Plug Power (PLUG) director granted 7,644 compensation shares
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 an equity grant of 7,644 shares of common stock. The shares were awarded at a price of $2.71 per share as compensation under Plug Power Inc.'s Non-Employee Director Compensation Plan. Following this grant, Joggerst directly holds 253,184 shares of Plug Power common stock. This is a routine, compensation-related award 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
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,644 | $2.71 | $21K |
Holdings After Transaction:
Common Stock — 253,184 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares granted: 7,644 shares
Grant price: $2.71 per share
Shares held after: 253,184 shares
3 metrics
Shares granted
7,644 shares
Equity award to director on July 1, 2026
Grant price
$2.71 per share
Reported price for common stock award
Shares held after
253,184 shares
Director’s direct holdings following the grant
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
"The reported security is Plug Power Inc. 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 A is described as Grant, award, or other acquisition."
FAQ
What did Plug Power (PLUG) director Patrick Joggerst report in this Form 4?
Patrick Joggerst reported receiving 7,644 shares of Plug Power common stock. The filing shows this was a grant awarded as director compensation rather than an open-market transaction, increasing his directly held stake to 253,184 shares after the award.
Was the Plug Power (PLUG) Form 4 transaction a stock purchase or a grant?
The Form 4 reports a stock grant, not a market purchase. Code A and the footnote indicate the 7,644 shares were compensation awarded under Plug Power Inc.'s Non-Employee Director Compensation Plan, reflecting routine director pay in equity form.
Is the Plug Power (PLUG) Form 4 transaction part of a director compensation plan?
Yes. A footnote states the 7,644-share award was compensation under Plug Power Inc.'s Non-Employee Director Compensation Plan. This indicates the transaction is a standard equity-based payment for board service rather than a discretionary trading decision.