Companies Fuelcell Energy
Fuelcell Energy (FCEL): executive pay, fiscal 2025
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CEO vs. named peers53rd pct.Of 17 peer CEOs
CEO pay, last three years
- $4,811,321FY2023
- $4,165,643FY2024
- $2,752,725FY2025
CEO total pay was $2,752,725 in fiscal 2025, down from $4,165,643 in fiscal 2024.
FY2025: salary $582,036 · bonus $0 · stock awards $1,420,380 · option awards $0
Executives and directors
Jason Few · CEOJoshua Dolger · General CounselMark Feasel · CCOMichael Bishop · CFOMichael Lisowski · ExecutiveShankar Achanta · ExecutiveBetsy Bingham · Independent DirectorCynthia Hansen · Independent DirectorDonna Sims Wilson · Independent DirectorJames H. England · Chair of the BoardMatthew F. Hilzinger · Independent DirectorNatica von Althann · Independent DirectorTyrone Michael Jordan · Independent Director
Frequently asked questions
Who was the highest-paid executive at Fuelcell Energy in fiscal 2025?
As disclosed, Jason Few (President and Chief Executive Officer) was the highest-paid executive at Fuelcell Energy in fiscal 2025, with total compensation of $2,752,725.
How does Fuelcell Energy's chief executive pay compare to its disclosed peer group?
As disclosed, Jason Few's total compensation ranked at the 53rd percentile of Fuelcell Energy's disclosed peer group.
What is Fuelcell Energy's CEO-to-median employee pay ratio?
As disclosed, Fuelcell Energy's CEO-to-median employee pay ratio was 31:1.
How did shareholders vote on Fuelcell Energy's executive compensation?
As disclosed, 76.85% of shareholders supported Fuelcell Energy's executive compensation in the latest say-on-pay vote.
How much does Fuelcell Energy spend in total on board compensation for fiscal 2025?
As disclosed, Fuelcell Energy reported total board compensation of $1,362,500 for fiscal 2025.
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Jason Few | $582,036 | $0 | $1,420,380 | $0 | $686,376 | $0 | $63,933 | $2,752,725 |
| President and Chief Executive Officer | ||||||||
| Michael Bishop | 445,982 | 0 | 551,826 | 0 | 325,566 | 0 | 15,825 | 1,339,199 |
| Executive Vice President, Chief Financial Officer and Treasurer | ||||||||
| Michael Lisowski | 431,843 | 0 | 446,177 | 0 | 280,000 | 0 | 132,961 | 1,290,981 |
| Former Executive Vice President, Strategic Partnerships | ||||||||
| Mark Feasel | 399,603 | 0 | 306,643 | 0 | 135,517 | 0 | 183,255 | 1,025,018 |
| Former Executive Vice President and Chief Commercial Officer | ||||||||
| Shankar Achanta | 400,000 | 0 | 303,500 | 0 | 251,400 | 0 | 15,459 | 970,359 |
| Executive Vice President, Chief Product and Technology Officer | ||||||||
| Joshua Dolger | 385,018 | 0 | 303,500 | 0 | 242,562 | 0 | 15,605 | 946,685 |
| Former Executive Vice President, General Counsel and Corporate Secretary | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Jason Few | $2,752,725 | $4,165,643 | $4,811,321 | ↓ −1,412,918 |
| Michael Bishop | 1,339,199 | 1,882,599 | 1,534,743 | ↓ −543,400 |
| Michael Lisowski | 1,290,981 | 1,227,617 | 1,499,164 | ↑ +63,364 |
| Mark Feasel | 1,025,018 | 1,264,193 | 1,446,041 | ↓ −239,175 |
| Shankar Achanta | 970,359 | — | — | — |
| Joshua Dolger | 946,685 | 1,227,831 | 1,207,597 | ↓ −281,146 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
Our compensation philosophy is designed around certain key objectives: Attract, Develop and Retain Top Executive Talent; Pay for Performance; Significant Portion of Pay is in the Form of Variable Compensation. Our executive compensation program: Must be competitive with compensation paid by companies in the same or similar markets for executive talent; Rewards performance by linking compensation to Company performance and achievement of corporate performance goals; Aligns realized compensation with long-term stockholder returns by delivering a significant portion of NEO compensation in the form of equity compensation, the value of which is directly linked to our stock price; Aligns NEO and stockholder interests by requiring NEOs to own and hold our stock for a specified period of time.
| CEO STI target (% of salary) | 115% |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Meridian Compensation Partners, LLC |
| Clawback policy | True |
| Anti-hedging | True |
| Anti-pledging | True |
Equity grants and outstanding awards
Grants of plan-based awards — fiscal year 2025
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Michael Lisowski | PSU | — | — | — | — | — | $446,177 |
| Shankar Achanta | PSU | 2024-12-30 | 6,250 | 12,500 | — | 25,000 | 179,750 |
| Shankar Achanta | RSU | 2024-12-30 | — | — | 12,500 | — | 123,750 |
| Michael Bishop | RSU | 2024-12-30 | — | — | 22,727 | — | 224,997 |
| Michael Bishop | PSU | 2024-12-30 | 11,364 | 22,728 | — | 45,456 | 326,829 |
| Joshua Dolger | RSU | 2024-12-30 | — | — | 12,500 | — | 123,750 |
| Jason Few | PSU | 2024-12-30 | 29,250 | 58,500 | — | 117,000 | 841,230 |
| Jason Few | RSU | 2024-12-30 | — | — | 58,500 | — | 579,150 |
| Michael Lisowski | PSU | 2024-12-30 | 5,556 | 11,111 | — | 22,222 | 159,776 |
| Michael Lisowski | RSU | 2024-12-30 | — | — | 11,111 | — | 109,999 |
| Michael Lisowski | RSU | 2024-12-30 | — | — | — | — | 176,402 |
| Joshua Dolger | PSU | 2024-12-30 | 6,250 | 12,500 | — | 25,000 | 179,750 |
| Mark Feasel | PSU | — | — | — | — | — | 306,643 |
Vehicle mix — grant-date fair value by award type
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Michael Lisowski | $286,401 | $605,953 | $0 | 67.9% |
| Shankar Achanta | 123,750 | 179,750 | 0 | 59.2% |
| Michael Bishop | 224,997 | 326,829 | 0 | 59.2% |
| Joshua Dolger | 123,750 | 179,750 | 0 | 59.2% |
| Jason Few | 579,150 | 841,230 | 0 | 59.2% |
| Mark Feasel | 0 | 306,643 | 0 | 100.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
Outstanding equity awards at fiscal year-end 2025
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Joshua Dolger | RSU | 813 | — | $7,276 |
| Michael Bishop | RSU | 1,057 | — | 9,460 |
| Michael Lisowski | RSU | 1,057 | — | 9,460 |
| Michael Lisowski | PSU | 1,852 | — | 16,574 |
| Joshua Dolger | RSU | 2,441 | — | 21,847 |
| Michael Lisowski | RSU | 2,644 | — | 23,665 |
| Michael Bishop | RSU | 3,173 | — | 28,398 |
| Michael Lisowski | PSU | 3,788 | — | 33,898 |
| Shankar Achanta | RSU | 4,040 | — | 21,827 |
| Jason Few | RSU | 4,654 | — | 41,653 |
| Joshua Dolger | RSU | 5,050 | — | 45,198 |
| Michael Lisowski | RSU | 5,050 | — | 45,198 |
| Joshua Dolger | PSU | 7,575 | — | 67,796 |
| Michael Bishop | RSU | 9,183 | — | 82,188 |
| Michael Lisowski | RSU | 11,111 | — | 99,443 |
| Shankar Achanta | RSU | 12,500 | — | 78,174 |
| Shankar Achanta | PSU | 12,500 | — | 111,875 |
| Joshua Dolger | RSU | 12,500 | — | 111,875 |
| Joshua Dolger | PSU | 12,500 | — | 111,875 |
| Michael Bishop | PSU | 13,774 | — | 123,277 |
| Jason Few | RSU | 13,964 | — | 124,978 |
| Michael Bishop | RSU | 22,727 | — | 203,407 |
| Michael Bishop | PSU | 22,728 | — | 203,416 |
| Jason Few | RSU | 23,636 | — | 211,542 |
| Jason Few | PSU | 35,454 | — | 317,313 |
| Jason Few | RSU | 58,500 | — | 523,575 |
| Jason Few | PSU | 58,500 | — | 523,575 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| James H. EnglandIndependent · Board Chair · Compensation and Leadership Development · Executive · Nominating, Governance and Sustainability | $117,500 | $115,000 | $0 | $0 | $0 | $232,500 |
| Donna Sims WilsonIndependent · Audit, Finance and Risk · Compensation and Leadership Development (Chair) · Nominating, Governance and Sustainability | 82,500 | 115,000 | 0 | 0 | 0 | 197,500 |
| Matthew F. HilzingerIndependent · Audit, Finance and Risk (Chair) · Compensation and Leadership Development · Executive | 80,000 | 115,000 | 0 | 0 | 0 | 195,000 |
| Natica von AlthannIndependent · Audit, Finance and Risk · Executive · Nominating, Governance and Sustainability (Chair) | 75,000 | 115,000 | 0 | 0 | 0 | 190,000 |
| Tyrone Michael JordanIndependent · Compensation and Leadership Development · Nominating, Governance and Sustainability | 67,500 | 115,000 | 0 | 0 | 0 | 182,500 |
| Betsy BinghamIndependent · Audit, Finance and Risk · Compensation and Leadership Development | 67,500 | 115,000 | 0 | 0 | 0 | 182,500 |
| Cynthia HansenIndependent · Audit, Finance and Risk · Nominating, Governance and Sustainability | 67,500 | 115,000 | 0 | 0 | 0 | 182,500 |
| Jason FewEmployee director · Executive (Chair) | 0 | 0 | 0 | — | 0 | 0 |
Board fee structure and ownership guideline
| Annual cash retainer | $50,000 |
|---|---|
| Annual equity retainer | $115,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 20,000 / 15,000 / 15,000 |
| Stock ownership guideline | A description of our minimum stock ownership guidelines can be found on page 26 of this Proxy Statement under the heading “Corporate Governance”. |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $557,500 |
| Equity awards (grant-date value) | $805,000 |
| All other compensation | $0 |
| Total cost of the board | $1,362,500 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Fuelcell Energy as a peer
Companies that benchmark against FCEL
9 companies name FCEL as a compensation peer
- AMERICAN SUPERCONDUCTOR CORP /DE/AMSCFY2025
- Blink Charging Co.BLNKFY2025
- ChargePoint Holdings, Inc.CHPTFY2026
- Clean Energy Fuels Corp.CLNEFY2025
- EVgo Inc.EVGOFY2025
- FUEL TECH, INC.FTEKFY2025
- Gevo, Inc.GEVOFY2025
- Hyliion Holdings Corp.HYLNFY2025
- PLUG POWER INCPLUGFY2025
- YORK WATER COYORWFY2025
Each company listed discloses FCEL in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named FCEL in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
Disclosed peer group — fiscal year 2025
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
SMR NuScale Power CorporationBLNK Blink Charging Co.BLDP Ballard Power Systems, Inc.NRGV Energy Vault Holdings, Inc.AMSC American Superconductor CorporationMNTK Montauk Renewables, Inc.ASPN Aspen Aerogels, Inc.VICR Vicor CorporationBEEM Beam GlobalAMPS Altus Power, Inc.CHPT ChargePoint Holdings, Inc.CLNE Clean Energy Fuels Corp.ERII Energy Recovery, Inc.PLUG Plug Power, Inc.SHLS Shoals Technologies Group, Inc.STEM Stem, Inc.TYGO Tigo Energy, Inc.
Peer reciprocity
The companies Fuelcell Energy names as compensation peers that name it back in their own disclosed peer groups.
Blink Charging Co. (BLNK)83American Superconductor Corporation (AMSC)84ChargePoint Holdings, Inc. (CHPT)85Clean Energy Fuels Corp. (CLNE)86Plug Power, Inc. (PLUG)87
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | American Superconductor Corporation | 2025 | Daniel McGahn | $715,769 | $5,644,800 | $0 | $1,149,125 | $7,529,025 |
| 2 | Energy Vault Holdings, Inc. | 2025 | Robert Piconi | 901,164 | 2,383,250 | 0 | 1,247,277 | 6,432,731 |
| 3 | Shoals Technologies Group, Inc. | 2025 | Brandon Moss | 791,666 | 4,400,002 | 0 | 699,200 | 5,961,218 |
| 4 | ChargePoint Holdings, Inc. | 2026 | Rick Wilmer | 625,000 | 3,481,013 | 0 | 0 | 4,106,013 |
| 5 | NuScale Power Corporation | 2025 | John Hopkins | 632,615 | 2,899,987 | 0 | 512,785 | 4,084,073 |
| 6 | Altus Power, Inc. | 2023 | Lars Norell | 550,000 | 2,944,134 | 0 | 0 | 3,494,134 |
| 7 | Energy Recovery, Inc. | 2025 | David Moon | 614,231 | 2,599,996 | 0 | 0 | 3,222,147 |
| 8 | Fuelcell Energy | 2025 | Jason Few | 582,036 | 1,420,380 | 0 | 686,376 | 2,752,725 |
| 9 | Clean Energy Fuels Corp. | 2025 | Andrew Littlefair | 787,062 | 947,868 | 0 | 867,973 | 2,698,546 |
| 10 | Aspen Aerogels, Inc. | 2025 | Donald Young | 577,115 | 1,670,722 | 424,998 | 0 | 2,685,085 |
| 11 | Plug Power, Inc. | 2025 | Jose Luis Crespo | 397,471 | 0 | 1,196,250 | 526,400 | 2,618,833 |
| 12 | Stem, Inc. | 2025 | Arun Narayanan | 520,266 | 791,213 | 0 | 0 | 2,068,248 |
| 13 | Tigo Energy, Inc. | 2025 | Zvi Alon | 518,698 | 472,500 | 0 | 621,399 | 1,822,596 |
| 14 | Blink Charging Co. | 2025 | Michael Battaglia | 571,315 | 37,107 | 0 | 0 | 805,635 |
| 15 | Vicor Corporation | 2025 | Patrizio Vinciarelli | 479,257 | 0 | 160,242 | 0 | 702,202 |
| 16 | Montauk Renewables, Inc. | 2025 | Sean McClain | 454,713 | 0 | 0 | 0 | 671,702 |
| — | Ballard Power Systems, Inc. | — | — | — | — | — | — | not in coverage universe |
| — | Beam Global | — | — | — | — | — | — | not in coverage universe |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Incentive design against the same peers
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| Fuelcell Energy | 100% | PSU 50 · RSU 50 | Yes — Relative TSR (Russell 2000 Index) | Meridian Compensation Partners, LLC |
| Altus Power, Inc. | not disclosed | not disclosed | No | Pearl Meyer |
| American Superconductor Corporation | 159% | RSU 50 · PSU 50 | No | Compensia, Inc. |
| Aspen Aerogels, Inc. | not disclosed | PSU 50 · Option 25 · RSU 25 | not disclosed | Meridian Compensation Partners LLC |
| Ballard Power Systems, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| Beam Global | not disclosed | not disclosed | not disclosed | not disclosed |
| Blink Charging Co. | not disclosed | not disclosed | not disclosed | Korn Ferry |
| ChargePoint Holdings, Inc. | not disclosed | PSU 75 · RSU 25 | No | FW Cook |
| Clean Energy Fuels Corp. | 111% | RSU 50 · PSU 50 | No | Semler Brossy |
| Energy Recovery, Inc. | not disclosed | RSU 50 · PSU 50 | No | Compensia, Inc. |
| Energy Vault Holdings, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| Montauk Renewables, Inc. | not disclosed | Options 100 | not disclosed | not disclosed |
| NuScale Power Corporation | not disclosed | RSU 100 | not disclosed | FW Cook |
| Plug Power, Inc. | not disclosed | Option 100 | not disclosed | Frederic W. Cook & Co., Inc. |
| Shoals Technologies Group, Inc. | 74% | not disclosed | No | Pay Governance |
| Stem, Inc. | 129.8% | RSU 50 · Options 25 · PSU 25 | No | Frederic W. Cook & Co., Inc. |
| Tigo Energy, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| Vicor Corporation | not disclosed | Options 100 | not disclosed | not disclosed |
Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.
Say-on-pay history and pay ratio
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-04-02 | 13,087,564 | 3,941,931 | 131,922 | 76.85% | Passed |
| 2025 | 2025-04-17 | 2,218,977 | 1,818,703 | 71,085 | 54.96% | Passed |
| 2022 | 2022-04-07 | 87,991,400 | 11,238,801 | 1,370,912 | 88.67% | Passed |
| 2021 | 2021-04-08 | 81,175,868 | 25,483,427 | 1,089,163 | 75.34% | Passed |
| 2020 | 2020-05-08 | 58,399,466 | 9,854,986 | 3,864,970 | 80.98% | Passed |
| 2019 | 2019-04-04 | 14,913,157 | 15,880,569 | 3,551,177 | 48.43% | Failed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.
Say-on-pay — history, company’s computation
| Meeting year | Meeting date | Approval — company’s computation |
|---|---|---|
| 2026 | 2026-04-02 | 76.85%a |
| 2025 | 2025-04-17 | 54.96%b |
| 2022 | 2022-04-07 | 88.67%c |
a. Approved under the standard stated in the filing — “Abstentions and broker non-votes are not counted as votes cast and will have no effect on the vote on this proposal.”.
b. Approved under the standard stated in the filing — “Abstentions and broker non-votes are not counted as votes cast and will have no effect on the vote on this proposal.”.
c. Approved under the standard stated in the filing — “Abstentions and broker non-votes are not counted as votes cast and will have no effect on the voting results for Proposal 1.”.
Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
CEO pay ratio
| Ratio (CEO : median employee) | 31 : 1 |
|---|---|
| CEO total compensation | $2,752,725 |
| Median employee compensation | $88,005 |
Insider trades since the proxy
Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| Betsy Bingham | Director | 2026-04-08 | A | 17,424 | $0 | $0 | Derivative, Class A Common | Form 4 ↗ |
| Betsy Bingham | Director | 2026-04-08 | A | 17,424 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| James H. England | Director | 2026-04-08 | A | 17,424 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Cynthia Hansen | Director | 2026-04-08 | A | 17,424 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Matthew F. Hilzinger | Director | 2026-04-08 | A | 17,424 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Natica von Althann | Director | 2026-04-08 | A | 17,424 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Wilson Donna Sims | Director | 2026-04-08 | A | 17,424 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Tyrone Michael Jordan | Director | 2026-04-08 | A | 17,424 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Betsy Bingham | Director | 2026-04-08 | A | 17,424 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| James H. England | Director | 2026-04-15 | A | 3,902 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Cynthia Hansen | Director | 2026-04-15 | A | 2,657 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Shankar Achanta | EVP, Chief Product &Tech Ofc. | 2026-04-20 | D | 2,500 | 8 | 20,000 | Common | Form 4 ↗ |
| Betsy Bingham | Director | 2026-04-21 | D | 23,859 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Betsy Bingham | Director | 2026-04-21 | A | 23,859 | 0 | 0 | Common | Form 4 ↗ |
| Natica von Althann | Director | 2026-04-21 | D | 23,859 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Natica von Althann | Director | 2026-04-21 | A | 23,859 | 0 | 0 | Common | Form 4 ↗ |
| Shankar Achanta | EVP, Chief Product &Tech Ofc. | 2026-05-08 | D | 2,020 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Shankar Achanta | EVP, Chief Product &Tech Ofc. | 2026-05-08 | D | 492 | 14 | 6,740 | Common | Form 4 ↗ |
| Shankar Achanta | EVP, Chief Product &Tech Ofc. | 2026-05-08 | A | 2,020 | 0 | 0 | Common | Form 4 ↗ |
| Dividend-equivalent accruals | 2026-06-11 | — | 534 | — | — | 1 insider, 1 accrual row | ||
| Livingston III Homer John | Director | 2026-06-11 | A | 5,896 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Shankar Achanta | EVP, Chief Product &Tech Ofc. | 2026-07-06 | D | 2,500 | 29 | 71,775 | Common | Form 4 ↗ |
| Dividend-equivalent accruals | 2026-07-15 | — | 3,272 | — | — | 3 insiders, 3 accrual rows | ||
| Livingston III Homer John | Director | 2026-07-16 | A | 26,343 | 19 | 494,967 | Common | Form 4 ↗ |
| Livingston III Homer John | Director | 2026-09-14 | A | 16,404.2 | 15 | 246,955 | Common | Form 4 ↗ |
| Shankar Achanta | EVP, Chief Product &Tech Ofc. | 2026-10-06 | D | 2,500 | 19 | 46,250 | Common | Form 4 ↗ |
| Dividend-equivalent accruals | 2026-10-15 | — | 2,617 | — | — | 2 insiders, 2 accrual rows | ||
| James H. England | Director | 2026-10-15 | A | 2,085 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Peter B. Hopper | Director | 2026-10-26 | A | 2,231 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.
View all 32 transactions
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| Betsy Bingham | Director | 2026-04-08 | A | 17,424 | $0 | $0 | Derivative, Class A Common | Form 4 ↗ |
| Betsy Bingham | Director | 2026-04-08 | A | 17,424 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| James H. England | Director | 2026-04-08 | A | 17,424 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Cynthia Hansen | Director | 2026-04-08 | A | 17,424 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Matthew F. Hilzinger | Director | 2026-04-08 | A | 17,424 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Natica von Althann | Director | 2026-04-08 | A | 17,424 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Wilson Donna Sims | Director | 2026-04-08 | A | 17,424 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Tyrone Michael Jordan | Director | 2026-04-08 | A | 17,424 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Betsy Bingham | Director | 2026-04-08 | A | 17,424 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| James H. England | Director | 2026-04-15 | A | 3,902 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Cynthia Hansen | Director | 2026-04-15 | A | 2,657 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Shankar Achanta | EVP, Chief Product &Tech Ofc. | 2026-04-20 | D | 2,500 | 8 | 20,000 | Common | Form 4 ↗ |
| Betsy Bingham | Director | 2026-04-21 | D | 23,859 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Betsy Bingham | Director | 2026-04-21 | A | 23,859 | 0 | 0 | Common | Form 4 ↗ |
| Natica von Althann | Director | 2026-04-21 | D | 23,859 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Natica von Althann | Director | 2026-04-21 | A | 23,859 | 0 | 0 | Common | Form 4 ↗ |
| Shankar Achanta | EVP, Chief Product &Tech Ofc. | 2026-05-08 | D | 2,020 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Shankar Achanta | EVP, Chief Product &Tech Ofc. | 2026-05-08 | D | 492 | 14 | 6,740 | Common | Form 4 ↗ |
| Shankar Achanta | EVP, Chief Product &Tech Ofc. | 2026-05-08 | A | 2,020 | 0 | 0 | Common | Form 4 ↗ |
| Livingston III Homer John | Director | 2026-06-11 | A | 534 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Livingston III Homer John | Director | 2026-06-11 | A | 5,896 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Shankar Achanta | EVP, Chief Product &Tech Ofc. | 2026-07-06 | D | 2,500 | 29 | 71,775 | Common | Form 4 ↗ |
| Livingston III Homer John | Director | 2026-07-15 | A | 833 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| James H. England | Director | 2026-07-15 | A | 1,451 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Cynthia Hansen | Director | 2026-07-15 | A | 988 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Livingston III Homer John | Director | 2026-07-16 | A | 26,343 | 19 | 494,967 | Common | Form 4 ↗ |
| Livingston III Homer John | Director | 2026-09-14 | A | 16,404.2 | 15 | 246,955 | Common | Form 4 ↗ |
| Shankar Achanta | EVP, Chief Product &Tech Ofc. | 2026-10-06 | D | 2,500 | 19 | 46,250 | Common | Form 4 ↗ |
| Cynthia Hansen | Director | 2026-10-15 | A | 1,419 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| James H. England | Director | 2026-10-15 | A | 2,085 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Livingston III Homer John | Director | 2026-10-15 | A | 1,198 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Peter B. Hopper | Director | 2026-10-26 | A | 2,231 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
Sources (87 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Jason Few. DEF 14A, filed 2026-02-18. Section “Fiscal Year 2025 Summary Compensation Table” · page 60. As printed: 2,752,725. View filing ↗
- Section 01, Michael Bishop. DEF 14A, filed 2026-02-18. Section “Fiscal Year 2025 Summary Compensation Table” · page 60. As printed: 1,339,199. View filing ↗
- Section 01, Michael Lisowski. DEF 14A, filed 2026-02-18. Section “Fiscal Year 2025 Summary Compensation Table” · page 60. As printed: 1,290,981. View filing ↗
- Section 01, Mark Feasel. DEF 14A, filed 2026-02-18. Section “Fiscal Year 2025 Summary Compensation Table” · page 60. As printed: 1,025,018. View filing ↗
- Section 01, Shankar Achanta. DEF 14A, filed 2026-02-18. Section “Fiscal Year 2025 Summary Compensation Table” · page 60. As printed: 970,359. View filing ↗
- Section 01, Joshua Dolger. DEF 14A, filed 2026-02-18. Section “Fiscal Year 2025 Summary Compensation Table” · page 60. As printed: 946,685. View filing ↗
- Section 03, Michael Lisowski PSU. DEF 14A, filed 2026-02-18. Section “Fiscal Year 2025 Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Shankar Achanta PSU. DEF 14A, filed 2026-02-18. Section “Fiscal Year 2025 Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Shankar Achanta RSU. DEF 14A, filed 2026-02-18. Section “Fiscal Year 2025 Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Michael Bishop RSU. DEF 14A, filed 2026-02-18. Section “Fiscal Year 2025 Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Michael Bishop PSU. DEF 14A, filed 2026-02-18. Section “Fiscal Year 2025 Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Joshua Dolger RSU. DEF 14A, filed 2026-02-18. Section “Fiscal Year 2025 Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Jason Few PSU. DEF 14A, filed 2026-02-18. Section “Fiscal Year 2025 Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Jason Few RSU. DEF 14A, filed 2026-02-18. Section “Fiscal Year 2025 Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Michael Lisowski PSU. DEF 14A, filed 2026-02-18. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Michael Lisowski RSU. DEF 14A, filed 2026-02-18. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Michael Lisowski RSU. DEF 14A, filed 2026-02-18. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Joshua Dolger PSU. DEF 14A, filed 2026-02-18. Section “Fiscal Year 2025 Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Mark Feasel PSU. DEF 14A, filed 2026-02-18. Section “Fiscal Year 2025 Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 07, pay ratio. DEF 14A, filed 2026-02-18. Section “CEO Pay Ratio”. As printed: 31 : 1. View filing ↗
- Section 08, James H. England. DEF 14A, filed 2026-02-18. Section “Director Compensation”. As printed: 232,500. View filing ↗
- Section 08, Donna Sims Wilson. DEF 14A, filed 2026-02-18. Section “Director Compensation”. As printed: 197,500. View filing ↗
- Section 08, Matthew F. Hilzinger. DEF 14A, filed 2026-02-18. Section “Director Compensation”. As printed: 195,000. View filing ↗
- Section 08, Natica von Althann. DEF 14A, filed 2026-02-18. Section “Director Compensation”. As printed: 190,000. View filing ↗
- Section 08, Tyrone Michael Jordan. DEF 14A, filed 2026-02-18. Section “Director Compensation”. As printed: 182,500. View filing ↗
- Section 08, Betsy Bingham. DEF 14A, filed 2026-02-18. Section “Director Compensation”. As printed: 182,500. View filing ↗
- Section 08, Cynthia Hansen. DEF 14A, filed 2026-02-18. Section “Director Compensation”. As printed: 182,500. View filing ↗
- Section 08, Jason Few. DEF 14A, filed 2026-02-18. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 02, Betsy Bingham 2026-04-08. Form 4, filed 2026-04-10. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Betsy Bingham 2026-04-08. Form 4, filed 2026-04-10. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, James H. England 2026-04-08. Form 4, filed 2026-04-10. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Cynthia Hansen 2026-04-08. Form 4, filed 2026-04-10. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Matthew F. Hilzinger 2026-04-08. Form 4, filed 2026-04-10. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Natica von Althann 2026-04-08. Form 4, filed 2026-04-10. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Wilson Donna Sims 2026-04-08. Form 4, filed 2026-04-10. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Tyrone Michael Jordan 2026-04-08. Form 4, filed 2026-04-10. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Betsy Bingham 2026-04-08. Form 4, filed 2026-04-13. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, James H. England 2026-04-15. Form 4, filed 2026-04-17. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Cynthia Hansen 2026-04-15. Form 4, filed 2026-04-17. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Shankar Achanta 2026-04-20. Form 4, filed 2026-04-21. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Betsy Bingham 2026-04-21. Form 4, filed 2026-04-22. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Betsy Bingham 2026-04-21. Form 4, filed 2026-04-22. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Natica von Althann 2026-04-21. Form 4, filed 2026-04-22. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Natica von Althann 2026-04-21. Form 4, filed 2026-04-22. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Shankar Achanta 2026-05-08. Form 4, filed 2026-05-12. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Shankar Achanta 2026-05-08. Form 4, filed 2026-05-12. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Shankar Achanta 2026-05-08. Form 4, filed 2026-05-12. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Livingston III Homer John 2026-06-11. Form 4, filed 2026-06-15. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Livingston III Homer John 2026-06-11. Form 4, filed 2026-06-15. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Shankar Achanta 2026-07-06. Form 4, filed 2026-07-08. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Livingston III Homer John 2026-07-15. Form 4, filed 2026-07-16. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, James H. England 2026-07-15. Form 4, filed 2026-07-16. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Cynthia Hansen 2026-07-15. Form 4, filed 2026-07-16. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Livingston III Homer John 2026-07-16. Form 4, filed 2026-07-20. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Livingston III Homer John 2026-09-14. Form 4, filed 2026-09-15. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Shankar Achanta 2026-10-06. Form 4, filed 2026-10-08. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Cynthia Hansen 2026-10-15. Form 4, filed 2026-10-19. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, James H. England 2026-10-15. Form 4, filed 2026-10-19. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Livingston III Homer John 2026-10-15. Form 4, filed 2026-10-19. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Peter B. Hopper 2026-10-26. Form 4, filed 2026-10-30. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 06, 2026 vote. Form 8-K, filed 2026-04-06. Item 5.07 · say-on-pay result. As reported: 76.85% (votes for as printed: 13,087,564). View filing ↗
- Section 06, 2025 vote. Form 8-K, filed 2025-04-21. Item 5.07 · say-on-pay result. As reported: 54.96% (votes for as printed: 2,218,977). View filing ↗
- Section 06, 2022 vote. Form 8-K, filed 2022-04-08. Item 5.07 · say-on-pay result. As reported: 88.67%. View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
- Section 09b board cost (computed). Computed. Cash 557,500 + equity 805,000 + all other 0 = 1,362,500, summed across the director compensation table rows.
- American Superconductor Corporation, Section 10b CEO total. DEF 14A, filed 2026-06-18. CEO total compensation as printed in American Superconductor Corporation's own proxy. As printed: 7,529,025. View filing ↗
- Energy Vault Holdings, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-17. CEO total compensation as printed in Energy Vault Holdings, Inc.'s own proxy. As printed: 6,432,731. View filing ↗
- Shoals Technologies Group, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-20. CEO total compensation as printed in Shoals Technologies Group, Inc.'s own proxy. As printed: 5,961,218. View filing ↗
- ChargePoint Holdings, Inc., Section 10b CEO total. DEF 14A, filed 2026-05-28. CEO total compensation as printed in ChargePoint Holdings, Inc.'s own proxy. As printed: 4,106,013. View filing ↗
- NuScale Power Corporation, Section 10b CEO total. DEF 14A, filed 2026-04-15. CEO total compensation as printed in NuScale Power Corporation's own proxy. As printed: 4,084,073. View filing ↗
- Altus Power, Inc., Section 10b CEO total. DEF 14A, filed 2024-04-11. CEO total compensation as printed in Altus Power, Inc.'s own proxy. As printed: 3,494,134. View filing ↗
- Energy Recovery, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-21. CEO total compensation as printed in Energy Recovery, Inc.'s own proxy. As printed: 3,222,147. View filing ↗
- Fuelcell Energy (subject), Section 10b CEO total. DEF 14A, filed 2026-02-18. CEO total compensation as printed in Fuelcell Energy's own proxy. As printed: 2,752,725. View filing ↗
- Clean Energy Fuels Corp., Section 10b CEO total. DEF 14A, filed 2026-04-30. CEO total compensation as printed in Clean Energy Fuels Corp.'s own proxy. As printed: 2,698,546. View filing ↗
- Aspen Aerogels, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in Aspen Aerogels, Inc.'s own proxy. As printed: 2,685,085. View filing ↗
- Plug Power, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-30. CEO total compensation as printed in Plug Power, Inc.'s own proxy. As printed: 2,618,833. View filing ↗
- Stem, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in Stem, Inc.'s own proxy. As printed: 2,068,248. View filing ↗
- Tigo Energy, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-06. CEO total compensation as printed in Tigo Energy, Inc.'s own proxy. As printed: 1,822,596. View filing ↗
- Blink Charging Co., Section 10b CEO total. DEF 14A, filed 2026-05-20. CEO total compensation as printed in Blink Charging Co.'s own proxy. As printed: 805,635. View filing ↗
- Vicor Corporation, Section 10b CEO total. DEF 14A, filed 2026-04-30. CEO total compensation as printed in Vicor Corporation's own proxy. As printed: 702,202. View filing ↗
- Montauk Renewables, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-10. CEO total compensation as printed in Montauk Renewables, Inc.'s own proxy. As printed: 671,702. View filing ↗
- Section 10a, Blink Charging Co. reciprocity. DEF 14A. Blink Charging Co. names Fuelcell Energy in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, American Superconductor Corporation reciprocity. DEF 14A. American Superconductor Corporation names Fuelcell Energy in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, ChargePoint Holdings, Inc. reciprocity. DEF 14A. ChargePoint Holdings, Inc. names Fuelcell Energy in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, Clean Energy Fuels Corp. reciprocity. DEF 14A. Clean Energy Fuels Corp. names Fuelcell Energy in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, Plug Power, Inc. reciprocity. DEF 14A. Plug Power, Inc. names Fuelcell Energy in its own disclosed peer group (read from its most recent proxy). View filing ↗