Welcome to our dedicated page for Fuel Tech SEC filings (Ticker: FTEK), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Fuel Tech, Inc. (NASDAQ: FTEK) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures, along with AI-powered summaries that help explain key points from each document. Fuel Tech is a technology company focused on emissions control, process optimization, water treatment, and advanced engineering services for utility and industrial applications, and its filings offer detailed insight into these activities.
Through periodic reports such as the Form 10-K annual report and Form 10-Q quarterly reports, Fuel Tech discusses segment performance for its Air Pollution Control (APC) and FUEL CHEM businesses, financial condition, cash and investment balances, research and development spending, and risk factors related to its markets and technologies. These filings also describe the role of proprietary platforms such as FUEL CHEM®, DGI® Dissolved Gas Infusion, SCR, SNCR, ASNCR, and ULTRA systems in the company’s operations.
Current reports on Form 8-K capture material events, including the release of quarterly financial results and the adoption of compensation plans tied to APC and FUEL CHEM sales. Users can also review exhibits related to commission plans and other governance matters. For those monitoring management and ownership activity, the filings page provides convenient access to Form 4 insider transaction reports when they are filed.
Stock Titan’s tools surface real-time updates from the SEC’s EDGAR system and apply AI-generated explanations to lengthy filings, helping users quickly understand revenue drivers, segment trends, backlog commentary, and other disclosures that affect FTEK. This makes it easier to analyze how Fuel Tech’s emissions control and water treatment businesses are reflected in its official regulatory reporting.
Fuel Tech, Inc. is asking stockholders to elect four directors, ratify RSM US LLP as independent auditor for 2026, and approve an advisory vote on executive pay at its June 4, 2026 annual meeting. The board remains small, with CEO Vincent J. Arnone also serving as chairman and three fully independent directors chairing all key committees.
Executive pay is structured around base salary, annual incentives and performance-based RSUs. A 2025 company-wide incentive plan paid no bonuses because operating income targets were not met, while a separate objectives plan funded a $487,500 pool after three of four goals were achieved. In 2025 total compensation was $788,338 for the CEO, $484,864 for the CFO and $447,494 for the SVP of Sales. A 2025 say-on-pay vote received over 94% support, and the company highlights claw back, anti-hedging and stock ownership guidelines as governance features.
Fuel Tech, Inc. amendment to a Schedule 13G/A reports that Grace & White, Inc. beneficially owns 1,541,307 shares of common stock, representing 5.02% of the class. The filing shows 447,860 shares with sole voting power and 1,541,307 with sole dispositive power. The signatory certifies the holdings were not acquired to change control and references nomination activity under Rule 240.14a-11.
Fuel Tech, Inc. adopted its 2026 Corporate Incentive Plan and 2026 Current Objectives Plan, tying employee cash bonuses and executive equity awards to financial and strategic performance. The company granted 20,850 RSUs to CEO Vincent Arnone, 8,350 to CFO Ellen Albrecht, and 6,250 to SVP William Cummings.
Under the 2026 Corporate Incentive Plan, no bonus is paid unless Operating Income reaches $250,000, after which 25% of Operating Income funds an incentive pool capped at $3 million. The 2026 Current Objectives Plan funds a separate bonus pool of up to $650,000 only if all four corporate objectives are fully achieved, including revenue targets from new technologies, data center projects, AI-driven business development, and company-wide adoption of AI tools.
Albrecht Ellen T reported acquisition or exercise transactions in this Form 4 filing.
Fuel Tech, Inc. reported that Chief Financial Officer Ellen T. Albrecht received a grant of 8,350 Restricted Stock Units on March 24, 2026 as equity compensation. Each RSU represents one share of common stock. The RSUs vest in three equal annual installments on the first, second, and third anniversaries of the grant date, with shares delivered after each vesting date subject to any deferral elections.
FUEL TECH, INC. President and CEO Vincent J. Arnone received a grant of 20,850 Restricted Stock Units on March 24, 2026. Each unit represents a contingent right to receive one share of FTEK common stock.
The RSUs vest in three equal installments: one-third on each of the first, second, and third anniversaries of the grant date. Following this award, Arnone holds 20,850 RSUs directly, which will convert into common shares as they vest and are delivered under the company’s RSU Award Agreement.
Cummings William E JR reported acquisition or exercise transactions in this Form 4 filing.
FUEL TECH, INC. reported that Senior Vice President of Sales William E. Cummings Jr. received a grant of 6,250 Restricted Stock Units as equity compensation. Each unit represents a contingent right to receive one share of FTEK common stock.
The 6,250 RSUs vest in three equal installments on the first, second, and third anniversaries of the grant date, subject to the company’s RSU award agreement. Following this grant, Cummings holds 6,250 RSUs directly, with shares to be delivered after each vesting date.
FUEL TECH, INC. President and CEO Vincent J. Arnone reported an open-market purchase of 10,000 shares of common stock at a price of $1.24 per share. After this transaction, he directly owns 549,513 shares of Fuel Tech common stock.
Fuel Tech, Inc. reports full-year 2025 results with revenue of $26.7 million and a net loss of $2.3 million, or $0.08 per share. Revenue rose about 6% from 2024 as gross margin improved to 46% from 42%.
FUEL CHEM segment sales grew 28% to $17.8 million on renewed orders and new programs, while Air Pollution Control revenue fell 21% to $8.9 million due to project timing and customer delays, though APC backlog increased to $7.0 million.
The company ended 2025 with $11.9 million in cash, $19.9 million in investments, working capital of $25.7 million, no debt aside from letters of credit, and 30.9 million basic shares outstanding.
Fuel Tech reported higher revenue and margins in 2025 but remained unprofitable. Fourth-quarter 2025 revenue rose 37% to $7.2 million, lifting gross margin to 44.6% from 42.3%, while the net loss narrowed to $0.04 per share from $0.06.
For full-year 2025, revenue increased to $26.7 million from $25.1 million, with gross margin improving to 46.4% from 42.3%. FUEL CHEM segment revenue grew 27.9% for the year, reaching its highest level since 2018, helped by stronger coal unit utilization and a new U.S. demonstration program.
APC segment revenue declined for the year but rose 36.7% in the fourth quarter, and segment backlog increased to $7.0 million from $6.2 million. The company highlighted a data-center-related APC sales pipeline of approximately $75–$100 million and ongoing DGI water treatment demonstrations. Fuel Tech ended 2025 with $11.9 million in cash, $19.9 million in investments, stockholders’ equity of $39.9 million, and no debt.
Fuel Tech, Inc. filed a current report describing compensation decisions made by the Board’s Compensation Committee on December 11, 2025. The Committee approved a 2026 APC and National Sales Manager Commission Plan and a 2026 FUEL CHEM® Officer Sales Commission Plan, which define commission structures for key sales and officer roles for 2026. These plans are provided as exhibits to the report, giving more detail on how variable pay will be calculated for these groups.