Short answer
NET Power Inc. (NPWR) filed an 8-K current report with the SEC on April 13, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers). Ned Leland Shuman appointed CFO effective April 13, 2026, replacing interim CFO Daniel J. Rice IV.
NET Power Inc. 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- Ned Leland Shuman appointed CFO effective April 13, 2026, replacing interim CFO Daniel J. Rice IV
- Rice remains CEO and principal financial officer until filing the March 31, 2026 Form 10-Q
- Shuman brings 25+ years of power-sector finance experience, including $1.6B senior financings and $425M mezzanine capital
- Compensation includes $420,000 salary, 60% STIP target, 180% LTIP target, and $800,000 RSU grant
- Appointment strengthens permanent finance leadership but increases executive compensation obligations
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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