BONNEY MARK J 4
Research Summary
AI-generated summary
Plug Power Director Mark J. Bonney Receives 10,509-Share Award
What Happened
Mark J. Bonney, a director of Plug Power Inc. (PLUG), was awarded 10,509 shares on April 1, 2026. The grant is reported at an acquisition price of $2.26 per share, for a total value of about $23,750. The filing lists this transaction as an award/grant (transaction code A) and identifies the award as director compensation.
Key Details
- Transaction date: 2026-04-01
- Type: Award/Grant (code A) — 10,509 shares at $2.26 each; total ≈ $23,750
- Filing date (Form 4): 2026-04-10 — appears to be filed more than two business days after the transaction (may be late)
- Footnote: Compensation awarded under Plug Power Inc.'s Non-Employee Director Compensation Plan (Footnote F1)
- Shares owned after transaction: Not specified in the filing
Context
This was a compensation award to a non-employee director under the company’s director compensation plan, not an open-market purchase or sale. Such grants are routine for board members and do not necessarily indicate the director buying or selling stock for investment reasons. The later filing date may warrant a note for compliance/timeliness but does not change the nature of the award.