Capstone Green Energy Reports Leadership Changes and Compensation

TL;DR

**Capstone Green Energy just filed an 8-K about changes in their board and executive pay, standard stuff.**

AI Summary

Capstone Green Energy Holdings, Inc. filed an 8-K on February 26, 2024, reporting on the departure or election of directors and officers, compensatory arrangements, and Regulation FD disclosure. The filing indicates changes in leadership and executive compensation, which are standard disclosures for public companies. The company, based in Van Nuys, CA, operates in the engines and turbines industry.

Why It Matters

This filing provides transparency into Capstone Green Energy's corporate governance and executive compensation, which can influence investor confidence and company strategy.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of corporate governance changes and does not indicate immediate financial distress or significant operational shifts.

Key Players & Entities

• Capstone Green Energy Holdings, Inc. (company) — registrant
• February 26, 2024 (date) — date of report
• Delaware (company) — state of incorporation
• Van Nuys, CA (company) — business address city and state
• 001-15957 (dollar_amount) — SEC file number

FAQ

Key Financial Figures

• $0.001 — ch registered Common Stock, par value $0.001 per share N/A N/A Indicate by che

Filing Documents

• tmb-20240226x8k.htm (8-K) — 45KB
• tmb-20240226xex99d1.htm (EX-99.1) — 19KB
• tmb-20240226xex99d1001.jpg (GRAPHIC) — 13KB
• 0001558370-24-001715.txt ( ) — 212KB
• tmb-20240226.xsd (EX-101.SCH) — 4KB
• tmb-20240226_def.xml (EX-101.DEF) — 3KB
• tmb-20240226_lab.xml (EX-101.LAB) — 16KB
• tmb-20240226_pre.xml (EX-101.PRE) — 11KB
• tmb-20240226x8k_htm.xml (XML) — 5KB

02

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On February 26, 2024, Capstone Green Energy Holdings, Inc. (the "Company") announced that the Board of Directors of the Company (the "Board") appointed John P. Miller to serve as a director of the Company, effective February 26, 2024. The Board also appointed Mr. Miller to the Board's Audit Committee and Governance and Sustainability Committee. In connection with the appointment of Mr. Miller, the Board expanded the size of the Board to six members. Mr. Miller (66) has over 40 years of broad-based executive management experience in the manufacturing, distribution and transportation industries and has served in senior finance and leadership roles at public and private companies across a range of industry categories. He has served on the board of directors of Spruce Power Holding Corporation, an owner and operator of distributed solar energy assets, since 2022. From 2017 to 2021, he served as Chief Executive Officer of Power Solutions International, Inc., a publicly traded company focusing on the design, engineering and manufacture of a broad range of advanced, emission-certified engines and power systems. From 2008 until 2016, Mr. Miller served in operational and financial management positions of increasing responsibility at Navistar International Corporation, a global vehicle manufacturer and solutions provider, including as senior vice president of operations and corporate finance. Prior to such roles, he served in the role of Chief Financial Officer of Laidlaw International, Inc., a provider of public transportation services, Chicago Metallic Corporation, a global manufacturer of suspended ceiling and metal products, Fleetpride, Inc., a distributor of heavy duty truck parts, and Peapod, an online grocery delivery company. Mr. Miller received his Master of Business Administration from the University of Mic

01

Item 7.01 Regulation FD Disclosure . On February 26, 2024, the Company issued a press release announcing the appointment of Mr. Miller to the Board. A copy of the press release is furnished with this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference. The information contained in this Item 7.01, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that Section, nor shall such information be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as otherwise expressly set forth by specific reference in such a filing.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 99.1 Press Release, dated February 26, 2024 (furnished herewith). 104 Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CAPSTONE GREEN ENERGY HOLDINGS, INC. Date: February 26, 2024 By: /s/ Robert C. Flexon Name: Robert C. Flexon Title: Interim President and Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR