Blink Charging Director Shows Confidence with Net Share Increase Despite Tax Sale
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
48,649 shares exercised/converted
Mixed
3 txns
Insider
van Montfrans Ritsaart J.M.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 24,082 | $0.917 | $22K |
| Exercise | Restricted Stock Unit | 48,649 | $0.00 | -- |
| Exercise | Common Stock, par value $0.001 per share ("Common Stock") | 48,649 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 70,345 shares (Direct);
Restricted Stock Unit — 0 shares (Direct);
Common Stock, par value $0.001 per share ("Common Stock") — 94,427 shares (Direct)
Footnotes (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. This transaction represents the withholding of shares of common stock to satisfy the tax obligations following the vesting of the restricted stock units. 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.
FAQ
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.