CF Industries Holdings, Inc. 8-K/A

What Happened
CF Industries (CF) filed a Form 8‑K on January 13, 2026 announcing that Executive Vice President and Chief Financial Officer Gregory D. Cameron will separate from the company effective February 15, 2026. The separation is a termination without cause and is not due to any disagreement with the company. CF and Mr. Cameron entered a Separation and Release Agreement dated January 12, 2026 that sets out severance, bonus and equity treatment.

Key Details

• Separation effective date: February 15, 2026.
• Salary and bonuses: Mr. Cameron will continue to receive his current base salary through the Separation Date and will be paid his 2025 Annual Incentive Plan bonus based on actual 2025 performance at the same time other senior executives are paid.
• Conditional payments if Mr. Cameron signs a release within 21 days after the Separation Date: (a) a lump-sum payment equal to his current base salary; (b) a pro rata portion of his 2026 Annual Incentive Plan bonus based on actual 2026 corporate performance, payable with other senior execs’ 2026 bonuses; and (c) pro rata vesting of outstanding equity awards, treated as if his termination were a "Special Retirement."
• Restrictions: Mr. Cameron agreed to non‑disparagement and to not compete with or solicit CF customers, clients or employees through February 15, 2027. The full Separation and Release Agreement is filed as an exhibit to the 8‑K.

Why It Matters
A CFO departure is a material leadership change investors should note; the company disclosed planned severance, bonus and equity treatment that could result in one‑time cash and equity‑based compensation being paid if the post‑separation release conditions are met. The company also stated the separation was not due to any operational disagreement, and a non‑compete/non‑solicit through February 15, 2027 may limit Mr. Cameron’s near‑term competitive activity. Investors may watch for announcements about an interim or permanent CFO and any related impacts on financial reporting or corporate strategy.