Vanguard Capital Management filed a Schedule 13G with the SEC on October 30, 2026, disclosing beneficial ownership of 4,071,593 shares of FuelCell Energy Inc common stock as of September 30, 2026.

Key Highlights

  • Aggregate beneficial ownership: Vanguard Capital Management reported beneficially owning 4,071,593 shares of FuelCell Energy Inc common stock.
  • Percent of class: The reported stake represents 5.09% of the outstanding class of common stock.
  • Sole dispositive power: Vanguard Capital Management holds sole power to dispose of all 4,071,593 shares reported.
  • Sole voting power: Sole voting power covers 600,649 shares, with 0 shares subject to shared voting power.
  • Triggering date: The event requiring this filing occurred on September 30, 2026.
  • Affiliates included: The filing covers securities beneficially owned by Vanguard Capital Management LLC and affiliates including Vanguard Asset Management Limited, Vanguard Fiduciary Trust Company, Vanguard Global Advisers, LLC, and Vanguard Investments Australia Ltd.

Vanguard Capital Management Crosses 5% Threshold in FuelCell Energy Common Stock

According to the Schedule 13G filed on October 30, 2026, Vanguard Capital Management, organized in Pennsylvania and headquartered at 100 Vanguard Blvd, Malvern, PA, 19355, reported beneficial ownership of 4,071,593 shares of FuelCell Energy Inc (NASDAQ:FCEL) common stock (CUSIP 35952H700). The filing identifies Vanguard Capital Management as an investment adviser (type "IA") and states the triggering event date as September 30, 2026.

The filing reports that Vanguard Capital Management holds sole dispositive power over all 4,071,593 shares and sole voting power over 600,649 shares. Shared voting power and shared dispositive power are each reported as 0. The filing states that this Schedule 13G reflects securities beneficially owned by Vanguard Capital Management LLC and certain affiliates, specifically Vanguard Asset Management Limited, Vanguard Fiduciary Trust Company, Vanguard Global Advisers, LLC, and Vanguard Investments Australia Ltd, in accordance with SEC Release No. 34-39538 (January 12, 1998).

Regarding the right to receive dividends or proceeds from sale, the filing discloses that "Vanguard Capital Management, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein." The filing also states that no single other person's interest in the reported securities exceeds 5%. The document was signed by My Trieu-Gatt, Authorized Signatory and Head of Global Fund Administration, on October 30, 2026.

What Was Disclosed

Vanguard Capital Management filed a Schedule 13G disclosing beneficial ownership of 4,071,593 shares, or 5.09%, of FuelCell Energy Inc common stock as of September 30, 2026, with sole dispositive power over all reported shares and sole voting power over 600,649 shares.