BlackRock reports 12.8% stake in Plug Power

BlackRock, Inc. reports beneficial ownership of 178,091,159 shares of PLUG POWER INC common stock, representing 12.8% of the class.

Rhea-AI Filing Summary

BlackRock, Inc. reports beneficial ownership of 178,091,159 shares of PLUG POWER INC common stock, representing 12.8% of the class. BlackRock has sole voting power over 175,850,327 shares and sole dispositive power over 178,091,159 shares, with no shared voting or dispositive power.

The shares are held by certain BlackRock business units that aggregate their holdings, while other disaggregated units are excluded. Various underlying clients have rights to dividends or sale proceeds from PLUG POWER INC shares, but no individual client has an interest exceeding 5% of the total outstanding common shares.

Key Figures

Shares beneficially owned: 178,091,159 shares Ownership percentage: 12.8% Sole Voting Power: 175,850,327 shares +2 more

5 metrics

Shares beneficially owned 178,091,159 shares Beneficial ownership of PLUG POWER INC common stock reported by BlackRock, Inc.

Ownership percentage 12.8% Percent of PLUG POWER INC common stock class beneficially owned by BlackRock, Inc.

Sole Voting Power 175,850,327 shares Shares of PLUG POWER INC over which BlackRock, Inc. has sole power to vote

Sole Dispositive Power 178,091,159 shares Shares of PLUG POWER INC over which BlackRock, Inc. has sole power to dispose

Maximum client interest 5% No one underlying person’s interest in PLUG POWER INC common stock exceeds this level

Key Terms

beneficially owned, Sole Voting Power, Sole Dispositive Power, percent of class, +1 more

5 terms

beneficially owned financial

"reflects the securities beneficially owned, or deemed to be beneficially owned"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Sole Voting Power financial

"Sole Voting Power 175,850,327.00"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

Sole Dispositive Power financial

"Sole Dispositive Power 178,091,159.00"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

percent of class financial

"Percent of class: 12.8 %"

Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.

parent holding company financial

"subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much of PLUG (Plug Power Inc.) does BlackRock, Inc. currently beneficially own?

BlackRock, Inc. reports beneficial ownership of 178,091,159 shares of PLUG POWER INC common stock, representing 12.8% of the outstanding class, held through certain aggregated business units and related subsidiaries.

What voting power does BlackRock, Inc. report over PLUG (Plug Power Inc.) shares?

BlackRock reports sole voting power over 175,850,327 shares of PLUG POWER INC and no shared voting power. It also has sole dispositive power over 178,091,159 shares with no shared dispositive authority.

Do BlackRock’s underlying clients hold more than 5% of PLUG (Plug Power Inc.) individually?

BlackRock states that various persons have rights to dividends or sale proceeds from PLUG POWER INC shares, but no one person’s interest exceeds 5% of the total outstanding common shares, indicating diversified underlying ownership.

Which BlackRock entities are included in the PLUG (Plug Power Inc.) ownership report?

The report covers securities beneficially owned by certain BlackRock business units, collectively termed “Reporting Business Units.” It excludes other BlackRock units whose holdings are disaggregated under SEC Release No. 34-39538.

What percentage of PLUG (Plug Power Inc.) common stock is attributed to BlackRock’s dispositive power?

BlackRock has sole dispositive power over 178,091,159 shares, which is reported as 12.8% of PLUG POWER INC’s common stock class, with no shared dispositive power over any additional shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 07/29/2026 - 03:21 PM Accepted by SEC EDGAR 07/29/2026 - 03:19 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 6)

PLUG POWER INC

(Name of Issuer)

Common Stock

(Title of Class of Securities)

72919P202

(CUSIP Number)

06/30/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 72919P202

1

Names of Reporting Persons

BlackRock, Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 175,850,327.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 178,091,159.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

178,091,159.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

12.8 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: PLUG POWER INC
(b)	Address of issuer's principal executive offices: 125 VISTA BOULEVARD SLINGERLANDS NY 12159
Item 2.
(a)	Name of person filing: BlackRock, Inc. In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units (collectively, the "Reporting Business Units") of BlackRock, Inc. and its subsidiaries and affiliates. It does not include securities, if any, beneficially owned by other business units whose beneficial ownership of securities are disaggregated from that of the Reporting Business Units in accordance with such release.
(b)	Address or principal business office or, if none, residence: BlackRock, Inc., 50 Hudson Yards New York, NY 10001
(c)	Citizenship: See Item 4 of Cover Page
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 72919P202
Item 4.	Ownership
(a)	Amount beneficially owned: 178091159
(b)	Percent of class: 12.8 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 175850327
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 178091159
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. Various persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the common stock of PLUG POWER INC. No one person's interest in the common stock of PLUG POWER INC is more than five percent of the total outstanding common shares.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Exhibit 99
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

BlackRock, Inc.

Signature:	Spencer Fleming
Name/Title:	Managing Director
Date:	07/29/2026

Exhibit Information

Exhibit 24: Power of Attorney Exhibit 99: Item 7