secwatch.observer — SEC 8-K summary
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Issuer:     FUELCELL ENERGY INC (FCEL)
CIK:        0000886128
Form:       8-K
Filed at:   2026-10-07T12:11:24+00:00
Accession:  0001104659-26-114207
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

FuelCell Energy CFO Michael Bishop to step down; Matthew Latino appointed CFO effective Oct 7
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- Michael S. Bishop ceased as EVP/CFO/Treasurer on Oct 6, 2026; will serve as Senior Advisor to the CEO from Oct 7, 2026 through April 6, 2027.
- Bishop gets annualized base salary of $461,591 during transition, $461,591 severance over 12 months, and accelerated vesting of 68,518 unvested time-vesting RSUs.
- Matthew Latino named EVP/CFO/Treasurer effective Oct 7, 2026; package includes $460,000 salary, 70% bonus target, $1,000,000 FY2027 LTIP target, $120,000 sign-on, $400,000 RSU grant.
- Latino was previously SVP Finance & Segment CFO at Xylem Inc. (NYSE: XYL) and Audit Senior at Deloitte & Touche LLP; no related-party arrangements disclosed.
- Bishop's separation benefits include pro rata PSU eligibility and COBRA premiums up to 12 months; other unearned PSUs and unvested equity awards are forfeited.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/886128/000110465926114207/0001104659-26-114207-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/886128/000110465926114207/tm2627140d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-114207

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