Blink Charging (BLNK) CFO granted 131,665 RSUs, 60,170 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Blink Charging Co. Chief Financial Officer Michael Bercovich reported routine equity compensation activity. He received 131,665 shares of common stock as a grant of restricted stock units that vested immediately, with each unit representing one share of common stock. To cover tax withholding obligations from this vesting, 60,170 shares were withheld at a value of $0.6571 per share. After these transactions, Bercovich directly owns 230,517 shares of Blink Charging common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Bercovich Michael
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.001 per share | 131,665 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.001 per share | 60,170 | $0.6571 | $40K |
Holdings After Transaction:
Common Stock, par value $0.001 per share — 290,687 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 CFO Michael Bercovich?
Blink Charging reported that CFO Michael Bercovich received a grant of 131,665 restricted stock units that vested immediately. Each unit equals one share of common stock, increasing his direct equity stake as part of routine executive compensation.
How were the restricted stock units for Blink Charging (BLNK) CFO structured?
The restricted stock units were granted under Blink Charging’s 2018 Incentive Compensation Plan. Each unit represents one share of common stock, and the units vested immediately on the grant date, converting directly into common shares for the CFO.