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[Form 4] Plug Power Inc. Insider Trading Activity

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(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

JPMorgan Chase & Co. filed Amendment No. 1 to its Schedule 13G reporting its beneficial ownership in Yum! Brands, Inc. (YUM) as of 30 June 2025. The bank and its subsidiaries disclose aggregate beneficial ownership of 18,165,911 common shares, representing 6.5 % of YUM’s outstanding stock. Within this total, JPMorgan has sole voting power over 16,397,437 shares and shared voting power over 157,631 shares; it holds sole dispositive power over 18,055,947 shares and shared dispositive power over 104,615 shares. The filer is organized in Delaware and certifies that the shares were acquired and are held in the ordinary course of business, without intent to influence control of the issuer. Subsidiaries listed as holding or managing the securities include J.P. Morgan Securities LLC, JPMorgan Chase Bank N.A., multiple international asset-management units, and others. The filing is made pursuant to Rule 13d-1(b) as JPMorgan qualifies as a parent holding company/control person. Signature was provided by Vice President Rachel Tsvaygoft on 24 July 2025.

JPMorgan Chase & Co. ha presentato l'Emendamento n. 1 al suo Schedule 13G, dichiarando la propria partecipazione azionaria in Yum! Brands, Inc. (YUM) al 30 giugno 2025. La banca e le sue controllate comunicano una partecipazione aggregata di 18.165.911 azioni ordinarie, pari al 6,5% del capitale sociale di YUM. Di questo totale, JPMorgan detiene il potere di voto esclusivo su 16.397.437 azioni e il potere di voto condiviso su 157.631 azioni; possiede inoltre il potere dispositvo esclusivo su 18.055.947 azioni e il potere dispositvo condiviso su 104.615 azioni. Il dichiarante è costituito nel Delaware e certifica che le azioni sono state acquisite e sono detenute nell'ordinario corso degli affari, senza l'intenzione di influenzare il controllo dell'emittente. Tra le controllate che detengono o gestiscono i titoli figurano J.P. Morgan Securities LLC, JPMorgan Chase Bank N.A., diverse unità internazionali di gestione patrimoniale e altre. La comunicazione è effettuata ai sensi della Regola 13d-1(b), poiché JPMorgan si qualifica come società madre/persona di controllo. La firma è stata apposta dalla Vicepresidente Rachel Tsvaygoft il 24 luglio 2025.

JPMorgan Chase & Co. presentó la Enmienda N.º 1 a su Schedule 13G reportando su propiedad beneficiaria en Yum! Brands, Inc. (YUM) al 30 de junio de 2025. El banco y sus subsidiarias revelan una propiedad beneficiaria agregada de 18,165,911 acciones comunes, que representan el 6.5 % del capital social en circulación de YUM. Dentro de este total, JPMorgan tiene poder de voto exclusivo sobre 16,397,437 acciones y poder de voto compartido sobre 157,631 acciones; posee poder dispositivo exclusivo sobre 18,055,947 acciones y poder dispositvo compartido sobre 104,615 acciones. El declarante está organizado en Delaware y certifica que las acciones fueron adquiridas y se mantienen en el curso ordinario del negocio, sin intención de influir en el control del emisor. Las subsidiarias que poseen o gestionan los valores incluyen J.P. Morgan Securities LLC, JPMorgan Chase Bank N.A., múltiples unidades internacionales de gestión de activos y otras. La presentación se realiza conforme a la Regla 13d-1(b), ya que JPMorgan califica como sociedad matriz/persona de control. La firma fue proporcionada por la Vicepresidenta Rachel Tsvaygoft el 24 de julio de 2025.

JPMorgan Chase & Co.는 2025년 6월 30일 기준으로 Yum! Brands, Inc. (YUM)에 대한 실질 소유권을 보고하는 Schedule 13G의 수정안 1호를 제출했습니다. 은행과 그 자회사는 총 18,165,911 보통주를 보유하고 있으며, 이는 YUM 발행 주식의 6.5%에 해당합니다. 이 중 JPMorgan은 16,397,437주에 대한 단독 의결권157,631주에 대한 공동 의결권을 가지고 있으며, 18,055,947주에 대한 단독 처분권104,615주에 대한 공동 처분권을 보유하고 있습니다. 제출자는 델라웨어에 조직되어 있으며, 주식은 사업의 정상적인 과정에서 취득 및 보유되었으며 발행사의 통제에 영향을 미칠 의도가 없음을 증명합니다. 증권을 보유하거나 관리하는 자회사로는 J.P. Morgan Securities LLC, JPMorgan Chase Bank N.A., 다수의 국제 자산 관리 부서 등이 포함됩니다. 이번 제출은 JPMorgan이 모회사/통제인으로 자격을 갖추었기에 규칙 13d-1(b)에 따라 이루어졌습니다. 서명은 2025년 7월 24일 부사장 Rachel Tsvaygoft가 했습니다.

JPMorgan Chase & Co. a déposé l'Amendement n°1 à son Schedule 13G, déclarant sa participation bénéficiaire dans Yum! Brands, Inc. (YUM) au 30 juin 2025. La banque et ses filiales déclarent une participation bénéficiaire totale de 18 165 911 actions ordinaires, représentant 6,5 % du capital social en circulation de YUM. Sur ce total, JPMorgan détient le pouvoir de vote exclusif sur 16 397 437 actions et le pouvoir de vote partagé sur 157 631 actions ; elle détient également le pouvoir discrétionnaire exclusif sur 18 055 947 actions et le pouvoir discrétionnaire partagé sur 104 615 actions. Le déclarant est organisé dans le Delaware et certifie que les actions ont été acquises et sont détenues dans le cours normal des affaires, sans intention d'influencer le contrôle de l'émetteur. Les filiales détenant ou gérant ces titres incluent J.P. Morgan Securities LLC, JPMorgan Chase Bank N.A., plusieurs unités internationales de gestion d'actifs, entre autres. Le dépôt est effectué conformément à la règle 13d-1(b), JPMorgan étant qualifiée de société mère/personne de contrôle. La signature a été apposée par la vice-présidente Rachel Tsvaygoft le 24 juillet 2025.

JPMorgan Chase & Co. hat die Änderung Nr. 1 zu seinem Schedule 13G eingereicht und damit seinen wirtschaftlichen Eigentumsanteil an Yum! Brands, Inc. (YUM) zum 30. Juni 2025 gemeldet. Die Bank und ihre Tochtergesellschaften geben eine aggregierte wirtschaftliche Beteiligung von 18.165.911 Stammaktien an, was 6,5 % der ausstehenden YUM-Aktien entspricht. Innerhalb dieses Gesamtbestands hat JPMorgan alleinige Stimmrechte über 16.397.437 Aktien und gemeinsame Stimmrechte über 157.631 Aktien; außerdem hält es alleinige Verfügungsgewalt über 18.055.947 Aktien und gemeinsame Verfügungsgewalt über 104.615 Aktien. Der Einreicher ist in Delaware organisiert und bestätigt, dass die Aktien im normalen Geschäftsverlauf erworben und gehalten werden, ohne die Absicht, die Kontrolle über den Emittenten zu beeinflussen. Zu den Tochtergesellschaften, die die Wertpapiere halten oder verwalten, gehören J.P. Morgan Securities LLC, JPMorgan Chase Bank N.A., mehrere internationale Asset-Management-Einheiten und weitere. Die Meldung erfolgt gemäß Regel 13d-1(b), da JPMorgan als Muttergesellschaft/Kontrollperson qualifiziert. Die Unterschrift wurde von Vizepräsidentin Rachel Tsvaygoft am 24. Juli 2025 geleistet.

Positive
  • JPMorgan’s 18.2 million-share position confirms institutional support exceeding the 5 % threshold.
Negative
  • None.

Insights

TL;DR — JPMorgan discloses 6.5 % stake in YUM; information-only filing, no change-of-control intent.

The amendment confirms JPMorgan Chase & Co. remains a >5 % holder of Yum! Brands with 18.2 million shares. Voting and dispositive powers are largely sole, suggesting holdings are spread across trading and asset-management accounts rather than client-directed index positions. As this is an information update required under Rule 13d-1(b), it signals no activism or strategic shift. The size of the position is material to ownership tables but does not by itself alter YUM’s governance dynamics or capital structure.

JPMorgan Chase & Co. ha presentato l'Emendamento n. 1 al suo Schedule 13G, dichiarando la propria partecipazione azionaria in Yum! Brands, Inc. (YUM) al 30 giugno 2025. La banca e le sue controllate comunicano una partecipazione aggregata di 18.165.911 azioni ordinarie, pari al 6,5% del capitale sociale di YUM. Di questo totale, JPMorgan detiene il potere di voto esclusivo su 16.397.437 azioni e il potere di voto condiviso su 157.631 azioni; possiede inoltre il potere dispositvo esclusivo su 18.055.947 azioni e il potere dispositvo condiviso su 104.615 azioni. Il dichiarante è costituito nel Delaware e certifica che le azioni sono state acquisite e sono detenute nell'ordinario corso degli affari, senza l'intenzione di influenzare il controllo dell'emittente. Tra le controllate che detengono o gestiscono i titoli figurano J.P. Morgan Securities LLC, JPMorgan Chase Bank N.A., diverse unità internazionali di gestione patrimoniale e altre. La comunicazione è effettuata ai sensi della Regola 13d-1(b), poiché JPMorgan si qualifica come società madre/persona di controllo. La firma è stata apposta dalla Vicepresidente Rachel Tsvaygoft il 24 luglio 2025.

JPMorgan Chase & Co. presentó la Enmienda N.º 1 a su Schedule 13G reportando su propiedad beneficiaria en Yum! Brands, Inc. (YUM) al 30 de junio de 2025. El banco y sus subsidiarias revelan una propiedad beneficiaria agregada de 18,165,911 acciones comunes, que representan el 6.5 % del capital social en circulación de YUM. Dentro de este total, JPMorgan tiene poder de voto exclusivo sobre 16,397,437 acciones y poder de voto compartido sobre 157,631 acciones; posee poder dispositivo exclusivo sobre 18,055,947 acciones y poder dispositvo compartido sobre 104,615 acciones. El declarante está organizado en Delaware y certifica que las acciones fueron adquiridas y se mantienen en el curso ordinario del negocio, sin intención de influir en el control del emisor. Las subsidiarias que poseen o gestionan los valores incluyen J.P. Morgan Securities LLC, JPMorgan Chase Bank N.A., múltiples unidades internacionales de gestión de activos y otras. La presentación se realiza conforme a la Regla 13d-1(b), ya que JPMorgan califica como sociedad matriz/persona de control. La firma fue proporcionada por la Vicepresidenta Rachel Tsvaygoft el 24 de julio de 2025.

JPMorgan Chase & Co.는 2025년 6월 30일 기준으로 Yum! Brands, Inc. (YUM)에 대한 실질 소유권을 보고하는 Schedule 13G의 수정안 1호를 제출했습니다. 은행과 그 자회사는 총 18,165,911 보통주를 보유하고 있으며, 이는 YUM 발행 주식의 6.5%에 해당합니다. 이 중 JPMorgan은 16,397,437주에 대한 단독 의결권157,631주에 대한 공동 의결권을 가지고 있으며, 18,055,947주에 대한 단독 처분권104,615주에 대한 공동 처분권을 보유하고 있습니다. 제출자는 델라웨어에 조직되어 있으며, 주식은 사업의 정상적인 과정에서 취득 및 보유되었으며 발행사의 통제에 영향을 미칠 의도가 없음을 증명합니다. 증권을 보유하거나 관리하는 자회사로는 J.P. Morgan Securities LLC, JPMorgan Chase Bank N.A., 다수의 국제 자산 관리 부서 등이 포함됩니다. 이번 제출은 JPMorgan이 모회사/통제인으로 자격을 갖추었기에 규칙 13d-1(b)에 따라 이루어졌습니다. 서명은 2025년 7월 24일 부사장 Rachel Tsvaygoft가 했습니다.

JPMorgan Chase & Co. a déposé l'Amendement n°1 à son Schedule 13G, déclarant sa participation bénéficiaire dans Yum! Brands, Inc. (YUM) au 30 juin 2025. La banque et ses filiales déclarent une participation bénéficiaire totale de 18 165 911 actions ordinaires, représentant 6,5 % du capital social en circulation de YUM. Sur ce total, JPMorgan détient le pouvoir de vote exclusif sur 16 397 437 actions et le pouvoir de vote partagé sur 157 631 actions ; elle détient également le pouvoir discrétionnaire exclusif sur 18 055 947 actions et le pouvoir discrétionnaire partagé sur 104 615 actions. Le déclarant est organisé dans le Delaware et certifie que les actions ont été acquises et sont détenues dans le cours normal des affaires, sans intention d'influencer le contrôle de l'émetteur. Les filiales détenant ou gérant ces titres incluent J.P. Morgan Securities LLC, JPMorgan Chase Bank N.A., plusieurs unités internationales de gestion d'actifs, entre autres. Le dépôt est effectué conformément à la règle 13d-1(b), JPMorgan étant qualifiée de société mère/personne de contrôle. La signature a été apposée par la vice-présidente Rachel Tsvaygoft le 24 juillet 2025.

JPMorgan Chase & Co. hat die Änderung Nr. 1 zu seinem Schedule 13G eingereicht und damit seinen wirtschaftlichen Eigentumsanteil an Yum! Brands, Inc. (YUM) zum 30. Juni 2025 gemeldet. Die Bank und ihre Tochtergesellschaften geben eine aggregierte wirtschaftliche Beteiligung von 18.165.911 Stammaktien an, was 6,5 % der ausstehenden YUM-Aktien entspricht. Innerhalb dieses Gesamtbestands hat JPMorgan alleinige Stimmrechte über 16.397.437 Aktien und gemeinsame Stimmrechte über 157.631 Aktien; außerdem hält es alleinige Verfügungsgewalt über 18.055.947 Aktien und gemeinsame Verfügungsgewalt über 104.615 Aktien. Der Einreicher ist in Delaware organisiert und bestätigt, dass die Aktien im normalen Geschäftsverlauf erworben und gehalten werden, ohne die Absicht, die Kontrolle über den Emittenten zu beeinflussen. Zu den Tochtergesellschaften, die die Wertpapiere halten oder verwalten, gehören J.P. Morgan Securities LLC, JPMorgan Chase Bank N.A., mehrere internationale Asset-Management-Einheiten und weitere. Die Meldung erfolgt gemäß Regel 13d-1(b), da JPMorgan als Muttergesellschaft/Kontrollperson qualifiziert. Die Unterschrift wurde von Vizepräsidentin Rachel Tsvaygoft am 24. Juli 2025 geleistet.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
HELMER MAUREEN O

(Last) (First) (Middle)
C/O PLUG POWER INC.
125 VISTA BOULEVARD

(Street)
SLINGERLANDS NY 12159

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
PLUG POWER INC [ PLUG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
07/03/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 07/03/2025 A 76,531(1) A $0.00 345,803 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy)(2) $1.47 07/03/2025 A 76,531 (3) 07/03/2035 Common Stock 76,531 $0 76,531 D
Explanation of Responses:
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 earlier of (i) first anniversary of the grant date or (ii) the date of the next annual meeting which is at least fifty (50) weeks after the immediately preceding year's annual meeting.
2. 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.
3. The options shall vest in full on the earlier of (i) first anniversary of the grant date or (ii) the date of the next annual meeting which is at least fifty (50) weeks after the immediately preceding year's annual meeting.
/s/ Gerard L. Conway Jr., Attorney-in-Fact 07/24/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many Yum! Brands shares does JPMorgan Chase & Co. own?

The filing states JPMorgan beneficially owns 18,165,911 common shares of YUM.

What percentage of YUM’s outstanding stock does JPMorgan hold?

JPMorgan’s stake represents 6.5 % of the outstanding common shares.

Does JPMorgan have sole or shared voting power over its YUM shares?

It has sole voting power over 16,397,437 shares and shared voting power over 157,631 shares.

Why did JPMorgan file this Schedule 13G/A for Yum! Brands?

Rule 13d-1(b) requires institutional holders exceeding 5 % ownership to disclose their positions; this amendment updates JPMorgan’s holdings as of 30 June 2025.

Which JPMorgan subsidiaries are listed as holding or managing YUM shares?

Subsidiaries include J.P. Morgan Securities LLC, JPMorgan Chase Bank N.A., JPMorgan Asset Management (UK) Limited, and others as detailed in Item 7.
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