Battalion Oil Corp approved an updated non-employee director compensation program effective July 1, 2026, featuring an annual cash retainer of $225,000 per director and additional retainers for the Chairman and committee chairs. The Board also established a $5.0 million change in control bonus pool and a performance-based Waterfall Merger Incentive Program to reward executive officers and key employees upon a qualifying change in control transaction. Additionally, the Board confirmed the automatic vesting of 35,419 restricted stock units from the 2020 Long-Term Incentive Plan. Battalion Oil Corp is an oil and gas company.
