---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-010374"
form_type: "8-K"
ticker: "FCEL"
cik: "0000886128"
company_name: "FUELCELL ENERGY INC"
filed_at: "2023-05-23T23:59:59+00:00"
generated_at: "2026-06-14T17:43:37.084151+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# FuelCell Energy stockholders approve equity plan amendments but reject increase in authorized shares

## Summary
- ESPP amended to increase shares reserved to 541,667 (up 500,000) for employee purchases at 85% of market price.
- Omnibus Incentive Plan amended to increase shares to 18,333,333 (up 6,000,000) for equity awards.
- Proposal to double authorized common shares to 1B failed; 188.2M votes for, needed >202.9M (50% of outstanding).
- Advisory say-on-pay approved; stockholders selected 1-year frequency for future votes on executive compensation.
- All seven director nominees re-elected; KPMG ratified as independent auditor for FY2023.

## SEC filing metadata
- accession: 0001558370-23-010374
- form_type: 8-K
- ticker: FCEL
- cik: 0000886128
- company_name: FUELCELL ENERGY INC
- filed_at: 2023-05-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/886128/000155837023010374/0001558370-23-010374-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/886128/000155837023010374/fcel-20230522x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-010374
- JSON: https://secwatch.observer/filing/0001558370-23-010374.json
- Plain text: https://secwatch.observer/filing/0001558370-23-010374.txt

## Key facts
- Shareholder Votes
  FUELCELL ENERGY INC shareholders approved Approval of the amendment and restatement of the FuelCell Energy, Inc. 2018 Employee Stock Purchase Plan at the 2023-05-22 meeting.
  - Proposal: equity plan
  - Outcome: passed
  - Meeting: 2023-05-22
  source text: VOTES FOR: 149,076,515 VOTES AGAINST: 12,333,113 ABSTENTIONS: 2,773,972 BROKER NON-VOTES: 66,772,260
  evidence_url: https://www.sec.gov/Archives/edgar/data/886128/000155837023010374/0001558370-23-010374-index.htm
- Shareholder Votes
  FUELCELL ENERGY INC shareholders approved Approval of the amendment and restatement of the FuelCell Energy, Inc. Second Amended and Restated 2018 Omnibus Incentive Plan at the 2023-05-22 meeting.
  - Proposal: equity plan
  - Outcome: passed
  - Meeting: 2023-05-22
  source text: VOTES FOR: 137,744,220 VOTES AGAINST: 23,219,227 ABSTENTIONS: 3,220,153 BROKER NON-VOTES: 66,772,260
  evidence_url: https://www.sec.gov/Archives/edgar/data/886128/000155837023010374/0001558370-23-010374-index.htm
- Shareholder Votes
  FUELCELL ENERGY INC shareholders approved Election of seven directors to serve until the 2024 Annual Meeting of Stockholders and until their successors are duly elected and qualified at the 2023-05-22 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-05-22
  source text: NAME OF DIRECTOR VOTES FOR VOTES AGAINST ABSTENTIONS BROKER NON-VOTES James H. England ​ ​ 141,270,938 ​ ​ 19,971,175 ​ ​ 2,941,487 ​ ​ 66,772,260 Jason Few ​ ​ 149,580,138 ​ ​ 11,001,867 ​ ​ 3,601,595 ​ ​ 66,772,260 Matthew F. Hilzinger ​ ​ 148,748,083 ​ ​ 11,797,063 ​ ​ 3,638,454 ​ ​ 66,772,260 Natica von Althann ​ ​ 145,180,162 ​ ​ 15,398,968 ​ ​ 3,604,470 ​ ​ 66,772,260 Cynthia Hansen ​ ​ 150,572,600 ​ ​ 10,047,748 ​ ​ 3,563,252 ​ ​ 66,772,260 Donna Sims Wilson ​ ​ 141,770,225 ​ ​ 18,856,339 ​ ​ 3,557,036 ​ ​ 66,772,260 Betsy Bingham ​ ​ 148,686,818 ​ ​ 11,890,157 ​ ​ 3,606,625 ​ ​ 66,772,260
  evidence_url: https://www.sec.gov/Archives/edgar/data/886128/000155837023010374/0001558370-23-010374-index.htm
- Shareholder Votes
  FUELCELL ENERGY INC shareholders approved Ratification of the selection of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending October 31, 2023 at the 2023-05-22 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-05-22
  source text: VOTES FOR: 209,288,213 VOTES AGAINST: 18,178,020 ABSTENTIONS: 3,489,627 BROKER NON-VOTES: 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/886128/000155837023010374/0001558370-23-010374-index.htm

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