HF Sinclair Corporation has announced the appointment of Franklin Myers as the Acting Chief Executive Officer and President, effective February 17, 2026. This decision follows the company's previous report on February 18, 2026, regarding leadership changes. The Board of Directors has approved a compensation package for Mr. Myers that includes a monthly cash stipend of $9,000 for qualifying business expenses, a one-time grant of restricted stock units valued at approximately $105,000, and additional monthly grants of restricted stock units starting in April 2026, also valued at around $105,000 each. These grants will be governed by the HF Sinclair Corporation Amended and Restated 2020 Long Term Incentive Plan. Mr. Myers will not receive compensation for his service on the Board during his tenure as Acting CEO, and the Board will review his compensation arrangements quarterly. This leadership change is expected to have a small positive effect on the company's stock price as it aims to stabilize management during a transitional period.

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