secwatch.observer — SEC 8-K summary
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Issuer:     Sunnova Energy International Inc. (—)
CIK:        0001772695
Form:       8-K
Filed at:   2024-06-10T23:59:59+00:00
Accession:  0001772695-24-000062
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Sunnova appoints Eric M. Williams as CFO; Robert L. Lane departs June 30
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- Eric M. Williams, 46, appointed EVP, CFO effective June 10, 2024; previously CFO of Diversified Energy Company.
- Compensation includes $475,000 base salary, 75% target bonus, and $2.5M annual LTIP grant target.
- One-time sign-on award of $1.25M (50% RSUs, 25% options, 25% premium options) vesting on third anniversary.
- Additional $300k RSU grant vesting 1/3 per year over three years; relocation assistance up to $100k.
- Robert L. Lane will remain as SVP, Finance through June 30, 2024 to assist transition.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1772695/000177269524000062/0001772695-24-000062-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1772695/000177269524000062/nova-20240610.htm
  HTML page:      https://secwatch.observer/filing/0001772695-24-000062

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