Director Maureen Helmer sells 50,000 Plug Power (PLUG) shares in planned trade
Rhea-AI Filing Summary
PLUG POWER INC director Maureen O. Helmer reported an open-market sale of 50,000 shares of common stock at a weighted average price of $3.2324 per share. After this transaction, she directly holds 321,565 shares. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 9, 2026, indicating it was scheduled in advance rather than timed opportunistically.
Positive
- None.
Negative
- None.
Insights
Director sold 50,000 PLUG shares under a pre-set 10b5-1 plan.
Director Maureen O. Helmer executed an open-market sale of 50,000 shares of PLUG POWER INC common stock at a weighted average of $3.2324 per share. This is a direct sale, not via an entity, and uses standard open-market mechanics.
The filing shows she continues to own 321,565 shares after the transaction, so she retains a substantial position. A footnote states the trades were made pursuant to a Rule 10b5-1 trading plan adopted on March 9, 2026, meaning the sales were pre-scheduled, which typically reduces the informational value of the exact timing.
Because this is a single, pre-planned director sale without other financial disclosures, it is best viewed as routine portfolio management rather than a clear signal about the company’s fundamentals or outlook.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 50,000 | $3.2324 | $162K |
Footnotes (1)
- These sales were effected by the Reporting Person pursuant to a Rule 10b5-1 trading plan adopted on March 9, 2026. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.17 to $3.33, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.