secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN SUPERCONDUCTOR CORP /DE/ (AMSC)
CIK:        0000880807
Form:       8-K
Filed at:   2023-06-21T23:59:59+00:00
Accession:  0001193125-23-171201
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AMSC approves fiscal 2023 executive incentive plan with targets up to 200% of base salary
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- Plan approved June 15, 2023 for FY ending Mar 31, 2024; metrics: cash flow (50%), revenue (25%), expenses (25%).
- CEO Daniel McGahn target incentive: 100% of base salary ($600,000); CFO John Kosiba: 70% of base ($266,000).
- Payout can range from 0% to 200% of target; Board sets CEO payout, Committee sets others.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/880807/000119312523171201/0001193125-23-171201-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/880807/000119312523171201/d497807d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-171201

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