8-K
Core Natural Resources, Inc. (CNR)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): December 5, 2024
CONSOL Energy Inc.
(Exact name of registrant as specified in its charter)
| Delaware | 001-38147 | 82-1954058 |
|---|---|---|
| (State or other jurisdiction<br> <br>of incorporation) | (Commission<br> <br>File Number) | (IRS Employer<br> <br>Identification No.) |
| 275 Technology Drive Suite 101 | ||
| --- | ||
| Canonsburg, Pennsylvania 15317 | ||
| (Address of principal executive offices) | ||
| (Zip code) |
Registrant’s telephone number, including area code:
(724) 416-8300
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|---|---|
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| --- | --- |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| --- | --- |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
| --- | --- |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading<br>Symbol(s) | Name of each exchange<br>on which registered |
|---|---|---|
| Common Stock, $0.01 par value | CEIX | New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
|---|
Pursuant to that certain Agreement and Plan of Merger, dated as of August 20, 2024, by and among CONSOL Energy Inc., a Delaware corporation (the “Company”), Mountain Range Merger Sub Inc., a Delaware corporation and a wholly owned subsidiary of the Company, and Arch Resources, Inc., a Delaware corporation, the Company is entitled to pay a cash bonus to any employee of the Company or any of its subsidiaries to promote retention (a “Retention Bonus”) under a cash-based retention program in the aggregate amount of $6 million. On December 5, 2024, the Compensation Committee of the Board of Directors of the Company approved the payment of a Retention Bonus of $100,000 to John Rothka, Chief Accounting Officer and Controller of the Company, and such payment was made on December 6, 2024.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| CONSOL ENERGY INC. | |
|---|---|
| By: | /s/ Miteshkumar B. Thakkar |
| Miteshkumar B. Thakkar | |
| Chief Financial Officer and President |
Dated: December 6, 2024