KISH DENNIS G 4
4 · EVgo Inc. · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
EVgo President Dennis Kish Receives RSUs; 176,775 Shares Vest
What Happened
Dennis G. Kish, President of EVgo Inc. (EVGO), had RSUs vest on February 1, 2026. A total of 176,775 RSUs converted into common shares. To cover tax withholding, 92,473 shares were surrendered at an effective price of $3.01 per share (total value withheld ≈ $278,344), leaving Kish with a net 84,302 newly issued shares. The filings show the RSU conversions as derivative exercises (code M) and the tax withholding as share surrender/disposition (code F).
Key Details
- Transaction date: February 1, 2026; Form 4 filed February 3, 2026 (timely within the two-business-day Form 4 window).
- Shares converted (acquired): 176,775 (52,084 + 124,691).
- Shares withheld for taxes (disposed): 92,473 (26,501 + 65,972) at $3.01 per share; total value withheld ≈ $278,344.
- Net shares received by Kish: 84,302 (176,775 − 92,473).
- Footnotes: These were restricted stock units (RSUs) awarded under the 2021 Long Term Incentive Plan that vested on Feb 1, 2026; the $3.01 settlement price used to calculate withholding was the Jan 30, 2026 closing price. Vesting schedules referenced in the filing describe multi-year installment vesting for the grants.
- The filing does not state Kish’s total share ownership after this transaction.
Context
This was not an open-market purchase or sale but the vesting and settlement of RSUs. The transaction is routine compensation-related activity: RSUs converted to shares and a portion withheld to satisfy tax obligations (a common "cashless" withholding method). Such vesting events reflect compensation recognition rather than a direct bullish or bearish market signal.
Insider Transaction Report
- Exercise/Conversion
Class A Common Stock
2026-02-01+52,084→ 138,779 total - Tax Payment
Class A Common Stock
[F2]2026-02-01$3.01/sh−26,501$79,768→ 112,278 total - Exercise/Conversion
Class A Common Stock
2026-02-01+124,691→ 236,969 total - Tax Payment
Class A Common Stock
[F2]2026-02-01$3.01/sh−65,972$198,576→ 170,997 total - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-02-01−52,084→ 0 total→ Class A Common Stock (52,084 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-02-01−124,691→ 249,383 total→ Class A Common Stock (124,691 underlying)
Footnotes (4)
- [F1]Restricted stock units ("RSUs") awarded under the Issuer's 2021 Long Term Incentive Plan. Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's Class A common stock, $0.0001 par value ("Class A Common Stock").
- [F2]On February 1, 2026, the Reporting Person's RSUs vested. The closing price of the Class A Common Stock on January 30, 2026 was the settlement price used to calculate the shares withheld.
- [F3]The RSUs vest in three equal annual installments on each of the first three anniversaries of February 1, 2023, subject to the Reporting Person's continued employment through each vesting date.
- [F4]The RSUs vest in three equal annual installments on each of the first three anniversaries of February 1, 2025, subject to the Reporting Person's continued employment through each vesting date. The Form 4 filed on March 18, 2025 reporting the RSU grant noted that such RSUs vested in three equal installments beginning on their grant date instead of February 1, 2025.