EVgo (NASDAQ: EVGO) CEO Badar Khan reports RSU vesting and tax share withholding

Rhea-AI Filing Summary

EVgo Inc. Chief Executive Officer Badar Khan reported routine equity compensation activity. On February 1, 2026, 189,933 restricted stock units (RSUs) awarded under EVgo’s 2021 Long Term Incentive Plan vested, and were converted into 189,933 shares of Class A common stock at an exercise price of $0 per share.

To cover tax obligations, 50,266 shares of Class A common stock were withheld at a settlement price of $3.01 per share, based on the January 30, 2026 closing price. After these transactions, Khan beneficially owned 880,715 shares of Class A common stock directly and 379,868 RSUs directly.

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

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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^*

Khan Badar

(Last) (First) (Middle)

C/O EVGO INC.

1661 EAST FRANKLIN AVENUE

(Street)

EL SEGUNDO CA 90245

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
EVgo Inc. [ EVGO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/01/2026

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
Class A Common Stock(1)	02/01/2026		M		189,933	A	$0	930,981	D
Class A Common Stock	02/01/2026		F		50,266	D	$3.01(2)	880,715	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 Units	(1)	02/01/2026		M			189,933	(3)	(3)	Class A Common Stock	189,933	$0.00	379,868	D

Explanation of Responses:

1. Restricted stock units ("RSUs") awarded under the Issuer's 2021 Long Term Incentive Plan (the "Plan"). Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's Class A common stock, $0.0001 par value ("Class A Common Stock").

2. On February 1, 2026, the Reporting Person's RSUs vested. The closing price of the Class A Common Stock on January 30, 2026 was the settlement price used to calculate the shares withheld.

3. The RSUs vest in three equal annual installments on each of the first three anniversaries of February 1, 2025, subject to the Reporting Person's continued employment through each vesting date. The Form 4 filed on March 18, 2025 reporting the RSU grant noted that such RSUs vested in three equal installments beginning on their grant date instead of February 1, 2025.

	/s/ Badar Khan, by Francine Sullivan, as Attorney-in-Fact	02/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did EVGO CEO Badar Khan report on February 1, 2026?

Badar Khan reported vesting of 189,933 restricted stock units (RSUs) that converted into the same number of EVgo Class A common shares at $0 exercise price. This reflects scheduled equity compensation vesting under EVgo’s 2021 Long Term Incentive Plan, not an open-market purchase.

How many EVGO shares were withheld for taxes in Badar Khan’s Form 4?

The Form 4 shows 50,266 EVgo Class A shares were withheld in a transaction coded “F” to satisfy tax obligations. The withholding used a settlement price of $3.01 per share, based on the January 30, 2026 closing price of EVgo’s Class A common stock.

How many EVGO shares does CEO Badar Khan own after these transactions?

After the reported transactions, Badar Khan directly owned 880,715 shares of EVgo Class A common stock. He also directly held 379,868 RSUs, each representing a contingent right to receive one share of EVgo Class A common stock upon future vesting, subject to continued employment.

What are the key details of Badar Khan’s RSU award at EVGO?

Khan’s RSUs were granted under EVgo’s 2021 Long Term Incentive Plan. Each RSU represents the right to receive one Class A share upon vesting. The award vests in three equal annual installments on the first three anniversaries of February 1, 2025, contingent on continued employment.

Was the EVGO CEO’s February 2026 Form 4 an open-market stock sale?

No, the Form 4 primarily reflects RSU vesting and tax withholding. Shares were issued at $0 exercise price when RSUs vested, and 50,266 shares were withheld at $3.01 per share for taxes. It does not show a discretionary open-market sale by the CEO.

How often do Badar Khan’s EVGO RSUs vest based on this filing?

The filing states the RSUs vest in three equal annual installments on each of the first three anniversaries of February 1, 2025. Continued employment through each vesting date is required, meaning additional tranches are scheduled to vest annually if he remains employed.