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Get filing alertsAMSC sets fiscal 2026 executive bonuses tied to profitability, revenue, and cost control
Filed June 2, 2026 · Period ending June 1, 2026 · ~1 min read
Key Changes
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Board approved executive incentive plan for fiscal year ending March 31, 2027, with payouts ranging from 0% to 200% of target based on three performance metrics: non-GAAP net income (50% weight), revenues (25%), and operating expenses (25%).
Item 5.02 verify on EDGAR → -
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CEO target bonus set at 100% of base salary ($754,000) and CFO at 75% ($351,000), with actual payouts dependent on achieving established financial targets across profitability, revenue growth, and expense management.
Item 5.02 verify on EDGAR →
Summary
American Superconductor disclosed its fiscal 2026 executive compensation structure, linking management bonuses directly to three financial metrics. Half of the incentive payout depends on non-GAAP net income, with the remainder split equally between revenue targets and operating expense control.
This structure signals the board's priorities: profitability first, followed by balanced attention to top-line growth and cost discipline. For retail investors, this matters because executive incentives reveal what management will focus on over the next year. The heavy weighting on non-GAAP net income suggests the company is prioritizing the path to sustained profitability.
The 25% weighting on operating expenses indicates continued attention to cost management, while the revenue component ensures growth isn't sacrificed entirely for margin improvement. Any mid-year guidance updates or commentary on progress against the plan's metrics will indicate whether executives are on pace to earn their bonuses and, more importantly, whether the company is hitting its financial goals.
Section-by-Section Diff
Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
On June 1, 2026, the Compensation Committee (the “Committee”) of the Board of Directors (the "Board") of American Superconductor Corporation (the “Company”) and the Board approved an executive incentive plan for the Company’s fiscal year ending March 31, 2027 (“fiscal 2026”). Participants in the plan include the Company’s chief executive officer and all other current executive officers.
The Board and Compensation Committee approved a new executive incentive plan for fiscal year 2026 (ending March 31, 2027). All current executive officers, including the CEO, are participants in this plan. The plan establishes target cash incentive amounts expressed as percentages of each participant's annual base salary.
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Added in current filing · verify on EDGAR →
Daniel P. McGahn
Chairman, President and Chief Executive Officer | 100% | $ 754,000
John W. Kosiba, Jr.
Senior Vice President, Chief Financial Officer and Treasurer | 75% | $ 351,000
The CEO's target incentive is set at 100% of base salary ($754,000), while the CFO's target is 75% of base salary ($351,000). These amounts represent the baseline targets; actual payouts will depend on achievement of the performance metrics and can reach up to 200% of these targets.
Event · Item 9.01 — Financial Statements and Exhibits
AMSC filed an 8-K disclosing its Fiscal 2026 Executive Incentive Plan as an exhibit.
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Exhibit | No. | Description | 10.1 | Fiscal 2026 Executive Incentive Plan.
The company has disclosed its Fiscal 2026 Executive Incentive Plan as Exhibit 10.1. This is a routine filing of the annual executive compensation plan, which typically outlines performance metrics and bonus structures for senior management. The actual plan details are contained in the exhibit attachment, not in the 8-K body itself.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jun 2, 2026 · How we verify