---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-085395"
form_type: "8-K"
ticker: "PLUG"
cik: "0001093691"
company_name: "PLUG POWER INC"
filed_at: "2024-08-02T23:59:59+00:00"
generated_at: "2026-05-31T13:22:09.111119+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Plug Power appoints Dean Fullerton as COO with $550k salary, $275k bonus, 1M options

## Summary
- Dean Fullerton appointed as COO effective July 29, 2024; previously VP Global Engineering at Amazon.
- Annual base salary of $550,000; sign-on bonus of $275,000 with repayment terms if leaving within 2 years.
- Inducement grant of 1,000,000 stock options at $2.47 exercise price; 500,000 shares vest only if stock reaches $7.50 by April 30, 2025.
- 2024 annual bonus guaranteed at 100% of base salary ($550,000).
- Eligibility for relocation assistance and standard employee benefits.

## SEC filing metadata
- accession: 0001104659-24-085395
- form_type: 8-K
- ticker: PLUG
- cik: 0001093691
- company_name: PLUG POWER INC
- filed_at: 2024-08-02T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1093691/000110465924085395/0001104659-24-085395-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1093691/000110465924085395/tm2420713d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-085395
- JSON: https://secwatch.observer/filing/0001104659-24-085395.json
- Plain text: https://secwatch.observer/filing/0001104659-24-085395.txt

## Key facts
- Executive change
  Dean C. Fullerton was appointed as Chief Operating Officer at PLUG POWER INC.
  - Action: appointed
  - Role: Chief Operating Officer
  source text: On July 29, 2024, Dean C. Fullerton was appointed as the Chief Operating Officer of Plug Power Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1093691/000110465924085395/0001104659-24-085395-index.htm

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