This is a routine compensation disclosure with no immediate trading implications. Monitor next quarterly earnings for any operational updates, but this filing alone does not signal a change in company performance or outlook.
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Executive Summary
Star Group, L.P. filed an 8-K disclosing a salary increase for CEO Jeffrey M. Woosnam from $531,742 to $750,000 per annum, effective August 1, 2026. The board approved the increase to align compensation with market levels and recognize his leadership. This is a routine compensation adjustment with no material financial impact on the company's operations or stock.
Key Facts
- CEO Jeffrey M. Woosnam's salary increased from $531,742 to $750,000 per annum, effective August 1, 2026.
- The Board of Kestrel Heat, LLC (the general partner) approved the increase in executive session without Mr. Woosnam's participation.
- The increase is intended to align compensation with market competitive levels and reflect Mr. Woosnam's leadership and performance.
Financial Impact
CEO salary increase of $218,258 per annum (from $531,742 to $750,000). No other financial figures disclosed.
Risk Factors
- No material risks identified from this filing.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 8 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (SGU) — Batch item 1 | 0001193125-26-307960 |
| Document: 0001193125-26-307960-index-headers.html | 0001193125-26-307960 |
| Document: 0001193125-26-307960-index.html | 0001193125-26-307960 |
| Document: 0001193125-26-307960.txt | 0001193125-26-307960 |
| 8-K Filing (SGU) — Batch item 5 | 0001193125-26-307960 |
| Document: 0001193125-26-307960-index-headers.html | 0001193125-26-307960 |
| Document: 0001193125-26-307960-index.html | 0001193125-26-307960 |
| Document: 0001193125-26-307960.txt | 0001193125-26-307960 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 15, 2026 11d ago | 8-K | $13.01 | awaiting T+20 | — | $13.00 (−0.08%) |
Oct 15, 2026 11d ago | Press Release | $13.01 | awaiting T+20 | — | $13.00 (−0.08%) |
Jul 31, 2026 12w ago | Press Release | $12.54 $12.68 | ▲ +1.12% | ▼ −1.87% | $13.00 (+3.67%) |
Jul 17, 2026 14w ago | 8-K | $13.00 $12.53 | ▼ −3.62% | ▼ −7.74% | $13.00 (0.00%) |
Jul 16, 2026 14w ago | 8-K | $13.14 $12.52 | ▼ −4.72% | ▼ −8.34% | $13.00 (−1.07%) |
Jul 16, 2026 14w ago | Press Release | $13.14 $12.52 | ▼ −4.72% | ▼ −8.34% | $13.00 (−1.07%) |
May 6, 2026 24w ago | 8-K | $13.45 $12.85 | ▼ −4.46% | ▼ −7.60% | $13.00 (−3.35%) |
May 6, 2026 24w ago | Press Release | $13.45 $12.85 | ▼ −4.46% | ▼ −7.60% | $13.00 (−3.35%) |
May 1, 2026 25w ago | Press Release | $12.47 $12.70 | ▲ +1.84% | ▼ −3.44% | $13.00 (+4.25%) |
Apr 16, 2026 27w ago | 8-K | $12.29 $12.78 | ▲ +4.00% | ▼ −1.81% | $13.00 (+5.79%) |
US Market Status
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