other material
confidence high
sentiment positive
materiality 0.50
CEO Andrew Marsh elects 50% of 2025 compensation in Plug Power common stock
PLUG POWER INC
- Andrew Marsh made an irrevocable election to receive 50% of his 2025 base salary and annual cash bonus in shares.
- Shares priced using trailing 30-day average closing price; issued monthly for salary, after bonus payout.
- Program allows eligible executives to elect 25%, 50%, or 75% of 2025 compensation in stock; other executives not named.
- Shares are fully vested upon issuance; program designed to comply with Rules 10b5-1 and 16b-3.