Short answer
AMERICAN SUPERCONDUCTOR CORP /DE/ (AMSC) filed an 8-K current report with the SEC on June 2, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers). Fiscal 2026 incentive plan links executive payouts to non-GAAP net income, revenue, and operating expenses.
AMERICAN SUPERCONDUCTOR CORP /DE/ 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- Fiscal 2026 incentive plan links executive payouts to non-GAAP net income, revenue, and operating expenses
- Non-GAAP net income carries 50% weighting; revenue and operating expenses each carry 25%
- Awards can reach 200% of target, creating material upside compensation exposure
- CEO Daniel McGahn target: 100% of base salary, or $754,000
- CFO John Kosiba target: 75% of base salary, or $351,000
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