---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-046670"
form_type: "8-K"
ticker: "PLUG"
cik: "0001093691"
company_name: "PLUG POWER INC"
filed_at: "2022-04-18T23:59:59+00:00"
generated_at: "2026-06-26T06:47:30.256633+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Plug Power adds Jean Bua and Kavita Mahtani to board, expands to 12 directors

## Summary
- Board size increased from 10 to 12; Bua (Class II) and Mahtani (Class I) fill new vacancies.
- Bua appointed audit committee chair; she is EVP/CFO of NetScout Systems (NTCT).
- Mahtani is CFO Americas for HSBC; both are independent under Nasdaq rules.
- Each received options to buy 8,731 shares at grant-date closing price, vesting in one year.
- Annual retainer $60,000 plus $20,000 (chair) for Bua and $15,000 for Mahtani on audit committee.

## SEC filing metadata
- accession: 0001104659-22-046670
- form_type: 8-K
- ticker: PLUG
- cik: 0001093691
- company_name: PLUG POWER INC
- filed_at: 2022-04-18T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1093691/000110465922046670/0001104659-22-046670-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1093691/000110465922046670/tm2212865d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-046670
- JSON: https://secwatch.observer/filing/0001104659-22-046670.json
- Plain text: https://secwatch.observer/filing/0001104659-22-046670.txt

## Key facts
- Executive change
  Kavita Mahtani was appointed as Director at PLUG POWER INC.
  - Action: appointed
  - Role: Director
  source text: The Board of Directors (the “Board”) of Plug Power Inc. (the “Company”) approved, effective as of April 14, 2022, an increase in the size of the Board from ten directors to twelve directors and appointed Jean Bua and Kavita Mahtani as directors of the Company to fill the newly created vacancies.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1093691/000110465922046670/0001104659-22-046670-index.htm
- Executive change
  Jean Bua was appointed as Director at PLUG POWER INC.
  - Action: appointed
  - Role: Director
  source text: The Board of Directors (the “Board”) of Plug Power Inc. (the “Company”) approved, effective as of April 14, 2022, an increase in the size of the Board from ten directors to twelve directors and appointed Jean Bua and Kavita Mahtani as directors of the Company to fill the newly created vacancies.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1093691/000110465922046670/0001104659-22-046670-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.