FCELB FUELCELL ENERGY INC

NEUTRAL Impact: 2/10 8-K
Horizon immediate Filed May 21, 2026 Processed 24d 20h ago SEC 0001104659-26-064902
8-K context-dependent: Items 5.02, 7.01
Latest settled — T+5d
FCELB ▼ -1.10% at T+5d
NEUTRAL call ✗ call lost -1.10% · α vs SPY -2.70% · entry $455.00 → $450.00
Next anchor: T+20d in 7d
Last close $429.91 (close Jun 12) · -5.51% from $455.00 entry
Entry anchored
May 21, 2026
via day open
T+1d
+0.88%
call +0.88% · α +0.43%
$459.00
settled 24d ago
T+5d
-1.10%
call -1.10% · α -2.70%
$450.00
settled 17d ago
T+20d
call — · α —
in 7d
T+60d
call — · α —
in 2mo

Price Chart

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Executive Summary

FuelCell Energy elected John Livingston, a cybersecurity entrepreneur and former McKinsey partner, to its Board of Directors effective May 19, 2026, increasing board size from eight to nine. Livingston brings operational technology and cybersecurity expertise relevant to the company's data center and AI infrastructure strategy. This is a routine board appointment with no material financial impact.

Actionable Insight

Routine board appointment with no immediate trading catalyst. Monitor for any strategic pivot toward data center/cybersecurity markets, but no actionable signal from this filing alone.

Key Facts

  • John Livingston elected to the Board effective May 19, 2026, increasing board size from 8 to 9.
  • Livingston appointed to Audit, Finance and Risk Committee and Compensation and Leadership Development Committee.
  • Annual retainer of $50,000 plus committee fees of $10,000 (Audit) and $7,500 (Compensation), prorated from May 19, 2026.
  • Awarded 5,896 RSUs vesting at the 2027 annual meeting, settled in cash or stock at committee discretion.
  • No material financial data, earnings, or guidance changes reported.

Financial Impact

Director compensation of $67,500 annualized plus 5,896 RSUs — immaterial relative to company scale.

Risk Factors

  • No material financial risks disclosed.

Market Snapshot

Exchange
OTC
Sector
Electrical Industrial Apparatus
Analyst Consensus
0% bullish (13 analysts)

Documents Analyzed

This report is based on 5 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001104659-26-064902
Document: fcel-20260519xex99d1.htm0001104659-26-064902
Document: 0001104659-26-064902-index-headers.html0001104659-26-064902
Document: 0001104659-26-064902-index.html0001104659-26-064902
Document: 0001104659-26-064902.txt0001104659-26-064902
3 reports for FCELB
Performance horizon
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Reports for FCELB — sortable, filterable
Type Now
Jun 8, 2026
6d ago
S-3ASR
BEARISH ★ 6/10
$440.00 awaiting T+5awaiting T+5$429.91 (+2.29%)
Jun 8, 2026
6d ago
8-K
BEARISH ★ 6/10
$430.00 awaiting T+5awaiting T+5$429.91 (+0.02%)
May 21, 2026
24d ago
8-K
NEUTRAL ★ 2/10
$455.00 $450.00▼ −1.10%▼ −2.70%$429.91 (−5.51%)
Showing 3 of 3

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