Plug Power (PLUG) director granted 39,753 shares and matching options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Plug Power director Mark J. Bonney received new equity awards. On June 11, 2026, he was granted 39,753 shares of common stock as a restricted stock award under Plug Power Inc.’s 2021 Stock Option and Incentive Plan and Non-Employee Director Compensation Plan.
The restricted stock vests in full on the first anniversary of the grant date, subject to his continued board service. He also received stock options for 39,753 shares of common stock at an exercise price of $2.83 per share, expiring on June 11, 2036, which vest in full after one year. Following these grants, Bonney directly holds 262,766 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
BONNEY MARK J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 39,753 | $0.00 | -- |
| Grant/Award | Common Stock | 39,753 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 39,753 shares (Direct, null);
Common Stock — 262,766 shares (Direct, null)
Footnotes (1)
- Consists of a restricted stock award made pursuant to the Plug Power Inc. 2021 Stock Option and Incentive Plan, as amended, in accordance with the Non-Employee Director Compensation Plan. The restricted stock shall vest in full on the first anniversary of the grant date, subject to the Reporting Person's continued service on such vesting date. Stock option granted pursuant to the Plug Power Inc. 2021 Stock Option and Incentive Plan, as amended, in accordance with the Non-Employee Director Compensation Plan. The options shall vest in full on the first anniversary of the grant date, subject to the Reporting Person's continued service on such vesting date.
Key Figures
Restricted stock grant: 39,753 shares
Stock options granted: 39,753 options
Option exercise price: $2.83 per share
+2 more
5 metrics
Restricted stock grant
39,753 shares
Common stock award on June 11, 2026
Stock options granted
39,753 options
Right to buy common stock on June 11, 2026
Option exercise price
$2.83 per share
Conversion or exercise price for options
Option expiration
June 11, 2036
Expiration date of stock options
Shares held after transaction
262,766 shares
Total common shares directly held by Bonney
Key Terms
restricted stock award, Stock Option (Right to Buy), Non-Employee Director Compensation Plan, 2021 Stock Option and Incentive Plan, +1 more
5 terms
restricted stock award financial
"Consists of a restricted stock award made pursuant to the Plug Power Inc. 2021 Stock Option and Incentive Plan"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
Stock Option (Right to Buy) financial
"Stock Option (Right to Buy) with underlying security title Common Stock"
Non-Employee Director Compensation Plan financial
"in accordance with the Non-Employee Director Compensation Plan"
2021 Stock Option and Incentive Plan financial
"pursuant to the Plug Power Inc. 2021 Stock Option and Incentive Plan, as amended"
vesting financial
"The restricted stock shall vest in full on the first anniversary of the grant date"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.