FuelCell Energy approves FY2024 LTI awards for CEO Few ($2.57M) and other top executives

FUELCELL ENERGY INC

CEO Jason Few target LTI award $2,574,000; CFO Bishop $1,000,000; three EVPs $550,000 each.
Awards are 50% relative TSR performance shares (contingent on shareholder approval) and 50% time-vesting RSUs.
Performance period Nov 1, 2023 to Oct 31, 2026; TSR vs Russell 2000 with max payout 200% of target.
RSUs vest 1/3 annually; performance shares require continued service through third anniversary of grant date.
Performance share grant cancelled if shareholders do not authorize additional shares at 2024 annual meeting.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.