Phoenix Energy One, LLC 8-K

What Happened
Phoenix Energy One, LLC (PHXE-P) filed an 8-K reporting that on January 21, 2026 it entered into new employment agreements (effective January 1, 2026) with CEO Adam Ferrari, CFO Curtis Allen, and Chief Business Officer Lindsey Wilson, superseding prior agreements dated May 8, 2025 (effective January 1, 2025). The new agreements change executive compensation arrangements for fiscal year 2026.

Key Details

• Adam Ferrari (CEO) and Curtis Allen (CFO) retain variable revenue-based compensation for fiscal 2026 tied to assumed gross revenue, reduced from 1.1% to 0.9% for Ferrari and from 0.55% to 0.45% for Allen.
• Variable payments for Ferrari and Allen will be made twice monthly during fiscal 2026 with a final true-up payment in December 2026.
• Lindsey Wilson (CBO) will no longer receive variable revenue-based compensation and will instead receive a base salary of $575,000 for fiscal 2026; the company may change her salary with notice.
• The new agreements were approved by the company’s non-executive board members and are filed as Exhibits 10.1–10.3 to the 8-K.

Why It Matters
These changes alter how senior executives are paid and how their incentives are tied to company revenue. Reduced percentage-based payouts for the CEO and CFO lower potential variable compensation tied to assumed gross revenue, while converting the CBO’s role to a fixed salary removes direct revenue linkage for that officer in 2026. For investors, this affects executive pay structure, potential cash outflows tied to revenue performance, and governance transparency (agreements approved by non-executive directors).