EVgo (EVGO) awards 63,745 restricted stock units to board director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MOTLAGH KATHERINE reported acquisition or exercise transactions in this Form 4 filing.
EVgo Inc. director Katherine Motlagh received a grant of restricted stock units as part of her equity compensation. She was awarded 63,745 RSUs under EVgo's 2021 Long Term Incentive Plan, with each unit representing the right to receive one share of Class A common stock upon vesting.
The RSUs were granted on May 20, 2026 and will vest in full on the first anniversary of April 1, 2026, as long as she continues serving as a director through that date. Following this award, the filing shows Motlagh holding 63,745 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MOTLAGH KATHERINE
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 63,745 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 63,745 shares (Direct, null)
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, 2026. The RSUs will vest in full on the first anniversary of April 1, 2026, subject to the Reporting Person's continued service as a director through such vesting date.
Key Figures
RSU grant size: 63,745 RSUs
RSU grant price: $0.00 per unit
Underlying shares: 63,745 shares Class A common stock
+1 more
4 metrics
RSU grant size
63,745 RSUs
Awarded to director Katherine Motlagh on May 20, 2026
RSU grant price
$0.00 per unit
Grant classified as a compensation award, not a market purchase
Underlying shares
63,745 shares Class A common stock
Each RSU represents one share upon vesting
Holdings after grant
63,745 RSUs
Total derivative holdings following the reported transaction
Key Terms
Restricted Stock Units, 2021 Long Term Incentive Plan, Class A common stock, vest in full
4 terms
Restricted Stock Units financial
"Restricted stock units ("RSUs") awarded under the Issuer's 2021 Long Term Incentive 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.
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.
vest in full financial
"The RSUs will vest in full on the first anniversary of April 1, 2026"
FAQ
What insider transaction did EVgo (EVGO) report for director Katherine Motlagh?
EVgo reported an equity award to director Katherine Motlagh. She received 63,745 restricted stock units under the 2021 Long Term Incentive Plan, each linked to one share of Class A common stock, as part of her board compensation package.
How many restricted stock units did EVgo (EVGO) grant to Katherine Motlagh?
EVgo granted 63,745 restricted stock units to Katherine Motlagh. These RSUs were awarded on May 20, 2026 and represent potential future shares of Class A common stock, subject to vesting and continued service as a director.
What is the vesting schedule for Katherine Motlagh’s EVgo (EVGO) RSUs?
Motlagh’s EVgo RSUs vest in a single future tranche. The 63,745 RSUs will vest in full on the first anniversary of April 1, 2026, provided she continues to serve as a director through that vesting date as described in the grant terms.
Do Katherine Motlagh’s EVgo (EVGO) RSUs involve an open-market purchase or sale?
No, the RSUs are a compensation grant, not a market trade. The filing classifies the transaction as a grant or award acquisition with a $0.00 price per unit, rather than an open-market buy or sell of existing shares.
What does each EVgo (EVGO) RSU granted to Katherine Motlagh represent?
Each RSU represents the right to receive one EVgo share. Upon vesting, every restricted stock unit converts into one share of EVgo’s Class A common stock with $0.0001 par value, aligning director compensation with shareholder equity over time.
How many EVgo (EVGO) RSUs does Katherine Motlagh hold after this grant?
After the grant, Motlagh holds 63,745 RSUs in total. The Form 4 shows her derivative holdings following the transaction equal to the full 63,745 restricted stock units awarded on May 20, 2026, all held directly.