---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-126455"
form_type: "8-K"
ticker: "FCEL"
cik: "0000886128"
company_name: "FUELCELL ENERGY INC"
filed_at: "2023-12-15T23:59:59+00:00"
generated_at: "2026-06-07T12:24:27.453153+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-23-126455
- form_type: 8-K
- ticker: FCEL
- cik: 0000886128
- company_name: FUELCELL ENERGY INC
- filed_at: 2023-12-15T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/886128/000110465923126455/0001104659-23-126455-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/886128/000110465923126455/tm2332894d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-126455
- JSON: https://secwatch.observer/filing/0001104659-23-126455.json
- Plain text: https://secwatch.observer/filing/0001104659-23-126455.txt

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