BATTALION OIL CORP (BATL) Form 8-K — Jun 18, 2026
Battalion Oil Corporation approved an updated compensation program for its directors and executive officers, effective July 1, 2026. Non-employee directors will receive an annual cash retainer of $225,000, with additional stipends for the Chairman and committee chairs. The company also established a $5.0 million bonus pool payable upon a change of control, which will adjust annually based on CPI-U plus 200 basis points. Additionally, the Board approved a Waterfall Merger Incentive Program providing payouts of 10% to 20% on the increase in company value above a base amount during a qualifying transaction.
Key figures
- Bonus Pool
- 5000000
- Rsus Vested
- 35419
- Expiration Date
- 2030-12-31
- Chairman Retainer
- 75000
- Director Retainer
- 225000
- Waterfall Payout Range
- 10-20%
- Committee Chair Retainer
- 25000
- Effective Date
- 2026-07-01
- Bonus Pool Adjustment
- CPI-U + 200 basis points
Price after filing
Close on the filing date to close N calendar days later (from $1.20). Historical, not a forecast.
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