Independent
Tenure on this board
3.0 yrs
Meeting calendar
PLUG · Annual meeting · Thursday, July 3, 2025
Plug Power Inc
3 nominees · 8 ballot items.
Election of three Class II directors; charter amendments to increase authorized shares, implement a reverse stock split, allow changes to authorized share voting without separate class votes, and exculpation of officers; amendment to the 2021 Stock Option and Incentive Plan to increase the share reserve by 40,000,000; non-binding advisory vote on executive compensation; ratification of Deloitte & Touche LLP as the company's independent auditors.
Market cap
$3.7B
1Y TSR
+170.3%
Board grade
C-
Record date
Jun 9, 2025
Filing
DEF 14A
Meeting concluded · Jul 3, 2025
Follow how the vote landed and what changed on Plug Power Inc’s board — director track records, governance grades, and ongoing monitoring — on the Boardroom Alpha platform.
Proposals
On the ballot8
- 1
Election of Directors
ManagementBoard: FORElection of three Class II Directors to serve until the 2028 Annual Meeting and until their successors are duly elected and qualified.
- 2
Amendment Of The Company’s Charter To Increase The Number Of Authorized Shares Of Common Stock
ManagementBoard: FORIncrease the total authorized shares of common stock from 1.5 billion to 3.0 billion.
- 3
Amendment Of The Company’s Charter To, At The Discretion Of The Board, Effect A Reverse Stock Split
ManagementBoard: FORAuthorize reverse stock split at a ratio not less than 1-for-5 and not more than 1-for-200, to be fixed by the Board.
- 4
Amendment Of The Company’s Charter To Provide That The Authorized Number Of Shares May Be Increased Or Decreased By The Requisite Vote Without Either Class Voting
ManagementBoard: FORProvide for non-class voting on charter amendments to increase/decrease authorized shares; Class Vote Amendment.
- 5
Amendment Of The Company’s Charter To Provide For Exculpation Of Officers From Breaches Of Fiduciary Duty To The Extent Permitted By DGCL
ManagementBoard: FORExculpate certain officers from monetary damages for fiduciary breaches, as permitted by DGCL 102(b)(7).
- 6
Amendment Of The Company’s 2021 Stock Option And Incentive Plan To Increase The Number Of Shares Thereunder
ManagementBoard: FORIncrease the number of shares under the 2021 Plan from 51,400,000 to 91,400,000; increase ISOs from 51,400,000 to 91,400,000.
- 7
Non-Bindin, Advisory Vote On Executive Compensation
ManagementBoard: FORAdvisory vote on the compensation of named executive officers as described in the proxy statement.
- 8
Ratification Of Deloitte & Touche LLP As The Company’s Independent Registered Public Accounting Firm For 2025
ManagementBoard: FORRatify Deloitte & Touche LLP as the company's independent registered public accounting firm for 2025.
Director elections
Nominees on the ballot3
Independent
Tenure on this board
12.8 yrs
Independent
Tenure on this board
29.5 yrs
Ownership
Latest 13F quarterTop institutional holders10
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | BlackRock, Inc. | 4.7% | 65,804,539 | $149M |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | 4.5% | 62,550,438 | $141M |
| 3 | VANGUARD PORTFOLIO MANAGEMENT LLC | 4.3% | 59,603,806 | $135M |
| 4 | D. E. Shaw Co., Inc.Activist | 3.5% | 48,159,491 | $109M |
| 5 | BlackRock, Inc. | 3.0% | 41,221,879 | $93M |
| 6 | STATE STREET CORP | 2.6% | 36,549,102 | $83M |
| 7 | BlackRock, Inc. | 2.4% | 32,961,694 | $74M |
| 8 | GEODE CAPITAL MANAGEMENT, LLC | 2.1% | 29,867,716 | $68M |
| 9 | UBS Group AG | 2.0% | 27,903,518 | $63M |
| 10 | RENAISSANCE TECHNOLOGIES LLC | 2.0% | 27,738,500 | $63M |
Peers
Nearest market capOther Industrials sector meetings6
Upcoming shareholder meetings at Plug Power Inc’s closest sector peers — compare boards, ballots, and ownership across the cohort.
Azz IncAZZ
Annual meeting·Jul 7, 2026·$4.6B
American Superconductor CorpAMSC
Annual meeting·Jul 31, 2026·$2.0B
Tic Solutions IncTIC
Annual meeting·Jul 1, 2026·$1.8B
Cra International IncCRAI
Annual meeting·Jul 16, 2026·$920M
Power Solutions International IncPSIX
Annual meeting·Jul 23, 2026·$896M
Park Aerospace CorpPKE
Annual meeting·Jul 21, 2026·$797M
Reference
Frequently asked questions
- When is the Plug Power Inc 2025 annual meeting?
- Plug Power Inc (PLUG) holds its 2025 annual shareholder meeting on Thursday, July 3, 2025.
- What is the record date for the Plug Power Inc 2025 meeting?
- The record date for the Plug Power Inc 2025 meeting is Monday, June 9, 2025. Shareholders of record on or before that date are eligible to vote.
- Who are the director nominees for Plug Power Inc's 2025 meeting?
- The board is presenting 3 director nominees at the Plug Power Inc 2025 meeting, listed with their independence status and background.
- What proposals will shareholders vote on at the Plug Power Inc 2025 meeting?
- Shareholders will vote on 8 proposals at the Plug Power Inc 2025 meeting, each tagged with who proposed it and the board's recommendation.
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