8-K - Battalion Oil Corporation | StockGist

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Battalion Oil Corporation announced the resignations of directors David Chang and Ajay Jegadeesan from its Board, effective March 31, 2026, with no disagreements cited, and plans to appoint independent directors.

Key Takeaways

1David Chang resigned from the Board, including as Chairman of the Compensation Committee and Reserves Committee member, effective March 31, 2026.

2Ajay Jegadeesan resigned from the Board, including as member of Reserves and Nominating & Corporate Governance Committees, effective March 31, 2026.

3Both resignations not due to any disagreement with Company operations, policies, or practices.

4Board reduced size to four members and is evaluating independent director candidates to enhance independence.

5Resignation letters furnished as Exhibits 99.1 and 99.2.

Current Report Details

Event Type

Management Change

Exhibits Only

Disclosure

Mandatory

Variant

8-K

Items Reported

5.02

| Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. | |---|---|

Management Change

Company or any of its subsidiaries on any matter relating to their operations, policies, or practices. Effective March 31, 2026, Ajay Jegadeesan tendered his resignation from the Board, including as a member of the Reserves and Nominating & Corporate Governance Committees. In his resignation letter, Mr. Jegadeesan indicated that his decision was not the result of any disagreement with the Company

9.01

| Financial Statements and Exhibits. | |---|---| (d) Exhibits. The following exhibits are furnished as part of this Current Report on Form 8-K: | | | | |---|

Exhibits Only

Source Document

Executive & Director Changes

David Chang

Director, Chairman of the Compensation Committee, member of the Reserves Committee

resignation

Effective: 2026-03-31

not the result of any disagreement with the Company or any of its subsidiaries on any matter relating to their operations, policies, or practices

Ajay Jegadeesan

Director, member of the Reserves Committee and Nominating & Corporate Governance Committees

resignation

Effective: 2026-03-31

not the result of any disagreement with the Company or any of its subsidiaries on any matter relating to their operations, policies, or practices

Exhibits (3)

8-K

99.1

EX-99.1

99.2

EX-99.2