secwatch.observer — SEC 8-K summary
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Issuer:     Stabilis Solutions, Inc. (SLNG)
CIK:        0001043186
Form:       8-K
Filed at:   2021-08-24T23:59:59+00:00
Accession:  0001628280-21-017508
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1043186/000162828021017508/0001628280-21-017508-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1043186/000162828021017508/slngform08232021westyballa.htm
  HTML page:      https://secwatch.observer/filing/0001628280-21-017508

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