Ferrellgas Partners extends CEO Zertuche’s contract

Ferrellgas Partners, L.P. extended the executive employment agreement of President and CEO Tamria Zertuche.

Accepted by SEC EDGAR 07/21/2026 - 09:00 AM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Ferrellgas Partners, L.P. extended the executive employment agreement of President and CEO Tamria Zertuche. A First Amendment dated July 16, 2026 keeps her in the roles of President, Chief Executive Officer, and principal executive officer through July 31, 2029, unless earlier terminated under the agreement’s terms.

Beginning August 1, 2026, Zertuche will receive an annual base salary of $935,000, subject to upward adjustment at the board’s discretion, and remains eligible for incentive and benefit plans and severance protections linked to the nature of any termination. A related July 21, 2026 press release highlights her leadership during a period of operational transformation and reiterates Ferrellgas’ focus on growth, service, and safety across its nationwide propane and Blue Rhino businesses.

8-K Event Classification

3 items: 5.02, 7.01, 9.01

3 items

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

CEO base salary: $935,000 per year CEO employment term end date: July 31, 2029 Blue Rhino locations: about 65,000 locations +1 more

4 metrics

CEO base salary $935,000 per year Annual base salary from August 1, 2026 under the First Amendment

CEO employment term end date July 31, 2029 Extended term of the President and CEO employment agreement

Blue Rhino locations about 65,000 locations Number of Blue Rhino propane exchange locations nationwide

Employee-owned Class A Units 1.1 million Class A Units Indirectly owned by employees through an employee stock ownership plan

Key Terms

Executive Employment Agreement, Regulation FD Disclosure, employee stock ownership plan, principal executive officer

4 terms

Executive Employment Agreement regulatory

"entered into a First Amendment to Executive Employment Agreement"

Regulation FD Disclosure regulatory

"Item 7.01Regulation FD Disclosure."

Regulation FD disclosure requires public companies to share important, market-moving information with everyone at the same time instead of tipping off analysts or large investors first. Think of it as making sure all players on a field hear the same announcement simultaneously; that fairness helps investors trust that stock prices reflect the same information and reduces the risk of sudden, unfair trading advantages or regulatory penalties for selective leaks.

employee stock ownership plan financial

"indirectly own 1.1 million Class A Units of the partnership, through an employee stock ownership plan"

An employee stock ownership plan (ESOP) is a company-run program that gives workers ownership stakes by allocating or letting them buy company shares, often through a retirement-style account. For investors, ESOPs matter because they align employees’ incentives with company performance—like turning staff into shareholders—which can boost productivity and long-term value but may also concentrate employee retirement savings in company stock, affecting financial risk and share demand.

principal executive officer regulatory

"President and Chief Executive Officer and principal executive officer for purposes of the Exchange Act"

The principal executive officer is the highest-ranking manager who leads a company’s overall strategy, operations and public communication—often acting like the captain of a ship who sets direction and makes final calls. Investors watch this person because their decisions, credibility and ability to deliver results shape company performance, risk and market confidence, and changes in that role can directly affect stock value and corporate accountability.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What change did Ferrellgas Partners (FGPR) make to CEO Tamria Zertuche’s employment term?

Ferrellgas extended CEO Tamria Zertuche’s employment agreement through July 31, 2029. The First Amendment dated July 16, 2026 keeps her as President, Chief Executive Officer, and principal executive officer, subject to earlier termination under the agreement’s provisions.

What is Tamria Zertuche’s new base salary at Ferrellgas Partners (FGPR)?

Starting August 1, 2026, Tamria Zertuche will receive an annual base salary of $935,000. The board of directors may increase this base salary from time to time at its sole discretion, in addition to other incentive and benefit plan participation.

What positions does Tamria Zertuche hold at Ferrellgas Partners (FGPR)?

Tamria Zertuche serves as President, Chief Executive Officer, and principal executive officer for Exchange Act purposes. Her extended agreement confirms her continued leadership in these roles as Ferrellgas pursues its long-term strategic vision.

What severance and benefit provisions apply to CEO Tamria Zertuche at FGPR?

Under the amended agreement, Zertuche remains eligible for the general partner’s incentive and benefits plans and will receive certain severance benefits if her employment ends, with the amount and terms dependent on the nature of the termination.

Where does Ferrellgas Partners (FGPR) operate and how extensive is Blue Rhino’s footprint?

Ferrellgas serves propane customers in all 50 states, the District of Columbia, and Puerto Rico. Its Blue Rhino propane exchange brand is available at about 65,000 locations nationwide, reflecting a broad retail presence.

How much equity do employees hold in Ferrellgas Partners (FGPR)?

Ferrellgas employees indirectly own 1.1 million Class A Units of the partnership through an employee stock ownership plan. This structure gives employees a meaningful indirect ownership interest in the business.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): July 16, 2026

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Ferrellgas Partners, L.P.

(Exact name of registrant as specified in its charter)

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​	​	​	​	​
Delaware	​ ​ ​	001-11331	​ ​ ​	43-1698480
(State or other jurisdiction	​	(Commission	​	(I.R.S. Employer
of incorporation)	​	File Number)	​	Identification No.)

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​	​	​
One Liberty Plaza,	​	​
Liberty, Missouri	​ ​ ​	64068
(Address of principal executive offices)		(Zip Code)

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Registrant’s telephone number, including area code: 816-792-1600

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n/a

Former name or former address, if changed since last report

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Ferrellgas Partners Finance Corp.

(Exact name of registrant as specified in its charter)

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​	​	​	​	​
Delaware	​ ​ ​	333-06693-02	​ ​ ​	43-1742520
(State or other jurisdiction	​	(Commission	​	(I.R.S. Employer
of incorporation)	​	File Number)	​	Identification No.)

​

​	​	​
One Liberty Plaza	​	​
Liberty, Missouri	​ ​ ​	64068
(Address of principal executive offices)		(Zip Code)

​

Registrant’s telephone number, including area code: 816-792-1600

​

n/a

Former name or former address, if changed since last report

​

​

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Ferrellgas, L.P.

(Exact name of registrant as specified in its charter)

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​	​	​	​	​
Delaware	​ ​ ​	000-50182	​ ​ ​	43-1698481
(State or other jurisdiction	​	(Commission	​	(I.R.S. Employer
of incorporation)	​	File Number)	​	Identification No.)

​

​	​	​
One Liberty Plaza	​	​
Liberty, Missouri	​ ​ ​	64068
(Address of principal executive offices)		(Zip Code)

​

Registrant’s telephone number, including area code: 816-792-1600

​

n/a

Former name or former address, if changed since last report

​

​

​

Ferrellgas Finance Corp.

(Exact name of registrant as specified in its charter)

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​	​	​	​	​
Delaware	​ ​ ​	000-50183	​ ​ ​	14-1866671
(State or other jurisdiction	​	(Commission	​	(I.R.S. Employer
of incorporation)	​	File Number)	​	Identification No.)

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​	​	​
One Liberty Plaza,	​	​
Liberty, Missouri	​ ​ ​	64068
(Address of principal executive offices)		(Zip Code)

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Registrant’s telephone number, including area code: 816-792-1600

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n/a

Former name or former address, if changed since last report

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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Ferrellgas Partners, L.P.

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Ferrellgas Partners Finance Corp.

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Ferrellgas, L.P.

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Ferrellgas Finance Corp.

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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Securities registered pursuant to Section 12(b) of the Act:

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Title of each class	​ ​ ​	Trading Symbol(s)	​ ​ ​	Name of each exchange on which registered
N/A	​	N/A	​	N/A

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On July 16, 2026, Ferrellgas, Inc. (the “Company”), the general partner of Ferrellgas Partners, L.P. and Ferrellgas, L.P., and Tamria Zertuche, the President and Chief Executive Officer of the Company, entered into a First Amendment to Executive Employment Agreement (the “First Amendment”), effective as of July 16, 2026, which extends the term of Ms. Zertuche’s employment as President and Chief Executive Officer and principal executive officer for purposes of the Exchange Act, through July 31, 2029, unless earlier terminated by the Company or Ms. Zertuche in accordance with the terms of the Executive Employment Agreement, as amended.

Pursuant to the First Amendment, from and after August 1, 2026, as compensation for Ms. Zertuche’s services, she will be paid an annual base salary of $935,000. The Company’s Board of Directors may adjust Ms. Zertuche’s base salary upward from time to time in its sole discretion. Ms. Zertuche is also eligible to participate in any of the general partner’s incentive and benefits plans as such plans are implemented and will receive certain severance benefits in the event of termination based on the nature of such termination.

Biographical and other information regarding Ms. Zertuche is disclosed in Part III of the Company’s Annual Report on Form 10-K for the fiscal year ended July 31, 2025, filed with the Securities and Exchange Commission on October 15, 2025.

Item 7.01Regulation FD Disclosure.

On July 21, 2026, Ferrellgas Partners, L.P. issued a press release announcing the extension of the term of Ms. Zertuche’s employment as described in Item 5.02 of this Form 8-K. The full text of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference in this Item 7.01.

The information contained in this Item 7.01 and in the accompanying Exhibit 99.1 are deemed to be “furnished” and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Exchange Act or the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

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Item 9.01Financial Statements and Exhibits

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(d) Exhibits.

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Exhibit No.	​ ​ ​	Description
99.1	​	Press release dated July 21, 2026.
104	​	Cover Page Interactive Data File (embedded within the Inline XBRL document).

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, each registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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​	FERRELLGAS PARTNERS, L.P.
​	By:	Ferrellgas, Inc., its general partner
​	​	​
Date: July 21, 2026	By:	/s/ Nicholas Heimer
​	​	Vice President and Corporate Controller
​	​	(Principal Financial and Accounting Officer)
​	​	​
​	FERRELLGAS PARTNERS FINANCE CORP.
​	​	​
Date: July 21, 2026	By:	/s/ Nicholas Heimer
​	​	Vice President and Corporate Controller
​	​	(Principal Financial and Accounting Officer)
​	​	​
​	FERRELLGAS, L.P.
​	By:	Ferrellgas, Inc., its general partner
​	​	​
Date: July 21, 2026	By:	/s/ Nicholas Heimer
​	​	Vice President and Corporate Controller
​	​	(Principal Financial and Accounting Officer)
​	​	​
​	FERRELLGAS FINANCE CORP.
​	​	​
Date: July 21, 2026	By:	/s/ Nicholas Heimer
​	​	Vice President and Corporate Controller
​	​	(Principal Financial and Accounting Officer)

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Exhibit 99.1

FERRELLGAS ANNOUNCES EXTENSION OF CEO TAMRIA ZERTUCHE’S

EMPLOYMENT AGREEMENT

Leadership Continuity Reinforces Company’s Commitment to Growth and Innovation

LIBERTY, MO., July 21, 2026 - Ferrellgas, the nation’s second largest propane distributor, today announced that President and Chief Executive Officer Tamria Zertuche has agreed to extend her executive employment agreement with the Company, ensuring continued executive leadership as Ferrellgas executes on its long-term strategic vision.

“Tamria has been an exceptional leader for Ferrellgas, and her continued partnership is a reflection of the confidence our organization has in the direction we are headed,” said Jim Ferrell, Chairman of the Board. “Her proven ability to lead with integrity, drive operational excellence, and inspire our team makes her the right person to lead Ferrellgas into its next chapter.”

Since assuming the role of CEO, Zertuche has guided Ferrellgas through a period of significant transformation, strengthening the company’s operational foundation, expanding its customer base, and fostering a culture of accountability and service. Under her leadership, Ferrellgas has remained focused on delivering reliable, safe, and affordable propane solutions to residential, commercial, and agricultural customers across the country.

“I am honored to continue serving the Ferrellgas team and customers who depend on us every day,” said Zertuche. “We have built tremendous momentum, and I am excited about what lies ahead. Together, we will keep investing in our people, our infrastructure, and the communities we serve.”

About Ferrellgas

Ferrellgas Partners, L.P., through its operating partnership, Ferrellgas, L.P., and subsidiaries, serves propane customers in all 50 states, the District of Columbia, and Puerto Rico. Its Blue Rhino propane exchange brand is sold at about 65,000 locations nationwide. Ferrellgas employees indirectly own 1.1 million Class A Units of the partnership, through an employee stock ownership plan. Ferrellgas Partners, L.P. filed an Annual Report on Form 10-K for the fiscal year ended July 31, 2025, with the Securities and Exchange Commission on October 15, 2025. Investors can request a hard copy of this filing free of charge and obtain more information about the partnership online at www.ferrellgas.com. For more information, follow Ferrellgas on Facebook, X, LinkedIn, and Instagram.

Contact: Communications@Ferrellgas.com

Filing Exhibits & Attachments

5 documents

Press Releases

• EX-99.1 EX-99.1 4.9 KB

Other Documents

• EX-101 EX-101.SCH 3.9 KB
• EX-101 EX-101.DEF 13.2 KB
• EX-101 EX-101.LAB 19.4 KB
• EX-101 EX-101.PRE 12.9 KB