Plug Power director granted 3,558 company shares
Angle Colin M reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Angle Colin M reported acquisition or exercise transactions in this Form 4 filing.
Plug Power Inc. director Colin M. Angle received an award of 3,558 shares of Common Stock, granted as compensation under the company’s Non-Employee Director Compensation Plan. The shares were valued at $2.71 per share on the grant date, and his direct holdings increased to 153,102 shares following this transaction.
Positive
- None.
Negative
- None.
Insights
Routine equity grant increases director’s stake in Plug Power.
Director Colin M. Angle received 3,558 Plug Power common shares as a stock grant at $2.71 per share. A footnote explains this is compensation under the Non-Employee Director Compensation Plan, indicating a standard, board-approved pay practice rather than an open-market trade.
After the award, Angle holds 153,102 shares directly, so the grant adds a relatively small increment to his existing position. Because this is routine equity compensation and not a discretionary buy or sell, it typically carries limited information about short-term sentiment and does not materially change the overall investment thesis.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,558 | $2.71 | $10K |
Footnotes (1)
- F1. Compensation awarded to directors pursuant to Plug Power Inc.'s Non-Employee Director Compensation Plan.
Key Figures
Key Terms
Non-Employee Director Compensation Plan financial
grant/award acquisition financial
Common Stock financial
FAQ
What did Plug Power (PLUG) director Colin M. Angle report in this Form 4?
Was the Plug Power (PLUG) Form 4 transaction a market purchase or sale?
What price was used for Colin Angle’s Plug Power (PLUG) stock grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.