secwatch.observer — SEC 8-K summary
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Issuer:     FUEL TECH, INC. (FTEK)
CIK:        0000846913
Form:       8-K
Filed at:   2023-12-08T23:59:59+00:00
Accession:  0001437749-23-033997
Event type: other
Sentiment:  neutral
Materiality: 0.10
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fuel Tech adopts 2024 sales commission plans for SVP and National Sales Manager
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- Compensation Committee approved 2024 APC Plan for Senior VP Sales and National Sales Manager, effective Jan 1-Dec 31, 2024.
- 2024 FUEL CHEM Plan provides commission to Senior VP Sales based on a specified % of net revenue from U.S. and Canada customer units.
- Commissions paid quarterly within 45 days after quarter-end; spec percentage rates remain confidential.
- Plans cover APC product lines (ASCR, SCR, SNCR, catalyst, etc.) and FUEL CHEM chemical program sales.
- Both plans are at-will, subject to modification or termination at any time by Fuel Tech.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/846913/000143774923033997/0001437749-23-033997-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/846913/000143774923033997/ftek20231207_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-033997

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