secwatch.observer — SEC 8-K summary
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Issuer:     PLUG POWER INC (PLUG)
CIK:        0001093691
Form:       8-K
Filed at:   2025-03-20T23:59:59+00:00
Accession:  0001104659-25-026168
Event type: other_material
Sentiment:  positive
Materiality: 0.50
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

CEO Andrew Marsh elects 50% of 2025 compensation in Plug Power common stock
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1093691/000110465925026168/0001104659-25-026168-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1093691/000110465925026168/tm259914d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-026168

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer