Mahtani Kavita 4

What Happened

Kavita Mahtani, a director of Plug Power Inc. (PLUG), was granted 9,956 shares as compensation under the company's non-employee director plan. The reported acquisition price is $2.26 per share, for a total reported value of $22,501. This was an award/grant of shares (transaction code "A"), not an open-market purchase or sale.

Key Details

• Transaction date: April 1, 2026
• Reported price per share: $2.26; total value reported: $22,501
• Shares received: 9,956 (grant/award)
• Shares owned after transaction: Not specified in this filing
• Footnote: Awarded pursuant to Plug Power Inc.'s Non-Employee Director Compensation Plan (Footnote F1)
• Filing timing: Form 4 filed April 10, 2026 — 9 days after the transaction (later than the typical 2-business-day Form 4 deadline)

Context

This was a routine director compensation award to a non-employee director, which is common and generally reflects standard company governance/compensation practices rather than an immediate trading signal. The grant does not indicate a sale or exercise of options, and there is no 10b5-1 or tax-withholding notation in this filing.