Plug Power Inc. filings document the public-company record for a hydrogen solutions business with common stock listed on the Nasdaq Capital Market. The company’s disclosures cover operating and financial results, its hydrogen production and infrastructure activities, electrolyzer and fuel cell businesses, and risk and governance topics tied to scaling an integrated hydrogen ecosystem.
Plug’s SEC record includes definitive proxy materials, current reports on Form 8-K, and material-event disclosures. These filings address board and executive matters, shareholder voting, amendments to the certificate of incorporation, authorized common stock, material agreements, capital-structure matters, operating results and other governance updates.
Benjamin Haycraft, CSO & GM of EMEA at Plug Power, reported a sale of 10,972 shares of PLUG common stock on 09/16/2025 at $1.59 per share, leaving him with 477,583 shares beneficially owned. The filing states the sale was executed under a Rule 10b5-1 trading plan adopted on June 13, 2025. The Form 4 is signed by an attorney-in-fact on behalf of the reporting person.
Form 144 notice for PLUG POWER INC (PLUG) reports a proposed sale of 10,972 common shares through RBC Capital Markets LLC on 09/16/2025 on the NASDAQ. The filing lists an aggregate market value of $17,445.00 and indicates 1,154,840,742 shares outstanding. The shares to be sold were acquired via Restricted Stock Unit vesting on 09/22/2022 (4,424 shares), 09/22/2023 (4,425 shares) and 10/17/2023 (2,123 shares), totaling the 10,972 shares in this notice. The filer reports no securities sold in the past three months and includes the standard representation that the seller does not possess undisclosed material adverse information.
Dean Fullerton, Chief Operating Officer of Plug Power Inc. (PLUG) was awarded a stock option on 09/04/2025 to purchase 1,000,000 shares of Common Stock at an exercise price of $1.44 per share. The award was made under Plug Power's 2021 Stock Option and Incentive Plan, as amended. The option vests in three equal annual installments following the grant date, subject to the reporting person’s continued service, and expires on 09/04/2035. The Form 4 was signed by an attorney-in-fact on 09/08/2025 and reports 1,000,000 shares beneficially owned following the grant.
Plug Power Inc. reported a stock option grant to reporting person Andrew Marsh, who is identified as President and CEO and a director. The option was awarded under the companys 2021 Stock Option and Incentive Plan and gives the holder the right to buy 2,250,000 shares of common stock at an exercise price of $1.44 per share.
The grant date is 09/04/2025, the option expires 09/04/2035, and the underlying shares vest in three equal annual installments following the grant date, subject to continued service. The filing shows the position as direct ownership of the derivative security after the transaction.
Plug Power Inc. insider grant details: Chief Revenue Officer Jose Luis Crespo was awarded a stock option to purchase 1,000,000 shares of Plug Power common stock at an exercise price of $1.44 per share. The option grant has an exercise/issuance date of 09/04/2025, becomes exercisable in installments and expires on 09/04/2035.
The grant was made under Plug Power's 2021 Stock Option and Incentive Plan, as amended. The underlying shares vest in three equal annual installments following the grant date, subject to Crespo's continued service. The Form 4 was signed by an attorney-in-fact on 09/08/2025 and shows 1,000,000 derivative securities beneficially owned following the transaction, held directly.
Gerard L. Conway, Jr., who serves as General Counsel, Corporate Secretary and Executive Vice President of Plug Power Inc. (PLUG), reported a grant of 1,000,000 stock options on 09/04/2025. The options have an exercise price of $1.44 and a term expiring on 09/04/2035. The award was granted under Plug Power's 2021 Stock Option and Incentive Plan, as amended. The underlying shares will vest in three equal annual installments after the grant date, subject to the reporting person’s continued service on each vesting date. Following the grant, the reporting person beneficially owns 1,000,000 options on a direct basis.
Plug Power Inc. entered into Amendment No. 3 to its existing At Market Issuance Sales Agreement with B. Riley Securities, Inc., which allows Plug Power to offer and sell shares of common stock with an aggregate gross sales price of up to $1.0 billion.
The amendment primarily extends the agreement so it now ends on the earlier of August 15, 2027 or the sale of all shares available under the program. Plug Power agreed to reimburse B. Riley’s legal expenses up to $25,000 related to this amendment, while all other material terms remain unchanged.
Shares sold under this arrangement are issued pursuant to Plug Power’s automatic shelf registration statement on Form S-3 and a related prospectus supplement filed with the SEC on August 15, 2025.
Plug Power Inc. filed a prospectus supplement to register up to $1.0 billion of common stock for sale under an amended At Market Issuance Sales Agreement with B. Riley Securities. The company may sell shares from time to time on the Nasdaq Capital Market (ticker PLUG); the last reported sale price noted was $1.65 per share on August 14, 2025. B. Riley may act as agent (commission up to 3.0%) or principal (purchase fee 5.0%). Net proceeds are intended for working capital, capital expenditures and general corporate purposes, with management retaining broad discretion. The filing discloses Plug Power's ongoing hydrogen operations and manufacturing footprint and highlights material risks, including a cumulative deficit of $6.6 billion and net losses of $2.1 billion in 2024, $1.4 billion in 2023 and $724.0 million in 2022.
Plug Power Inc. furnished a transcript of its conference call discussing financial results for the second quarter ended June 30, 2025. The company held the call on August 11, 2025, and the transcript is provided as Exhibit 99.1. The information in Item 7.01 and Exhibit 99.1 is being furnished under Regulation FD and is expressly stated not to be "filed" for purposes of Section 18 of the Exchange Act, limiting certain legal liabilities and incorporation by reference unless specifically referenced in future filings.
Plug Power Inc. reported a second quarter 2025 net loss of $228.7 million on net revenue of $173.97 million, improving from a $262.3 million loss a year earlier but still producing a gross loss of $53.5 million. Cash and cash equivalents totaled $140.7 million with total assets of $3.35 billion and an accumulated deficit of $7.02 billion. Inventory declined to $643.9 million and carries $134.6 million of excess and obsolete adjustments.
The company raised net proceeds of $267.5 million from a March registered direct offering and issued a $210.0 million 15.00% Secured Debenture (purchase price $199.5 million) in May, with an effective Q2 yield of 19.2% and a warrant issued to Yorkville. Management expects restructuring savings to begin in the second half of 2025 and states working capital, available restricted cash, equity facilities (ATM and SEPA) and the new debenture support operations for at least 12 months under stated assumptions.