Stock grant and tax withholding for Blink Charging (BLNK) CEO
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Blink Charging Co. President and CEO Michael C. Battaglia received a grant of 406,901 restricted stock units, each representing one share of common stock, under the company’s 2018 Incentive Compensation Plan. The units vested immediately on the grant date, and 197,817 shares were withheld to satisfy tax withholding obligations. Following these transactions, Battaglia directly owns 476,179 shares of Blink Charging common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Battaglia Michael C.
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.001 per share | 406,901 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.001 per share | 197,817 | $0.6571 | $130K |
Holdings After Transaction:
Common Stock, par value $0.001 per share — 673,996 shares (Direct)
Footnotes (1)
- The Reporting Person received restricted stock units granted under the Issuer's 2018 Incentive Compensation Plan. Each restricted stock unit represents one share of the issuer's common stock. The restricted stock units vested immediately on the grant date. This transaction represents the withholding of shares of common stock to satisfy the tax withholding obligations following the vesting of the restricted stock units reported in Table I.
FAQ
What insider transaction did Blink Charging (BLNK) report for its CEO?
Blink Charging reported that President and CEO Michael C. Battaglia received 406,901 restricted stock units that vested immediately. In connection with this grant, 197,817 shares were withheld to cover tax obligations, leaving him with 476,179 shares of common stock held directly.
Was the Blink Charging (BLNK) CEO’s stock award an open-market purchase or a grant?
The CEO’s transaction was a stock grant, not an open-market purchase. He received 406,901 restricted stock units under Blink Charging’s 2018 Incentive Compensation Plan, which vested immediately, with a portion of the resulting shares withheld to cover related tax liabilities.
What plan governed the CEO’s restricted stock units at Blink Charging (BLNK)?
The restricted stock units granted to Michael C. Battaglia were issued under Blink Charging’s 2018 Incentive Compensation Plan. Each restricted stock unit represents one share of common stock, and the units reported in this Form 4 fully vested on the grant date.