HighPeak Energy Inc. Introduces New Change in Control Plan for Employee Compensation

Reuters09-16

HighPeak Energy Inc. Introduces New Change in Control Plan for Employee Compensation

HighPeak Energy Inc. has announced the approval of its Change in Control Plan, effective September 9, 2025. The plan aims to provide discretionary severance payments and benefits to employees upon a Qualifying Triggering Event, which includes specific termination scenarios related to a Change in Control. Participants may receive up to three times their highest base salary and cash incentive bonus from previous years, subject to certain conditions and the discretion of the plan's administrator. The plan requires participants to execute a release of claims to receive any benefits.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Highpeak Energy Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-25-029088), on September 15, 2025, and is solely responsible for the information contained therein.

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