Conway Gerard L JR 4

What Happened
Gerard L. Conway Jr., Plug Power’s General Counsel, Corporate Secretary and Executive VP, was granted two derivative equity awards on 2026-06-25 totaling 357,143 and 362,694 shares (719,837 shares combined). Both awards show an acquisition price of $0.00 (i.e., no cash paid at grant) and are reported as derivative grants under the company’s equity plan.

Key Details

• Transaction date: 2026-06-25; Form 4 filed: 2026-06-29.
• Awards: 357,143 shares (derivative) and 362,694 shares (derivative); combined = 719,837 shares; reported acquisition price $0.00.
• Plan: Awarded pursuant to Plug Power Inc.’s 2021 Stock Option and Incentive Plan (footnote F1).
• Vesting: At least one of the awards is a stock option with vesting in three equal annual installments following the grant date, subject to continued service (footnote F2).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Timeliness: Filing appears timely (transaction 6/25, Form 4 filed 6/29, within the usual two-business-day reporting window).

Context
These are derivative equity grants (options/awards) rather than open-market purchases or sales, so they reflect compensation rather than an immediate bullish cash investment. Vesting conditions mean the shares/options will become exercisable or deliverable over time and depend on continued service. Such awards are common for executive compensation and do not alone indicate an immediate trading intent.