STOCK TITAN

EVgo (NASDAQ: EVGO) director gains 43,830 shares as RSUs vest into stock

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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

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Negative

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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)
  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.
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
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""
SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
MOTLAGH KATHERINE

(Last)(First)(Middle)
C/O EVGO INC.
1661 EAST FRANKLIN AVENUE

(Street)
EL SEGUNDO CALIFORNIA 90245

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
EVgo Inc. [ EVGO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock(1)04/01/2026M43,830A(1)144,282D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)04/01/2026M43,830 (2) (2)Class A Common Stock43,830$0.000(2)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. 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.
/s/ Katherine Motlagh, by Francine Sullivan, as Attorney-in-Fact04/03/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)