{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-001336","form_type":"8-K","ticker":"PLUG","cik":"0001093691","company_name":"PLUG POWER INC","filed_at":"2026-01-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.528815+00:00","generated_at":"2026-05-16T11:29:36.174556+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Plug Power and Walmart enter license agreement; Walmart terminates 42.2M share warrant","bullets":["Walmart terminates 2017 warrant covering 42,192,479 shares (all vested and unvested), eliminating future dilution.","Plug Power grants Walmart contingent license to GenKey System escrow materials upon specified Release Events.","Plug Power to use commercially reasonable efforts to identify alternative stack suppliers within [***] days of Dec 30, 2025.","One-time initial license fee upon escrow deposit plus annual fees; increased fees upon Release Event.","Agreement effective Dec 30, 2025, term of 15 years unless terminated earlier for material uncured breach."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-001336","json":"https://secwatch.observer/filing/0001104659-26-001336.json","markdown":"https://secwatch.observer/filing/0001104659-26-001336.md","text":"https://secwatch.observer/filing/0001104659-26-001336.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1093691/000110465926001336/0001104659-26-001336-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1093691/000110465926001336/tm262057d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T11:29:36.174556+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"e391a6264a54719cd7e379152cd09c0385c14b27","claim":"PLUG POWER INC entered into Release Event License Agreement with Walmart Inc. valued at a one-time initial license fee (effective 2025-12-30).","evidence_excerpt":"On December 30, 2025 (the “Effective Date”), Plug Power Inc. (the “Company”) entered into a Release Event License Agreement (the “License Agreement”) with Walmart Inc. (“Walmart”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1093691/000110465926001336/0001104659-26-001336-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"license"},{"label":"Counterparty","value":"Walmart Inc."},{"label":"Value","value":"a one-time initial license fee"},{"label":"Effective","value":"2025-12-30"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}