8-KThe WireRed Alert
Executive Change · Bylaw Amendment
Filed Apr 17, 2025 · 1y ago · Accession 0001104659-25-036013
Plain English
Material event — a significant development the company must disclose promptly.
Read the source below for the full document.
Filing text
View original ↗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): April 16, 2025
EQT CORPORATION
(Exact name of registrant as specified in
its charter)
Pennsylvania
001-3551
25-0464690
(State or Other Jurisdiction
of Incorporation)
(Commission File Number)
(IRS Employer
Identification Number)
625 Liberty Avenue , Suite 1700 ,
Pittsburgh , Pennsylvania 15222
(Address of principal executive offices,
including zip code)
( 412 ) 553-5700
(Registrant’s telephone number, including
area code)
Not Applicable
(Former name or former address, if changed
since last report)
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 (see General
Instruction A.2. below):
¨
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 symbol(s)
Name of each exchange on which registered
Common Stock, no par value
EQT
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.
At the Annual Meeting of Shareholders of EQT Corporation
(the “Company”) held on April 16, 2025 (the “Annual Meeting”), the Company’s shareholders approved
the EQT Corporation 2025 Employee Stock Purchase Plan (the “Plan”), which was previously approved by the Company’s Board
of Directors (the “Board”) subject to shareholder approval. The purpose of the Plan, which is anticipated to become available for use beginning in
the first quarter of 2026, is to provide the Company’s employees the opportunity to purchase shares of the Company’s
common stock at a discounted price through payroll deductions, up to a certain percentage limit of each employee’s eligible compensation.
A more complete description of the Plan is
contained in the Company’s definitive
proxy statement on Schedule 14A, as filed with the Securities and Exchange Commission on March 3, 2025 (the “Proxy
Statement”), under the heading “Proposal 4 - Approval of the EQT Corporation 2025 Employee Stock Purchase Plan,”
which is incorporated herein by reference. The description of the Plan set forth in the Proxy Statement does not purport to be
complete and is qualified in its entirety by reference to the full text of the Plan, a copy of which is filed herewith as
Exhibit 10.1 and incorporated herein by reference.
Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change
in Fiscal Year.
At the Annual Meeting held on April 16, 2025,
following the approval and recommendation of the Board, the Company’s shareholders approved a proposed amendment to the
Company’s Amended and Restated Bylaws, as amended through July 18, 2024 (the “Bylaws”), to provide
for exculpation of the Company’s officers pursuant to Section 1735 of the Pennsylvania Business Corporation Law. Such
amendment is further described in the Proxy Statement, under the heading “Proposal 3 - Approval of an Amendment to the Company’s Bylaws to reflect Pennsylvania Law Provisions
regarding Officer Exculpation.”
The foregoing description of the Amended and
Restated Bylaws (as amended through April 16, 2025) (the “Restated Bylaws”) does not purport to be complete and is
qualified in its entirety by reference to the full text of the Restated Bylaws filed herewith as Exhibit 3.1 and incorporated herein
by reference. A marked copy illustrating the changes made to the amended sections of the Bylaws is filed herewith as Exhibit
3.2.
Item 5.07. Submission of Matters to a Vote of Security Holders.
At the Annual Meeting, the Company’s shareholders
voted upon the following five proposals, each of which is described in more detail in the Proxy Statement. The final vote results for
each proposal were as follows:
Proposal 1: Election of Directors
The shareholders elected each of the individuals
set forth below to the Board of Directors of the Company to serve a one-year term expiring at the Company’s
2026 annual meeting of shareholders:
Shares
For
Shares
Against
Shares
Abstained
Broker
Non-Votes
Vicky A. Bailey
496,478,791
2,547,158
195,554
37,998,212
Lee M. Canaan
492,045,407
6,969,826
206,270
37,998,212
Frank C. Hu
488,122,910
10,884,966
213,627
37,998,212
Dr. Kathryn J. Jackson
494,751,172
4,264,957
205,374
37,998,212
Thomas F. Karam
490,757,692
7,928,653
535,158
37,998,212
John F. McCartney
456,787,770
42,227,846
205,887
37,998,212
Daniel J. Rice IV
491,169,383
7,852,091
200,029
37,998,212
Toby Z. Rice
495,314,150
3,698,861
208,492
37,998,212
Robert F. Vagt
496,691,608
2,328,395
201,500
37,998,212
Hallie A. Vanderhider
493,335,825
5,685,471
200,207
37,998,212
2
Proposal 2: Approval of a Non-Binding Resolution to Approve the
2024 Compensation of the Company’s Named Executive Officers (Say-on-Pay)
The shareholders approved a non-binding resolution
to approve the 2024 compensation of the Company’s named executive officers, with votes as follows:
Shares
For
Shares
Against
Shares
Abstained
Broker
Non-Votes
490,888,538
7,672,182
660,783
37,998,212
Proposal 3: Approval of an Amendment to the Company’s Bylaws
to Reflect Pennsylvania Law Provisions Regarding Officer Exculpation
The shareholders approved an amendment to the Company’s
Bylaws to reflect Pennsylvania law provisions regarding officer exculpation, with votes as follows:
Shares
For
Shares
Against
Shares
Abstained
Broker
Non-Votes
450,720,735
48,039,078
461,690
37,998,212
Proposal 4: Approval of the EQT Corporation 2025 Employee Stock
Purchase Plan
The shareholders approved the EQT Corporation 2025
Employee Stock Purchase Plan, with votes as follows:
Shares
For
Shares
Against
Shares
Abstained
Broker
Non-Votes
498,212,461
755,066
253,976
37,998,212
Proposal 5: Ratification of the Appointment of Ernst & Young
LLP as the Company’s Independent Registered Public Accounting Firm for 2025
The appointment of Ernst & Young LLP as
the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2025 was ratified by the
shareholders, with votes as follows:
Shares
For
Shares
Against
Shares
Abstained
Broker
Non-Votes
509,608,223
27,391,311
220,181
0
3
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No.
Description
3.1
EQT Corporation Amended and Restated Bylaws (Amended through April 16, 2025).
3.2
Marked Changes to Amended Sections of EQT Corporation Amended and Restated Bylaws.
10.1
EQT Corporation 2025 Employee Stock Purchase Plan.
104
Cover Page Interactive Data File-the cover page XBRL tags are embedded within the Inline XBRL document.
4
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.
EQT CORPORATION
Date: April 17, 2025
By:
/s/ William E. Jordan
Name:
William E. Jordan
Title:
Chief Legal and Policy Officer
Filing details
- Company
- EQT Corp
- Ticker
- EQT
- CIK
- 33213
- Form type
- 8-K
- Filing date
- Apr 17, 2025
- Report date
- Apr 16, 2025
- Document
- tm2511980d1_8k.htm
- Size
- 481 KB