leadership
confidence high
sentiment neutral
materiality 0.50
HF Sinclair appoints Vivek Garg as acting CFO; discloses additional compensation of $25k/month and $375k RSU grant
HF Sinclair Corp
- Vivek Garg appointed acting CFO effective Feb 24, 2026, while continuing as VP, Chief Accounting Officer and Controller.
- Monthly cash stipend of $25,000 for acting CFO role, beginning March 1, 2026, prorated for partial months.
- One-time RSU grant valued at $375,000: 50% vest Dec 1, 2026; 50% vest Dec 1, 2027, with pro-rata vesting on death or disability.
- Mr. Garg retains existing change in control, indemnification agreements, and annual bonus program on same terms.
- No family relationships with directors or executive officers; no reportable transactions under Item 404(a).