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Halliburton’s financial story is written across hundreds of pages that detail frac fleet utilization, drilling technology spend, and litigation reserves. Yet finding the specific note on North American margins or the exact Form 4 entry showing when executives bought shares before an oil rally can be time-consuming. Stock Titan solves that problem by turning Halliburton’s complex disclosures into concise, searchable insights.
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Northpointe Bancshares, Inc. (NYSE: NPB) filed an 8-K on June 26, 2025 disclosing new three-year employment agreements for four key executives. The contracts cover Amy M. Butler (EVP National Sales), David J. Christel (President, Mortgage Purchase Program), Kevin J. Comps (President, Company & Bank) and Brad T. Howes (EVP & CFO). Each agreement automatically renews for successive one-year terms unless 90-days’ written notice of non-renewal is given.
Compensation framework
- Base salaries: Butler $200k; Christel $175k; Comps $400k; Howes $300k (all subject to annual review).
- Performance incentives: Butler—quarterly incentive equal to the greater of $75k or 2 % of residential-lending quarterly net income (if profitable); Christel—monthly incentive of 4 % of MPP net income plus annual bonus of 1 % of MPP net income above $1 m; Comps—annual bonus target 100 % of salary; Howes—annual bonus target 50 % of salary.
Severance protection
- Termination without cause or for good reason: multiple applied to (salary + target/average bonus). Multiples are 1.5× for Christel & Comps and 1.0× for Butler & Howes.
- Change-in-control terminations (within 12 months): multiples rise to 2.0× for Christel & Comps and 1.5× for Butler & Howes.
- Company pays COBRA premiums for 18 months; executives must sign release and observe one-year non-compete/non-solicitation.
The agreements supersede prior contracts for Christel (2017) and Comps (2020). Payments subject to potential parachute-payment excise-tax cut-back to maximize executives’ after-tax benefit.
No immediate financial metrics were provided, but the contracts formalize retention of senior leadership and outline potentially higher variable compensation costs tied to unit profitability. Full agreements will be filed with the Q2 2025 Form 10-Q.