Blink Charging (BLNK) director gets stock grant and has shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Blink Charging Co. director Ritsaart J.M. van Montfrans reported routine equity compensation and related tax withholding. On June 30, 2026, he received 286,260 shares of Common Stock at $0.00 per share as a grant under the company’s 2018 Incentive Compensation Plan. On July 1, 2026, 97,165 shares were withheld at an indicated value of $0.61 per share to cover tax obligations following restricted stock unit vesting, rather than sold in the open market. After these transactions, he directly held 455,732 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
van Montfrans Ritsaart J.M.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 97,165 | $0.61 | $59K |
| Grant/Award | Common Stock, par value $0.001 per share ("Common Stock") | 286,260 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 455,732 shares (Direct, null);
Common Stock, par value $0.001 per share ("Common Stock") — 552,897 shares (Direct, null)
Footnotes (1)
- 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 upon the earlier of (a) June 30, 2027 or (b) the date immediately preceding the Issuer's next annual meeting of stockholders. This transaction represents the withholding of shares of Common Stock to satisfy the tax withholding obligations following the vesting of restricted stock units.
Key Figures
Equity grant: 286,260 shares
Tax-withheld shares: 97,165 shares
Holding after transactions: 455,732 shares
+2 more
5 metrics
Equity grant
286,260 shares
Common Stock awarded at $0.00 per share on June 30, 2026
Tax-withheld shares
97,165 shares
Withheld to satisfy tax obligations at $0.61 per share on July 1, 2026
Holding after transactions
455,732 shares
Director’s direct Common Stock holdings following grant and tax withholding
Indicated share value
$0.61/share
Value used for 97,165-share tax-withholding disposition
Grant price
$0.00/share
Price for 286,260-share Common Stock grant under 2018 Incentive Compensation Plan
Key Terms
restricted stock units, 2018 Incentive Compensation Plan, tax withholding obligations, contingent right to receive one share, +1 more
5 terms
restricted stock units financial
"The Reporting Person received restricted stock units granted under the Issuer's 2018 Incentive Compensation Plan..."
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.
2018 Incentive Compensation Plan financial
"restricted stock units granted under the Issuer's 2018 Incentive Compensation Plan with respect to service as a director..."
tax withholding obligations financial
"represents the withholding of shares of Common Stock to satisfy the tax withholding obligations following the vesting..."
vesting financial
"The restricted stock units vest upon the earlier of (a) June 30, 2027 or (b) the date immediately preceding the Issuer's next annual meeting..."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transactions did Blink Charging (BLNK) report for Ritsaart van Montfrans?
Blink Charging director Ritsaart van Montfrans received a grant of 286,260 shares of Common Stock at $0.00 per share, then had 97,165 shares withheld to satisfy tax obligations. After these compensation-related transactions, he directly held 455,732 Blink Charging shares.
Was the Blink Charging (BLNK) insider activity an open-market sale or purchase?
The filing shows no open-market buys or sells. It records a stock grant of 286,260 shares and a 97,165-share tax-withholding disposition following restricted stock unit vesting, which is a mechanistic tax payment method rather than discretionary market trading.
What equity award did Blink Charging (BLNK) grant to Ritsaart van Montfrans?
Blink Charging granted Ritsaart van Montfrans 286,260 shares of Common Stock at $0.00 per share, linked to service as a director during 2026–2027 under the 2018 Incentive Compensation Plan, with restricted stock units vesting upon specified future dates or events.
How do the restricted stock units in this Blink Charging (BLNK) filing vest?
The restricted stock units underlying the grant vest on the earlier of June 30, 2027, or the date immediately before Blink Charging’s next annual stockholder meeting. Each vested unit entitles the holder to receive one share of the company’s Common Stock upon settlement.