Lehner Keefer McGovern 4

4 · EVgo Inc. · Filed Feb 4, 2026

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Updated Feb 5, 2026

EVgo (EVGO) CFO Lehner Keefer McGovern Receives Equity Awards

What Happened

Lehner Keefer McGovern, Chief Financial Officer of EVgo Inc. (EVGO), was granted a total of 98,328 derivative awards on February 2, 2026: 32,776 restricted stock units (RSUs) and 65,552 performance-based restricted stock units (PRSUs). Each award is reported at $0.00 per share (no cash paid) because these are contingent equity awards rather than open-market purchases or sales.

Key Details

Transaction date: February 2, 2026; Form 4 filed February 4, 2026 (no late filing indicated in the provided data).
Reported consideration: $0.00 per unit (awards/grants, transaction code A).
Shares owned after transaction: not specified in the provided excerpt.
Footnotes: RSUs represent the right to one share upon vesting (F1). RSUs vest in full on the first anniversary of Feb 2, 2026, subject to continued employment (F2). PRSUs vest only after both time and performance conditions are met: time vesting in three equal annual tranches starting Feb 2, 2026, and each tranche requires achievement of a specified per-share stock price (15‑day VWAP) any time before Feb 2, 2031 (F3). Continuous service through each vest date is required.
Transaction type: derivative awards (A = award/grant).

Context

These awards are compensation grants—not purchases—so they do not reflect an immediate cash investment by the insider. RSUs/PRSUs are contingent rights to receive shares at vesting; PRSUs add a performance hurdle (stock-price targets) that must be met before shares are delivered. For retail investors, grants can indicate management retention and incentive alignment but should not be interpreted as an immediate bullish or bearish trading signal.

Form 4

Period: 2026-02-02

Chief Financial Officer

Transactions

Award
Restricted Stock Units
[F1][F2]
2026-02-02+32,776→ 32,776 total
→ Class A Common Stock (32,776 underlying)
Award
Performance-Based Restricted Stock Units
[F3]
2026-02-02+65,552→ 65,552 total
→ Class A Common Stock (65,552 underlying)

Footnotes (3)

[F1]Restricted stock units ("RSUs") awarded under the Issuer's 2021 Long Term Incentive Plan (the "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]The RSUs vest in full on the first anniversary of February 2, 2026, subject to the Reporting Person's continued employment through such vesting date.
[F3]Performance-based restricted stock units ("PRSUs") awarded under the Plan. Each PRSU represents a contingent right to receive one share of Class A Common Stock. The PRSUs will vest subject to the independent satisfaction of both a time and performance condition, with the time condition being satisfied in three equal installments on each of the first three anniversaries of February 2, 2026, and the performance condition for each tranche of PRSUs being satisfied if the Class A Common Stock achieves a specified per share stock price (calculated based on a 15-day volume weighted average price) at any time prior to February 2, 2031. The PRSUs vest upon both the achievement of the applicable performance condition and the passing of the applicable installment date (or, if the performance condition is achieved subsequent to an installment date, on the date of such later achievement), subject to the continuous service of the Reporting Person through such date.

Signature

/s/ Keefer Lehner, by Daniel McCanavan, as Attorney-in-Fact|2026-02-04

1 file