FuelCell Energy Inc.
FuelCell Energy, Inc. Approves Long-Term Incentive Grants for Executives
Summary
On November 28, 2025, FuelCell Energy, Inc.'s Compensation and Leadership Development Committee approved specific components and payout calibration for long-term incentive grants for its named executive officers under the 2026 Long Term Incentive Plan. The grants, which consist of total shareholder return performance shares and time-vesting restricted stock units, are subject to certain performance and vesting conditions. The Form of Performance Share Award Agreement and the Form of Restricted Stock Unit Award Agreement are filed as Exhibits 10.1 and 10.2, respectively.
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About FuelCell Energy Inc.
FuelCell Energy Inc. designs, manufactures, operates, and services fuel cell power plants. These power plants utilize a proprietary technology that converts lower carbon fuels like natural gas and biogas into electricity and heat via an electrochemical process, rather than traditional combustion methods. This process results in more efficient energy conversion with minimal emissions, making it an attractive solution for businesses and municipalities aiming to reduce their carbon footprints. FuelCell Energy's power solutions are predominantly used in commercial and industrial buildings, data centers, and utility projects, serving diverse sectors including utilities, manufacturing, and healthcare. The company is headquartered in Danbury, Connecticut, and plays a crucial role in the shift towards cleaner energy sources by offering scalable and distributed power generation products. Through its efforts, FuelCell Energy contributes significantly to the renewable energy landscape by providing continuous, reliable low-carbon power solutions.
Official SEC Documents
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