EVgo (EVGO) CFO receives new RSU and PRSU equity grants

Rhea-AI Filing Summary

EVgo Inc. reported an equity compensation grant to its Chief Financial Officer, Lehner Keefer McGovern. On February 2, 2026, the CFO received 32,776 restricted stock units (RSUs) and 65,552 performance-based RSUs (PRSUs) under EVgo’s 2021 Long Term Incentive Plan.

The RSUs vest in full on the first anniversary of February 2, 2026, contingent on continued employment. The PRSUs vest in three annual installments starting from that date, but only if EVgo’s Class A common stock reaches specified stock price targets any time before February 2, 2031, and the CFO remains in continuous service.

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^*

Lehner Keefer McGovern

(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)

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

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

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

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)(2)	02/02/2026		A		32,776		(2)	(2)	Class A Common Stock	32,776	$0.00	32,776	D
Performance-Based Restricted Stock Units	(3)	02/02/2026		A		65,552		(3)	(3)	Class A Common Stock	65,552	$0.00	65,552	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. The RSUs vest in full on the first anniversary of February 2, 2026, subject to the Reporting Person's continued employment through such vesting date.

3. Performance-based restricted stock units ("PRSUs") awarded under the Plan. Each PRSU represents a contingent right to receive one share of Class A Common Stock. The PRSUs will vest subject to the independent satisfaction of both a time and performance condition, with the time condition being satisfied in three equal installments on each of the first three anniversaries of February 2, 2026, and the performance condition for each tranche of PRSUs being satisfied if the Class A Common Stock achieves a specified per share stock price (calculated based on a 15-day volume weighted average price) at any time prior to February 2, 2031. The PRSUs vest upon both the achievement of the applicable performance condition and the passing of the applicable installment date (or, if the performance condition is achieved subsequent to an installment date, on the date of such later achievement), subject to the continuous service of the Reporting Person through such date.

	/s/ Keefer Lehner, by Daniel McCanavan, as Attorney-in-Fact	02/04/2026
	** Signature of Reporting Person	Date
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).
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FAQ

What insider transaction did EVgo (EVGO) disclose for its CFO?

EVgo disclosed that its Chief Financial Officer, Lehner Keefer McGovern, received equity awards. These include 32,776 restricted stock units and 65,552 performance-based restricted stock units, all granted under the company’s 2021 Long Term Incentive Plan on February 2, 2026.

How many RSUs were granted to the EVgo (EVGO) CFO and when do they vest?

The EVgo CFO was granted 32,776 restricted stock units. These RSUs vest in full on the first anniversary of February 2, 2026, provided the executive remains employed with the company through that vesting date, according to the disclosed award terms.

What are the terms of the performance-based RSUs granted by EVgo (EVGO)?

The CFO received 65,552 performance-based RSUs. They vest over three equal installments on the first three anniversaries of February 2, 2026, but only if specified stock price performance conditions are met before February 2, 2031, and continuous service requirements are satisfied.

How do EVgo (EVGO) RSUs and PRSUs convert into common stock?

Each restricted stock unit and performance-based restricted stock unit represents a contingent right to receive one share of EVgo’s Class A common stock. Shares are delivered only upon satisfaction of the applicable vesting conditions described in the equity grant terms.

Did the EVgo (EVGO) CFO buy or sell any common shares in this Form 4?

The filing describes awards of restricted stock units and performance-based restricted stock units, not market purchases or sales. These derivative awards may convert into Class A common shares in the future if the vesting and performance conditions are met.