Marsh Andrew 4
4 · PLUG POWER INC · Filed Apr 10, 2026
Research Summary
AI-generated summary of this filing
PLUG Power Director Andrew Marsh Receives 3,688-Share Award
What Happened
- Andrew Marsh, a director of PLUG Power Inc. (PLUG), was granted 3,688 shares as director compensation on April 1, 2026. The reported acquisition price was $2.26 per share, for a total value of $8,335. This was an award/compensation transaction (Form 4 code A), not an open-market purchase.
Key Details
- Transaction date: 2026-04-01; Filing date (Form 4): 2026-04-10 (late filing).
- Price and amount: 3,688 shares at $2.26 each, total $8,335.
- Shares owned after transaction: 853,378 total shares (reflects a correction to prior reports).
- Footnotes of note:
- F1: Shares were awarded under Plug Power’s Non‑Employee Director Compensation Plan.
- F2: A prior reporting error overstated holdings (previously reported 930,546). That was corrected to reflect net shares after tax withholding (reduced by 80,856 to 849,690); after this grant Marsh holds 853,378 shares. The correction relates only to prior reporting.
- F3: Marsh holds 121,878 shares in the company 401(k) plan (plan statement dated Apr 9, 2026).
- Transaction type: Award/Grant (code A). This is compensation rather than a market purchase (less indicative of a private bullish signal).
Context
- Director awards are routine compensation and often reflect standard pay practices rather than personal buying/selling decisions. The late filing delays public disclosure; timely Form 4 filings are preferred for transparency.
Insider Transaction Report
Form 4
PLUG POWER INCPLUG
Marsh Andrew
Director
Transactions
- Award
Common Stock
[F1][F2]2026-04-01$2.26/sh+3,688$8,335→ 853,378 total
Holdings
- 121,878(indirect: By 401(k))
Common Stock
[F3]
Footnotes (3)
- [F1]Compensation awarded to directors pursuant to Plug Power Inc.'s Non-Employee Director Compensation Plan.
- [F2]The Reporting Person's total holdings were previously reported as 930,546 shares. Such amount was overstated because prior reports reflected gross shares of common stock received as compensation pursuant to the Reporting Person's election to receive shares in lieu of cash compensation rather than net shares received after withholding for taxes. The Reporting Person's holdings have been revised to reflect net shares received after withholding for taxes, resulting in a reduction of 80,856 shares to 849,690 shares. After giving effect to the transaction reported herein, the Reporting Person's total holdings are 853,378 shares. This correction relates solely to prior reporting and does not reflect any additional or previously unreported transactions by the Reporting Person.
- [F3]The Reporting Person holds 121,878 shares of common stock in Plug Power Inc.'s 401(k) plan. The information in this report is based on a plan statement as of April 9, 2026.
Signature
/s/ Gerard L. Conway Jr., Attorney-in-Fact|2026-04-10