---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-013570"
form_type: "8-K"
ticker: "FTEK"
cik: "0000846913"
company_name: "FUEL TECH, INC."
filed_at: "2023-05-10T23:59:59+00:00"
generated_at: "2026-06-15T07:34:42.691157+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Fuel Tech sets performance RSU targets for 2023-2024; approves change-of-control severance for officers

## Summary
- CEO Vincent Arnone eligible for up to 166,800 RSUs per year (2023/2024) based on four metrics.
- Total revenue targets: $34.7M in 2023, $36.44M in 2024 for 100% of revenue RSUs.
- New business revenue targets: $1.0M in 2023, $3.0M in 2024 for 100% of new business RSUs.
- Operating income targets: $1.0M in 2023, $2.0M in 2024 for 100% of operating income RSUs.
- Severance provides 12 months' base salary plus 6 months COBRA after change of control if terminated without cause.

## SEC filing metadata
- accession: 0001437749-23-013570
- form_type: 8-K
- ticker: FTEK
- cik: 0000846913
- company_name: FUEL TECH, INC.
- filed_at: 2023-05-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/846913/000143774923013570/0001437749-23-013570-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/846913/000143774923013570/ftek20230504c_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-013570
- JSON: https://secwatch.observer/filing/0001437749-23-013570.json
- Plain text: https://secwatch.observer/filing/0001437749-23-013570.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.