Angle Colin M 4

What Happened

• Colin M. Angle, a member of the board of directors of Plug Power Inc. (PLUG), was granted two awards on 2026-06-11: a restricted stock award for 39,753 shares and a derivative award (stock option) covering 39,753 shares. Both transactions were reported with an acquisition price of $0.00, so the Form 4 shows $0 cash exchanged. These are compensation grants, not open-market purchases or sales.

Key Details

• Transaction date: 2026-06-11; Filing date (Form 4): 2026-06-16.
• Awards: 39,753 restricted shares (F1) and 39,753 stock options/derivative (F2) — total potential 79,506 shares.
• Reported price: $0.00 for both awards; reported cash value = $0 (reflects equity compensation grant).
• Vesting: Both awards vest in full on the first anniversary of the grant date, subject to continued service (F1, F3).
• Shares owned after transaction: Not specified in the filing.
• Timeliness: The Form 4 was filed five days after the grant date, which is later than the usual two-business-day filing requirement for insiders (appears late).

Context

• These awards are routine director compensation under Plug Power’s 2021 Stock Option and Incentive Plan and Non-Employee Director Compensation Plan (per footnotes). Restricted stock vests after one year; the options also vest in full after one year. Because these are compensation grants rather than open-market buys or sells, they primarily reflect standard pay practices rather than an immediate insider view on the stock.