EQT Corp 8-K

What Happened On February 4, 2026, EQT Corporation’s Management Development and Compensation Committee approved the EQT Corporation 2026 Short-Term Incentive Plan (2026 STIP). The company filed a Form 8-K on February 9, 2026 reporting the approval. The 2026 STIP sets the terms for annual cash bonus opportunities for the company’s executive officers and other designated employees for services provided during calendar year 2026, with payments to be made in 2027.

Key Details

• Approved Feb 4, 2026; Form 8-K filed Feb 9, 2026.
• Eligible participants: all executive officers and certain other employees designated from time to time.
• Performance metrics: free cash flow per share; total capital expenditures; cash operating costs; environmental, health & safety (EHS) intensity; and natural gas production.
• Payouts: awards earned for 2026 services are payable in cash within 2.5 months after year-end 2026 (in 2027); Compensation Committee may instead satisfy awards with company stock under the 2020 LTIP or other source and retains discretion to increase, reduce or eliminate awards. Change-of-control triggers pro‑rata performance treatment.

Why It Matters This plan formally ties short-term executive compensation to operational and financial performance measures (including free cash flow, capex and production), aligning pay with company performance and shareholders’ interests. Investors should note the plan’s payout timing (cash paid in early 2027), the Committee’s discretion over final awards, and the ability to substitute stock for cash—factors that affect cash flow timing and executive incentive structure. The 2026 STIP is substantially the same as the 2025 STIP, so it maintains continuity in how management is measured and rewarded.