Welcome to our dedicated page for Plug Power SEC filings (Ticker: PLUG), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Plug Power Inc. (NASDAQ: PLUG) files a range of documents with the U.S. Securities and Exchange Commission that shed light on its hydrogen-focused business, capital structure, and governance. On this page, investors can review PLUG’s key SEC filings and use AI-powered tools to interpret complex disclosures related to its integrated hydrogen ecosystem.
Plug’s proxy materials, such as the definitive proxy statement for a special meeting of stockholders, describe proposed amendments to the company’s charter. These include aligning voting standards with Section 242(d)(2) of the Delaware General Corporation Law and increasing authorized shares of common stock. The proxy explains why additional authorized shares are important for raising capital, meeting contractual obligations, and executing the company’s strategy.
Multiple Current Reports on Form 8-K detail material events, including a private offering of 6.75% Convertible Senior Notes due 2033, warrant and pre-funded warrant arrangements, amendments to an at-the-market sales agreement, and registration of shares underlying warrants. These filings outline how Plug refinances higher-cost debt, repurchases existing notes, and structures equity-linked securities to support working capital and general corporate purposes.
Other 8-K filings address topics such as leadership changes, investor symposiums, data center-related letters of intent, and hydrogen supply contracts, including Plug’s first liquid hydrogen award from NASA. Each filing provides specific terms, risk-related language, and descriptions of obligations that are important for understanding PLUG’s financial and operational commitments.
Through this SEC filings page, users can access PLUG’s 8-Ks, proxy statements, and other regulatory documents as they are made available via EDGAR. AI-driven summaries help explain technical sections on convertible notes, warrant structures, voting standards, and charter amendments, allowing investors to quickly identify the implications for dilution, financing flexibility, and governance.
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.
Plug Power furnished a press release reporting its financial results for the second quarter ended June 30, 2025, and disclosed that it will host a conference call at 4:30 p.m. Eastern accessible via the company website. The press release is provided as Exhibit 99.1 and the filing also includes an Inline XBRL cover page as Exhibit 104.
The filing specifies that the Item 2.02 disclosure and Exhibit 99.1 are furnished, not filed for purposes of Section 18 of the Exchange Act, and the text of the 8-K does not contain the numerical financial results themselves; stakeholders must review the furnished press release or attend the call for the detailed financial figures.
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