Plug Power Inc. Files 8-K: Officer/Director Changes & Financials

TL;DR

PLUG 8-K filed: Director/officer changes, comp arrangements, and financials reported as of Oct 3, 2025.

AI Summary

Plug Power Inc. filed an 8-K on October 7, 2025, reporting events as of October 3, 2025. The filing indicates changes related to the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements for certain officers. It also includes Regulation FD disclosures and financial statements with exhibits.

Why It Matters

This filing signals potential shifts in leadership or executive compensation at Plug Power, which could impact the company's strategic direction and investor confidence.

Risk Assessment

Risk Level: medium — Changes in directors or officers, especially if accompanied by new compensatory arrangements, can indicate internal shifts that may affect company strategy and performance.

Key Players & Entities

• PLUG POWER INC (company) — Registrant
• October 3, 2025 (date) — Earliest event reported
• October 7, 2025 (date) — Filing date
• Delaware (jurisdiction) — State of incorporation
• 125 Vista Boulevard, Slingerlands, New York 12159 (address) — Principal executive offices

FAQ

Key Financial Figures

• $0.01 — h registered Common Stock, par value $0.01 per share PLUG The Nasdaq Capital M

Filing Documents

• tm2528151d1_8k.htm (8-K) — 28KB
• tm2528151d1_ex99-1.htm (EX-99.1) — 14KB
• 0001104659-25-097346.txt ( ) — 209KB
• plug-20251003.xsd (EX-101.SCH) — 3KB
• plug-20251003_lab.xml (EX-101.LAB) — 33KB
• plug-20251003_pre.xml (EX-101.PRE) — 22KB
• tm2528151d1_8k_htm.xml (XML) — 3KB

02

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On October 3, 2025, Sanjay Shrestha, notified Plug Power Inc., a Delaware corporation (the "Company"), that he will be resigning as the President of the Company, effective October 10, 2025. Mr. Shrestha's resignation was not due to any disagreement with the Company on any matter relating to its operations, policies, practices or otherwise known to any executive officer of the Company. On October 3, 2025, the Company appointed Jose Luis Crespo as the Company's President, effective October 10, 2025, and the Company's Chief Executive Officer, effective on or around March 2, 2026, or as of the date of the filing of the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2025 (the "Effective Date"). Andrew J. Marsh will continue to serve as the Company's Chief Executive Officer until the Effective Date. Mr. Crespo has served as the Chief Revenue Officer of the Company since November 2024. Mr. Crespo joined the Company as Vice President of Business and International Sales in 2014. He was promoted to Vice President of Global Sales in January of 2015 and in 2016 he was named General Manager for Hypulsion, the Company's wholly owned European subsidiary. In 2021, Mr. Crespo was named General Manager of Material Handling and Executive Vice President, and in May 2023, he was named General Manager of Applications and Executive Vice President. Prior to joining the Company, Mr. Crespo served as Vice President of International Value Stream at Smiths Power, a supplier of power distribution, conditioning, protection and monitoring solutions for data centers, wireless communications and other critical or high-value electrical systems, from 2009 to 2013. Mr. Crespo currently serves on the board of directors of AccionaPlug S.L., which is the Company's joint venture with Acciona Generacin Renovable, S.A.

01

Item 7.01 Regulation FD Disclosure In connection with the foregoing, the Company issued a press release. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference. The information included in this Item 7.01 and Exhibit 99.1 of this Current Report on Form 8-K is not deemed to be "filed" for purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of that section, nor shall this item or Exhibit 99.1 be incorporated by reference into the Company's filings under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such future filing.

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits Exhibit Number Title 99.1 Press Release of Plug Power Inc., dated October 7, 2025. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 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. Plug Power Inc. Date: October 7, 2025 By: /s/ Paul Middleton Name: Paul Middleton Title: Chief Financial Officer

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View this 8-K filing on SEC EDGAR