secwatch.observer — SEC 8-K summary
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Issuer:     FUELCELL ENERGY INC (FCEL)
CIK:        0000886128
Form:       8-K
Filed at:   2025-12-01T23:59:59+00:00
Accession:  0001104659-25-117380
Event type: other
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FuelCell Energy sets FY 2026 LTI awards; CEO target $1.7M, TSR goals 20-50%
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- CEO Jason Few, CFO Michael Bishop, GC Joshua Dolger receive FY 2026 LTI awards: target values $1.7M, $800k, $550k.
- Awards split 50/50 between TSR performance shares and time-vesting RSUs; TSR goals range 20%-50% over three periods.
- Beginning stock price $7.61; performance shares capped at 235% of target with price cap at $190.25 per share.
- Unvested awards forfeited on termination before third anniversary; awards may be cash-settled if insufficient shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/886128/000110465925117380/0001104659-25-117380-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/886128/000110465925117380/fcel-20251128x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-117380

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