secwatch.observer — SEC 8-K summary
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Issuer:     PLUG POWER INC (PLUG)
CIK:        0001093691
Form:       8-K
Filed at:   2022-04-18T23:59:59+00:00
Accession:  0001104659-22-046670
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1093691/000110465922046670/0001104659-22-046670-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1093691/000110465922046670/tm2212865d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-046670

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