KISH DENNIS G 4

What Happened

• Dennis G. Kish, President of EVgo Inc., had restricted stock units (RSUs) and performance-based restricted stock units (PSUs) vest on March 15, 2026, resulting in the acquisition of 157,407 shares (18,518 + 138,889) at $0.00 per share (conversion of awards).
• To satisfy tax withholding, 80,089 shares were withheld and treated as a disposition at $2.08 per share, totaling $166,585 (9,422 shares = $19,598 and 70,667 shares = $146,987). After withholding, Kish netted 77,318 shares.
• This was an award vesting event (not an open-market purchase); the withholding is a routine tax settlement rather than an opportunistic sale.

Key Details

• Transaction date: March 15, 2026; Form 4 filed March 17, 2026 (timely — within the usual 2 business days).
• Vesting/conversion entries: 18,518 and 138,889 shares acquired at $0.00 (derivative exercise/conversion, code M).
• Tax withholding (code F): 9,422 and 70,667 shares withheld at $2.08 per share, total withholding value ≈ $166,585.
• Net new shares to insider after withholding: 77,318 shares.
• Footnotes: F1–F4 confirm these were RSUs and PSUs under the 2021 Long Term Incentive Plan; RSUs vest in three equal annual installments from March 15, 2024, and PSUs vest subject to performance goals tied to VWAP thresholds through March 15, 2029. The $2.08 withholding price used the March 13, 2026 closing price per the filing.
• Shares owned after the transaction were not specified in the provided excerpt of the filing.

Context

• This was a standard vesting and tax-withholding transaction (conversion of restricted awards to common shares plus share withholding to cover taxes). Such withholding is routine administrative action and does not necessarily indicate insider sentiment about the stock.
• PSUs are performance‑based and may include future vesting tied to stock-price targets; some PSUs may continue to vest later depending on performance metrics.