Blink Charging (BLNK) grants 260,558 RSUs to company director
Rhea-AI Filing Summary
Blink Charging Co. director Dennis Charles Schemm reported an equity grant. He acquired 260,558 restricted stock units of common stock for service as a director during 2026-2027 under the company’s 2018 Incentive Compensation Plan. Each unit equals one share and vests on June 29, 2027, with 260,558 shares held directly after the grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 260,558 shares
Net Buy
1 txn
Insider
Schemm Dennis Charles
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.001 per share ("Common Stock") F1 | 260,558 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock, par value $0.001 per share ("Common Stock") — 260,558 shares (Direct)
Footnotes (1)
- F1. The Reporting Person received restricted stock units granted under the Issuer's 2018 Incentive Compensation Plan with respect to service as a director during 2026-2027. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. The restricted stock units vest on June 29, 2027.
Key Figures
RSUs granted: 260,558 units
Price per share: $0.0000
Shares owned after transaction: 260,558 shares
+2 more
5 metrics
RSUs granted
260,558 units
Restricted stock units granted for director service during 2026-2027
Price per share
$0.0000
Reported transaction price per share for the RSU grant
Shares owned after transaction
260,558 shares
Total common stock shown as directly owned following the grant
Vesting date
June 29, 2027
Date on which the restricted stock units vest
Incentive plan year
2018
Grant made under the company’s 2018 Incentive Compensation Plan
Key Terms
restricted stock units, Incentive Compensation Plan, contingent right, vest
4 terms
restricted stock units financial
"The Reporting Person received restricted stock units granted under the Issuer's 2018 Incentive"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Incentive Compensation Plan financial
"restricted stock units granted under the Issuer's 2018 Incentive Compensation Plan with respect"
An incentive compensation plan is a formal program that rewards employees and executives with bonuses, stock, or other payments tied to specific performance goals—such as revenue, profit, productivity, or long‑term share price. Investors watch these plans because they shape how leaders make decisions and take risks; like paying a coach by wins rather than effort, well‑designed plans can drive sustainable growth while poor designs can encourage short‑term behaviors that harm shareholder value.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
vest financial
"The restricted stock units vest on June 29, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Blink Charging (BLNK) director Dennis Schemm acquire in this Form 4 filing?
Dennis Schemm received 260,558 restricted stock units of Blink Charging common stock as a grant for his 2026-2027 board service. Each RSU represents a contingent right to receive one share of common stock, subject to future vesting conditions.
When do Dennis Schemm’s newly granted RSUs at Blink Charging (BLNK) vest?
The restricted stock units vest on June 29, 2027. Until that vesting date, they remain contingent rights and do not deliver actual shares. Upon vesting, each RSU converts into one share of Blink Charging common stock, subject to plan terms.
What plan governs the 260,558 RSU award to the Blink Charging (BLNK) director?
The award was granted under Blink Charging’s 2018 Incentive Compensation Plan. The filing states the RSUs compensate Dennis Schemm for service as a director during 2026-2027 and provide a contingent right to receive common shares if vesting conditions are met.
Was Dennis Schemm’s Blink Charging (BLNK) equity grant made under a Rule 10b5-1 plan?
The Form 4’s Rule 10b5-1 checkbox is not marked as affirmative, indicating the reported RSU grant is not designated as made pursuant to a Rule 10b5-1 trading plan. The transaction is characterized as a grant or award acquisition.