Plug Power director awarded 3,688 shares in stock grant
Marsh Andrew reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Marsh Andrew reported acquisition or exercise transactions in this Form 4 filing.
PLUG POWER INC director Andrew Marsh received a stock grant and corrected prior share counts. He was awarded 3,688 shares of common stock at $2.26 per share as compensation under Plug Power’s Non-Employee Director Compensation Plan, bringing his directly held shares to 853,378.
Previous reports had overstated his direct holdings; they included gross shares instead of net shares after tax withholding on stock compensation. Those prior holdings were revised down by 80,856 shares to 849,690 before this grant. Marsh also holds 121,878 Plug Power shares in the company’s 401(k) plan, based on a statement as of April 9, 2026.
Positive
- None.
Negative
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Insider Trade Summary
Grant/Award: 3,688 shares
Grant/Award
2 txns
Insider
Marsh Andrew
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,688 | $2.26 | $8K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 853,378 shares (Direct);
Common Stock — 121,878 shares (Indirect, 401(k) Plan)
Footnotes (3)
- F1. Compensation awarded to directors pursuant to Plug Power Inc.'s Non-Employee Director Compensation Plan.
- F2. The Reporting Person's total holdings were previously reported as 930,546 shares. Such amount was overstated because prior reports reflected gross shares of common stock received as compensation pursuant to the Reporting Person's election to receive shares in lieu of cash compensation rather than net shares received after withholding for taxes. The Reporting Person's holdings have been revised to reflect net shares received after withholding for taxes, resulting in a reduction of 80,856 shares to 849,690 shares. After giving effect to the transaction reported herein, the Reporting Person's total holdings are 853,378 shares. This correction relates solely to prior reporting and does not reflect any additional or previously unreported transactions by the Reporting Person.
- F3. The Reporting Person holds 121,878 shares of common stock in Plug Power Inc.'s 401(k) plan. The information in this report is based on a plan statement as of April 9, 2026.
Key Figures
Director stock grant: 3,688 shares at $2.26
Direct holdings after grant: 853,378 shares
Holdings correction amount: 80,856 shares
+2 more
5 metrics
Director stock grant
3,688 shares at $2.26
Common stock grant on April 1, 2026
Direct holdings after grant
853,378 shares
Andrew Marsh common stock directly held after transaction
Holdings correction amount
80,856 shares
Reduction from prior overstated direct holdings
Corrected prior direct holdings
849,690 shares
Direct shares after correction, before new grant
401(k) plan holdings
121,878 shares
Common stock in Plug Power 401(k) plan as of April 9, 2026
Key Terms
Non-Employee Director Compensation Plan, grant, award, or other acquisition, 401(k) plan, withholding for taxes
4 terms
Non-Employee Director Compensation Plan financial
"Compensation awarded to directors pursuant to Plug Power Inc.'s Non-Employee Director Compensation Plan."
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
401(k) plan financial
"The Reporting Person holds 121,878 shares of common stock in Plug Power Inc.'s 401(k) plan."
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
withholding for taxes financial
"net shares received after withholding for taxes, resulting in a reduction of 80,856 shares"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Plug Power (PLUG) director Andrew Marsh report in this Form 4?
Andrew Marsh reported receiving a grant of 3,688 Plug Power common shares as director compensation. The filing also corrects previously overstated share counts and updates his total direct and 401(k) plan holdings in the company.
How were Andrew Marsh’s prior Plug Power (PLUG) holdings corrected in this filing?
Previously, his holdings were reported as 930,546 shares, using gross compensation shares. This filing revises them to 849,690 net shares after tax withholding, a reduction of 80,856 shares, before adding the new 3,688-share director grant.
Is Andrew Marsh’s Plug Power (PLUG) stock grant an open-market purchase or compensation?
The 3,688 Plug Power shares are a compensation-related stock grant, not an open-market purchase. They were awarded under the Non-Employee Director Compensation Plan as part of his director fees, with a reported value of $2.26 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.
