---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-122634"
form_type: "8-K"
ticker: "PLUG"
cik: "0001093691"
company_name: "PLUG POWER INC"
filed_at: "2024-11-25T23:59:59+00:00"
generated_at: "2026-05-29T18:38:09.131769+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Plug Power CFO Paul B. Middleton signs new employment agreement; receives retention grant

## Summary
- CFO Paul B. Middleton new employment agreement; base salary $600,000, term through Nov 19, 2026.
- Retention award: 1,302,084 restricted shares vesting in three equal annual installments.
- Annual equity grant of at least $1,500,000 fair value in restricted stock starting 2025; 2024 bonus guaranteed at $600,000.
- Severance includes 1x base salary and accelerated vesting on termination without cause or for good reason.
- Upon qualifying termination within 12 months of change in control, severance includes 2x average salary and bonus.

## SEC filing metadata
- accession: 0001104659-24-122634
- form_type: 8-K
- ticker: PLUG
- cik: 0001093691
- company_name: PLUG POWER INC
- filed_at: 2024-11-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1093691/000110465924122634/0001104659-24-122634-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1093691/000110465924122634/tm2429529d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-122634
- JSON: https://secwatch.observer/filing/0001104659-24-122634.json
- Plain text: https://secwatch.observer/filing/0001104659-24-122634.txt

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