---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-000037"
form_type: "8-K"
ticker: "FCEL"
cik: "0000886128"
company_name: "FUELCELL ENERGY INC"
filed_at: "2025-01-06T23:59:59+00:00"
generated_at: "2026-05-28T11:53:37.063984+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# FuelCell Energy appoints Shankar Achanta EVP CPTO; FY2025 LTI awards to NEOs total ~$2.3M

## Summary
- Shankar Achanta promoted to EVP Chief Product & Technology Officer, effective Jan 1, 2025; base salary $400k, target bonus 60%.
- FY2025 LTI grants: 50% relative TSR performance shares (vs Russell 2000) and 50% time-vesting RSUs.
- CEO Jason Few target LTI award $1,158,300; CFO Bishop $450k; GC Dolger $247.5k; EVPs Lisowski & Feasel $220k each.
- TSR performance shares capped at 200% of target; if absolute TSR negative, cap at 100%.
- Achanta employment agreement: six-month severance salary standard; change-in-control severance: 1-year salary + avg bonus.

## SEC filing metadata
- accession: 0001558370-25-000037
- form_type: 8-K
- ticker: FCEL
- cik: 0000886128
- company_name: FUELCELL ENERGY INC
- filed_at: 2025-01-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/886128/000155837025000037/0001558370-25-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/886128/000155837025000037/fcel-20241230x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-000037
- JSON: https://secwatch.observer/filing/0001558370-25-000037.json
- Plain text: https://secwatch.observer/filing/0001558370-25-000037.txt

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