American Superconductor Corporation

AMSC: 8-K · leadership change

Barbara G. Littlefield resigned from the Board of Directors of American Superconductor Corporation, effective at 12 p.m. eastern time on Friday, September 18, 2026. She informed the board of her resignation on September 17, 2026. The 8-K discloses no reason for the departure and no disagreement with the company. The report was signed on behalf of AMSC by Senior Vice President and CFO John W. Kosiba, Jr. A single director departure with no stated controversy is routine governance housekeeping and is unlikely to affect AMSC's strategy, operations, or financial outlook.

SEC 8-K•1mo ago

AMSC to Report First Quarter Fiscal Year 2026 Financial Results on August 5, 2026

AMSC announced it will release its first quarter fiscal year 2026 financial results after the market close on Wednesday, August 5, 2026. Management will host a conference call to discuss the results and business outlook on August 6, 2026, at 10:00 a.m. Eastern Time. Investors can access the live webcast via the company's website or by dialing the provided toll-free numbers.

•2mo ago

AMSC: DEF 14A · proxy statement

AMSC has scheduled its virtual annual meeting for July 31, 2026, to act on three proposals: the election of directors, the ratification of RSM US LLP as independent auditor, and an advisory vote on executive compensation. The record date for voting was June 4, 2026, with 48.4 million shares outstanding and entitled to vote. The company has appointed Arthur H. House as Lead Director to facilitate independent board oversight. The company reported strong fiscal 2025 performance in the proxy statement, with revenues rising 34% to $299.2 million compared to the prior year. Net income increased significantly to $133.8 million, or $3.12 per share, driven by organic growth and contributions from the December 2025 acquisition of Comtrafo. Additionally, the twelve-month backlog grew by over 40% to $282.4 million, signaling continued demand for grid products. Executive compensation details for fiscal 2025 show CEO Daniel P. McGahn received total compensation of approximately $7.5 million, including $1.1 million in non-equity incentive pay and $5.6 million in stock awards. The proxy highlights that over 91% of shareholders supported executive pay at the previous year's meeting, and the company has implemented new performance-based restricted stock awards tied to cumulative non-GAAP net income targets.

SEC DEF 14A•4mo ago

AMSC: 8-K · leadership change

American Superconductor Corporation (AMSC) filed an 8-K reporting the approval of its Fiscal 2026 Executive Incentive Plan by the Board of Directors and Compensation Committee on June 1, 2026. The plan covers the fiscal year ending March 31, 2027, and includes the CEO and other executive officers. Payouts are based on non-GAAP net income (50% weight), revenues (25% weight), and operating expenses (25% weight), with a cap of 200% of the target incentive. CEO Daniel P. McGahn has a target incentive of $754,000 (100% of base salary), while CFO John W. Kosiba, Jr. has a target of $351,000 (75% of base salary). This is a routine annual compensation disclosure with no material strategic or financial impact.

SEC 8-K•4mo ago

AMSC to Report Fourth Quarter and Fiscal Year 2025 Financial Results on May 27, 2026

AMSC announced it will release fourth quarter and fiscal year 2025 financial results after market close on May 27, 2026. Management will host a conference call with investors and analysts on May 28, 2026, at 10:00 a.m. Eastern Time to discuss the results and business outlook. No specific financial figures or guidance were included in this date-setting notice.

•5mo ago