STOCK TITAN

EVgo (EVGO) awards 63,745 restricted stock units to board director

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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
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"
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)
05/20/2026
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
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)05/20/2026A63,745 (2) (2)Class A Common Stock63,745$063,745D
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, 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.
Remarks:
/s/ Katherine Motlagh, by Francine Sullivan, as Attorney-in-Fact05/20/2026
** 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)

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.