Stabilis Solutions, Inc..
  - Action: resigned
  - Role: President and Chief Executive Officer
  source text: Mr. Ballard will replace James C. "Jim" Reddinger, who has resigned as the Company’s president, chief executive officer and director to pursue other opportunities.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1043186/000162828021017508/0001628280-21-017508-index.htm

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