Blink Charging (BLNK) awards 238,550 RSUs to director Jack Levine
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LEVINE JACK reported acquisition or exercise transactions in this Form 4 filing.
Blink Charging Co. director Jack Levine received an equity grant of 238,550 shares of Common Stock as a restricted stock unit award under the company’s 2018 Incentive Compensation Plan for service during 2026-2027. The award was recorded at $0.00 per share as share-based compensation, not an open-market trade.
Each restricted stock unit represents a contingent right to receive one share of Common Stock and vests on the earlier of June 30, 2027 or the date immediately preceding Blink Charging’s next annual meeting of stockholders. After this grant, Levine holds 445,529 shares directly and 193,857 shares indirectly through the Jack Levine Revocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
LEVINE JACK
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.001 per share ("Common Stock") | 238,550 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.001 per share ("Common Stock") — 445,529 shares (Direct, null);
Common Stock — 193,857 shares (Indirect, By Jack Levine Revocable Trust)
Footnotes (1)
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Key Figures
RSU grant size: 238,550 shares
Grant price: $0.00 per share
Direct holdings after grant: 445,529 shares
+2 more
5 metrics
RSU grant size
238,550 shares
Restricted stock units granted for 2026-2027 director service
Grant price
$0.00 per share
Recorded value per share for the RSU award
Direct holdings after grant
445,529 shares
Common Stock directly owned by Jack Levine following the award
Indirect holdings
193,857 shares
Common Stock held indirectly via Jack Levine Revocable Trust
Vesting date
June 30, 2027
Latest vesting date for the restricted stock units
Key Terms
restricted stock units, 2018 Incentive Compensation Plan, contingent right, annual meeting of stockholders
4 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"
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock"
annual meeting of stockholders 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 of stockholders"
FAQ
What did Blink Charging (BLNK) director Jack Levine report in this Form 4?
Jack Levine reported receiving 238,550 restricted stock units of Blink Charging common stock as compensation. The units were granted at $0.00 per share and are tied to his service as a director during 2026-2027 under the company’s 2018 Incentive Compensation Plan.
When do Jack Levine’s Blink Charging restricted stock units vest?
The restricted stock units vest on the earlier of June 30, 2027 or the date immediately before Blink Charging’s next annual meeting of stockholders. Until vesting, the award represents a contingent right to receive one share of common stock for each granted unit.
Was Jack Levine’s Blink Charging transaction a market purchase or sale?
The filing shows no open-market purchase or sale. Instead, Jack Levine received 238,550 shares via a restricted stock unit grant recorded at $0.00 per share, reflecting equity compensation rather than a buy or sell order in the market.