STOCK TITAN

Blink Charging Director Shows Confidence with Net Share Increase Despite Tax Sale

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Blink Charging Director Reports RSU Vesting and Share Withholding

Director Ritsaart J.M. van Montfrans reported two key transactions in Blink Charging (BLNK) stock on June 25-26, 2025:

  • RSU Vesting: 48,649 restricted stock units vested on June 25, converting to common stock. These RSUs were originally granted on July 18, 2024, under the company's 2018 Incentive Compensation Plan for director service
  • Tax Withholding: 24,082 shares were withheld at $0.917 per share on June 26 to satisfy tax obligations from the RSU vesting

Following these transactions, van Montfrans now directly owns 70,345 shares of Blink Charging common stock. The filing indicates standard equity compensation practices for board members, with automatic tax withholding procedures in place.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
van Montfrans Ritsaart J.M.

(Last) (First) (Middle)
C/O BLINK CHARGING CO.
5081 HOWERTON WAY, SUITE A

(Street)
BOWIE MD 20715

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Blink Charging Co. [ BLNK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/25/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.001 per share ("Common Stock") 06/25/2025 M 48,649 A (1) 94,427 D
Common Stock 06/26/2025 F 24,082(2) D $0.917 70,345 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit (1) 06/25/2025 M 48,649 (3) (3) Common Stock 48,649 $0 0 D
Explanation of Responses:
1. This transaction represents the vesting of restricted stock units that were granted on July 18, 2024. Each restricted stock unit represents one share of Blink Charging Co. (the "Issuer") common stock.
2. This transaction represents the withholding of shares of common stock to satisfy the tax obligations following the vesting of the restricted stock units.
3. The Reporting Person received restricted stock units granted under the Issuer's 2018 Incentive Compensation Plan with respect to service as a director during 2024-2025. The restricted stock units vested on June 25, 2025.
/s/ Ritsaart van Montfrans 06/27/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many BLNK shares did Director van Montfrans acquire on June 25, 2025?

Director Ritsaart J.M. van Montfrans acquired 48,649 shares of BLNK common stock on June 25, 2025, through the vesting of restricted stock units that were granted on July 18, 2024.

How many BLNK shares were withheld for tax purposes from van Montfrans' RSU vesting?

24,082 shares of BLNK common stock were withheld at a price of $0.917 per share on June 26, 2025, to satisfy tax obligations following the vesting of the restricted stock units.

What is BLNK director van Montfrans' total share ownership after the reported transactions?

Following the reported transactions, Director van Montfrans beneficially owned 70,345 shares of BLNK common stock directly after the RSU vesting and subsequent tax withholding.

When were the BLNK restricted stock units originally granted to van Montfrans?

The restricted stock units were originally granted to van Montfrans on July 18, 2024, under the Issuer's 2018 Incentive Compensation Plan with respect to his service as a director during 2024-2025.
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