Plug Power adopts executive compensation program

Plug Power (PLUG) announced the adoption of an executive compensation program that enables eligible executives to receive up to 75% of their compensation in the form of Plug stock. This initiative underscores the company’s commitment to aligning leadership interests with long-term shareholder value. Under the program, eligible executives may elect to receive 25%, 50%, or 75% of their compensation in Plug stock, with the option applying to base salary and, in some cases, cash bonuses. The program will take effect at the next open trading window and remain in place through the end of the fiscal year.