Plug Power (NASDAQ: PLUG) director receives 8,850-share equity grant under compensation plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Joggerst Patrick reported acquisition or exercise transactions in this Form 4 filing.
PLUG POWER INC director Patrick Joggerst received a grant of 8,850 shares of Common Stock as compensation. The shares were awarded on April 1, 2026 under Plug Power Inc.'s Non-Employee Director Compensation Plan at a reported price of $2.26 per share.
Following this equity award, Joggerst directly holds 205,787 shares of Plug Power common stock. This transaction reflects a compensation-related share grant rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Joggerst Patrick
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,850 | $2.26 | $20K |
Holdings After Transaction:
Common Stock — 205,787 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 8,850 shares
Grant price: $2.26 per share
Shares owned after grant: 205,787 shares
+1 more
4 metrics
Shares granted
8,850 shares
Common Stock award on April 1, 2026
Grant price
$2.26 per share
Reported value for compensation award
Shares owned after grant
205,787 shares
Total direct holdings following transaction
Transaction code
A (grant/award acquisition)
Non-derivative Common Stock transaction
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
"Compensation awarded to directors pursuant to Plug Power Inc.'s Common Stock plan."
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 regulatory
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did PLUG director Patrick Joggerst report on this Form 4?
Patrick Joggerst reported receiving an award of 8,850 shares of Plug Power Common Stock. The grant was made as part of the Non-Employee Director Compensation Plan, reflecting equity-based compensation rather than an open-market stock purchase or sale.
At what price was Patrick Joggerst’s PLUG stock award valued on the transaction date?
The 8,850 Plug Power shares awarded to Patrick Joggerst were reported at $2.26 per share. This price is used in the Form 4 disclosure to value the compensation grant made under the company’s Non-Employee Director Compensation Plan on April 1, 2026.
Was Patrick Joggerst’s PLUG stock transaction an open-market buy or a compensation grant?
The transaction was a compensation grant, not an open-market buy. The Form 4 lists code “A” for grant, award, or other acquisition, and a footnote clarifies it was compensation under Plug Power’s Non-Employee Director Compensation Plan.
What plan governed the PLUG stock award to director Patrick Joggerst?
The 8,850-share award to Patrick Joggerst was granted under Plug Power Inc.'s Non-Employee Director Compensation Plan. The Form 4 footnote explains that the Common Stock was compensation awarded to directors pursuant to this plan, rather than a discretionary market transaction.