HF Sinclair Corp 8-K

What Happened HF Sinclair Corporation (DINO) filed an 8-K (Item 5.02) reporting that Vivek Garg was appointed Acting Chief Financial Officer effective February 24, 2026. Mr. Garg will continue to serve as Vice President, Chief Accounting Officer and Controller while performing the Acting CFO role. The company disclosed additional, temporary compensation approved by the Compensation Committee for his service as Acting CFO.

Key Details

• Appointment date: Acting CFO effective February 24, 2026; 8-K signed March 6, 2026.
• Cash stipend: $25,000 per month beginning March 1, 2026 (prorated for partial months).
• Equity award: one-time restricted stock unit (RSU) grant with a grant-date value of $375,000; 50% vests December 1, 2026 and 50% vests December 1, 2027 (pro‑rata vesting if death or disability).
• Other terms: Mr. Garg remains party to the company’s Change in Control and Indemnification Agreements and continues eligibility for standard health, welfare, retirement and bonus programs; biographical information was previously disclosed in HF Sinclair’s Form 10‑K (filed Feb 27, 2026).

Why It Matters This filing informs investors of a temporary leadership change in the company’s finance function and the specific financial incentives tied to that role. The cash stipend and RSU grant quantify the incremental cost to the company for Mr. Garg’s additional responsibilities and provide a timeline for when equity will vest, which could affect dilution and executive retention considerations. The disclosure also confirms there are no special arrangements, family relationships, or reportable transactions requiring further SEC disclosure.