Director stock grant lifts Plug Power (PLUG) share holdings

Rhea-AI Filing Summary

Kenausis Gregory reported acquisition or exercise transactions in this Form 4 filing.

Plug Power Inc. director Gregory Kenausis received a grant of 3,980 shares of Common Stock as compensation. The shares were awarded at a value of $2.71 per share under Plug Power Inc.'s Non-Employee Director Compensation Plan. Following this award, Kenausis directly holds 514,412 shares of Plug Power common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Kenausis Gregory

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	3,980	$2.71	$11K

Holdings After Transaction: Common Stock — 514,412 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares granted: 3,980 shares Grant price per share: $2.71 per share Shares held after transaction: 514,412 shares +1 more

4 metrics

Shares granted 3,980 shares Director compensation award of Common Stock

Grant price per share $2.71 per share Value used for the 3,980-share stock grant

Shares held after transaction 514,412 shares Total direct Plug Power common shares held by Kenausis after award

Transaction date 2026-07-01 Date of director stock grant reported on Form 4

Key Terms

Non-Employee Director Compensation Plan, Common Stock, Grant, award, or other acquisition

3 terms

Non-Employee Director Compensation Plan financial

"Compensation awarded to directors pursuant to Plug Power Inc.'s Non-Employee Director Compensation Plan."

Common Stock financial

"security_title: Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/06/2026 - 04:24 PM Accepted by SEC EDGAR 07/06/2026 - 04:24 PM Learn about SEC filing dates

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

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^*

Kenausis Gregory

(Last) (First) (Middle)

C/O PLUG POWER INC.

125 VISTA BOULEVARD

(Street)

SLINGERLANDS NEW YORK 12159

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
PLUG POWER INC [ PLUG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/01/2026		A(1)		3,980	A	$2.71	514,412	D

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

Explanation of Responses:

1. Compensation awarded to directors pursuant to Plug Power Inc.'s Non-Employee Director Compensation Plan.

	/s/ Gerard L. Conway Jr., Attorney-in-Fact	07/06/2026
	** 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).
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 did Plug Power (PLUG) director Gregory Kenausis report on this Form 4?

Gregory Kenausis reported receiving a grant of 3,980 Plug Power common shares. The award was given as director compensation at a value of $2.71 per share, increasing his direct holdings to 514,412 shares after the transaction.

Was the Plug Power (PLUG) share transaction an open-market purchase or a grant?

The transaction was a grant, not an open-market purchase. The Form 4 uses code A for a grant, award, or other acquisition and the footnote states it was compensation under Plug Power Inc.'s Non-Employee Director Compensation Plan.

How many Plug Power (PLUG) shares does Gregory Kenausis hold after this grant?

After receiving the 3,980-share grant, Gregory Kenausis directly holds 514,412 Plug Power common shares. This total reflects his position immediately following the reported director compensation award on the Form 4 filing.

What price was used for the Plug Power (PLUG) director stock grant?

The 3,980-share director grant was valued at $2.71 per Plug Power share. This price represents the transaction price per share used to record the grant in the Form 4, rather than an open-market trade price.

Why did Plug Power (PLUG) grant shares to Gregory Kenausis?

The shares were granted as compensation for his service as a director. A footnote explains the 3,980-share award was made under Plug Power Inc.'s Non-Employee Director Compensation Plan, which governs stock-based compensation for outside board members.