Research Reports

Key takeaways

Franklin Myers, age 73, appointed Acting CEO and President effective February 17, 2026, as previously announced.

Monthly cash stipend of $9,000 for qualifying business expenses, prorated for partial months.

One-time Initial RSU Grant valued at approximately $105,000; monthly Follow-On RSU Grants of similar value starting April 2026.

RSU Grants governed by 2020 Long Term Incentive Plan; no Board service compensation during Acting CEO tenure.

Board to review compensation arrangements at least quarterly.

Myers entitled to participate in employee benefit plans.

Full analysis

HF Sinclair Corporation formalized compensation for interim CEO Franklin Myers following his February 17, 2026 appointment. The package features a modest $9,000 monthly stipend covering business expenses, supplemented by substantial equity incentives totaling about $105,000 per month in restricted stock units, signaling strong Board confidence in his leadership during the transition. Waiving Board fees underscores focus on his executive duties. Quarterly reviews provide flexibility to adjust terms based on performance and tenure length, offering investors transparency into governance practices amid leadership changes.

DINO · HF Sinclair Corporation

Summary

Key takeaways

Full analysis