New ERA Energy & Digital, Inc. 8-K

What Happened
New ERA Energy & Digital, Inc. (NUAI) filed an 8‑K reporting leadership changes approved June 30, 2026 and effective July 1, 2026. The Board appointed Charles Nelson as Chairman of the Board and Chief Executive Officer (he had been President & COO). Ted Warner was appointed President while retaining his role as Chief Financial Officer and was also appointed to the Board. José Rodriguez was promoted from VP, Data Center Engineering and Operations to Chief Operating Officer. E. Will Gray II was named President, Permian and notified the Board that he resigned as a director effective July 1, 2026.

Key Details

• Appointments effective July 1, 2026: Charles Nelson (Chairman & CEO), Ted Warner (President and CFO; added to Board), José Rodriguez (COO), E. Will Gray II (President, Permian; resigned from Board).
• Employment agreement changes: Nelson and Warner had amendments to their existing employment agreements effective July 1, 2026 to reflect new titles; Rodriguez and Gray entered into amended and restated employment agreements effective July 1, 2026.
• Rodriguez compensation highlights: $485,000 annual base salary (subject to adjustment), annual target bonus up to 40% of base (2026 target at least 30%), $75,000 signing bonus (prorated repayment if employment ends within 12 months), relocation reimbursement up to $30,000 (if applicable), severance equal to 100% of base salary on termination without Cause or for Good Reason (plus earned/ pro‑rated bonuses).
• Equity and long‑term incentives: Rodriguez received performance‑vesting restricted stock units tied to management objectives over a five‑year performance period beginning Jan 1, 2026.

Why It Matters
These filings document a near‑term leadership reshuffle at NUAI with the prior President & COO elevated to CEO and Chairman, the CFO taking on an expanded operating title and board seat, and a new COO with detailed compensation and performance incentives. Investors should note the effective date (July 1, 2026), amended employment contracts that may affect cash and benefit obligations (base pay, signing bonus, severance), and the grant of performance‑vesting equity awards that could have future dilutive and performance‑based compensation implications.