FuelCell EVP Strategic Partnerships Michael Lisowski to leave July 4; severance $400K

FUELCELL ENERGY INC

Michael Lisowski, EVP Strategic Partnerships, terminated without cause effective July 4, 2025.
Severance payment of $400,000.12 (12 months base salary) paid over 12 months.
Accelerated vesting of 17,218 unvested time-vesting RSUs; other equity forfeited.
Pro-rata portion of performance stock units remains eligible; FY2025 MIP award also eligible.
COBRA premium reimbursement for up to 12 months; subject to non-compete and release conditions.

item 5.02item 9.01

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Departed

Michael Lisowski

Executive Vice President, Strategic Partnerships

FCEL · FUELCELL ENERGY INC

Effective: 2025-07-04
Filed: Jun 13, 2025 23:59 UTC

on June 3, 2025, FuelCell Energy, Inc. (the “Company”) made a determination to end its employment relationship with Michael Lisowski, its Executive Vice President, Strategic Partnerships, without cause, effective as of July 4, 2025.

Source: SEC EDGAR

accession 0001558370-25-008622

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