EVgo (NASDAQ: EVGO) director gains 43,830 shares as RSUs vest into stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EVgo Inc. director Katherine Motlagh acquired 43,830 shares of Class A common stock through the vesting and conversion of restricted stock units. The RSUs, granted under EVgo's 2021 Long Term Incentive Plan, were awarded on May 20, 2025 and vested in full on the first anniversary of April 1, 2025, subject to her continued board service. Following the conversion, she holds 144,282 shares of Class A common stock directly, reflecting routine equity-based compensation rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
43,830 shares exercised/converted
Mixed
2 txns
Insider
MOTLAGH KATHERINE
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 43,830 | $0.00 | -- |
| Exercise | Class A Common Stock | 43,830 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Class A Common Stock — 144,282 shares (Direct)
Footnotes (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"). RSUs awarded to the Reporting Person on May 20, 2025 under the Plan. The RSUs vested in full on the first anniversary of April 1, 2025, subject to the Reporting Person's continued service as a director through such vesting date.
Key Figures
RSUs converted: 43,830 units
Shares acquired: 43,830 shares
Holdings after transaction: 144,282 shares
+2 more
5 metrics
RSUs converted
43,830 units
Restricted stock units exercised and converted on April 1, 2026
Shares acquired
43,830 shares
Class A common stock received from RSU conversion
Holdings after transaction
144,282 shares
Direct Class A common stock owned after RSU settlement
RSU grant date
May 20, 2025
Award date under 2021 Long Term Incentive Plan
Vesting condition
First anniversary of April 1, 2025
Full vesting subject to continued service as director
Key Terms
Restricted stock units ("RSUs"), 2021 Long Term Incentive Plan, Class A common stock, Exercise or conversion of derivative security
4 terms
Restricted stock units ("RSUs") financial
"Restricted stock units ("RSUs") awarded under the Issuer's 2021 Long Term Incentive Plan"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2021 Long Term Incentive Plan financial
"RSUs awarded under the Issuer's 2021 Long Term Incentive Plan (the "Plan")"
Class A common stock financial
"one share of the Issuer's Class A common stock, $0.0001 par value"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""