01—Abstract
Summary
Summary of the 8-K/A filed January 13, 2026. Cited figures are marked; the original filing is the authoritative source.
CF Industries Holdings, Inc. filed this amended Current Report on Form 8-K (originally filed January 7, 2026) to disclose compensation arrangements for Gregory D.
Cameron, executive vice president and chief financial officer. On January 5, 2026, the Company and Mr. Cameron mutually agreed that he will separate from the Company effective February 15, 2026. The separation is a termination without cause and is not the result of any disagreement with the Company on its operations, policies, or practices.
Under a Separation and Release Agreement dated January 12, 2026, Mr. Cameron will continue receiving his current base salary through the February 15, 2026 separation date and will receive his 2025 bonus under the Annual Incentive Plan, based on actual 2025 performance, payable when 2025 bonuses are paid to senior executives. Subject to executing and making effective a release of claims within 21 days after the separation date, he will also receive a lump sum equal to his current base salary, a pro rata portion of his 2026 bonus based on actual 2026 performance, and pro rata vesting of his outstanding equity awards, treated as a Special Retirement under the applicable award agreements.
The agreement includes a non-disparagement covenant and non-competition and non-solicitation restrictions running through February 15, 2027. The full agreement is filed as Exhibit 10.1 and incorporated by reference.
02—Key points
Key Highlights
- Gregory D. Cameron, EVP and Chief Financial Officer, will separate from CF Industries effective February 15, 2026, in a termination without cause.
- The separation was mutually agreed on January 5, 2026, and is not the result of any disagreement with the Company on operations, policies, or practices.
- Separation and Release Agreement dated January 12, 2026 governs the terms of the departure.
- Cameron continues to receive base salary through the separation date and receives his 2025 Annual Incentive Plan bonus based on actual 2025 performance.
- Conditioned on a release of claims, Cameron receives a lump sum equal to his base salary, a pro rata 2026 bonus based on actual 2026 performance, and pro rata vesting of equity awards on Special Retirement terms.
- Cameron is bound by non-disparagement and non-compete/non-solicit covenants through February 15, 2027.
03—Questions
Frequently Asked Questions
When does Gregory Cameron's departure take effect?
Mr. Cameron's separation is effective February 15, 2026, the Separation Date defined in the Separation Agreement.
Was Mr. Cameron's departure due to a dispute with the Company?
No. The filing states the separation is a termination without cause and is not the result of any disagreement with the Company on any matter relating to its operations, policies, or practices.
What severance-type payments will Mr. Cameron receive?
Subject to executing and making effective a release of claims within 21 days after the Separation Date, he will receive a lump sum equal to his current base salary, a pro rata portion of his 2026 bonus based on actual 2026 performance, and pro rata vesting of outstanding equity awards on Special Retirement terms. His 2025 bonus, based on actual 2025 performance, is payable regardless, at the same time as senior executives' 2025 bonuses.
Are there restrictions on Mr. Cameron after he leaves?
Yes. He agreed not to disparage or impugn the Company's reputation or goodwill, and not to compete with or solicit its customers, clients, or employees through February 15, 2027.
Where can the full terms be found?
The full Separation and Release Agreement is filed as Exhibit 10.1 to this Form 8-K and incorporated by reference; the summary in the report is qualified in its entirety by that document.
04—Continue