Plug Power shareholders approve 25M share increase to equity compensation plan

Filed June 15, 2026 · Period ending June 11, 2026 · ~1 min read

Key Changes

• medium

  Shareholders approved expanding the 2021 equity plan by 25 million shares (from 91.4M to 116.4M total), providing additional capacity for stock-based compensation but potentially diluting existing shareholders.

  Item 5.07: Annual Meeting Results verify on EDGAR →
• medium

  Executive compensation vote passed but drew 32% opposition (151.6M against vs 316.1M for), signaling meaningful shareholder concern about pay practices, though the advisory vote requires no board action.

  Item 5.07: Say-on-Pay Vote verify on EDGAR →
• low

  Four Class III directors elected to serve until 2029 annual meeting: Colin Angle, Jose Luis Crespo, Patrick Joggerst, and Gary K. Willis, all receiving majority support.

  Item 5.07: Director Elections verify on EDGAR →