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UNITED STATES Washington, D.C. 20549 | ||
FORM
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CURRENT
REPORT
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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. |
As previously disclosed, Jeffrey D. Bitzer will resign as Chief Development Officer of Coronado Global Resources Inc. (the “Company”), effective February 28, 2026.
On February 26, 2026 (February 27, 2026 in Australia), Mr. Bitzer and the Company entered into a part-time Employment Agreement (the “Agreement”), effective March 1, 2026 (the “Effective Date”), pursuant to which Mr. Bitzer will assist the Board of Directors and certain members of management on various initiatives, programs and transactions for a transition period of six months after the Effective Date. Pursuant to the Agreement, Mr. Bitzer will be eligible to receive $27,000 per month and will be eligible to participate in the same benefits offered to active employees. Mr. Bitzer will retain his incentive units in Coronado Group LLC and outstanding Performance Share Units under the Company’s equity incentive plan, which will remain eligible to vest subject to actual achievement of the applicable performance metrics. He will also remain eligible to receive a short-term incentive payment under the Company’s 2025 short-term incentive program, which will be paid in March 2026. Mr. Bitzer has also agreed to execute a general release agreement provided by the Company. Mr. Bitzer will continue to be bound by customary non-disclosure and confidentiality provisions.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Coronado Global Resources Inc. | ||
| By: | /s/ Philip Peacock | |
| Name: | Philip Peacock | |
| Title: | Chief Legal Officer | |
| Date: | March 2, 2026 | |