Hallador Energy Co. 8-K Summary
Business Context and Reporting Period
This Form 8-K Current Report was filed by Hallador Energy Company (HNRG) on December 4, 2025, covering the event date of December 1, 2025. The filing reports the appointment of a new senior executive officer.
Key Financial Metrics
The filing does not provide revenue, profit, cash flow, margin, debt, or liquidity metrics. This report focuses exclusively on executive compensation and appointment details.
Material Changes
On December 1, 2025, the Company appointed Eric Van Deman as Chief Accounting Officer and Senior Vice President. Mr. Van Deman will serve as the principal accounting officer. He previously served as Vice President, Accounting Policy at Liberty Global plc (since 2012) and as a Senior Manager at KPMG LLP (2003-2012).
Compensation and Outlook
Mr. Van Deman's compensation package includes:
- Base Salary: $275,000 annually.
- Target Bonus: $75,000 annually, subject to performance metrics.
- Equity Grant: Annual Restricted Stock Units (RSUs) valued at $100,000.
- Initial Grant: Subject to board approval, two years' worth of RSUs valued at $200,000 will be issued on or about the start date. These will vest in equal installments on anniversary dates in 2026 and 2027, contingent on continued employment.
The filing states there are no family relationships between Mr. Van Deman and current directors or officers, and no undisclosed transactions requiring disclosure under Item 404(a) of Regulation S-K.
Investor Verification Checklist
- Confirm the final vesting schedule and terms of the $200,000 initial RSU grant once board approval is finalized.
- Verify the specific performance metrics tied to the $75,000 annual bonus target.
- Review the Company's RSU plan terms referenced in the award agreement.
- Monitor future filings for any changes to the principal accounting officer role or related internal controls.