Haycraft Benjamin 4

What Happened

• Benjamin Haycraft, Plug Power’s Chief Strategy Officer & GM EMEA, was granted two award/derivative awards on 2026-06-25 totaling 719,837 shares (357,143 and 362,694). The reported acquisition price is $0.00, indicating these are equity awards (derivative securities) rather than open-market purchases. The awards were made under Plug Power’s 2021 Stock Option and Incentive Plan.

Key Details

• Transaction date: 2026-06-25; Filing date (Form 4): 2026-07-06 (appears to be filed late vs. the typical 2-business-day requirement).
• Award amounts: 357,143 shares and 362,694 shares (total 719,837); reported acquisition price $0.00.
• Vesting: The shares underlying the award/stock option vest in three equal annual installments following the grant date, subject to continued service (per footnote).
• Shares owned after the transaction: Not specified in the provided filing excerpt.
• Footnotes: Awarded pursuant to Plug Power Inc.’s 2021 Stock Option and Incentive Plan; vesting schedule noted above.

Context

• These were grants/awards (derivative securities) rather than purchases or immediate sales — no cash was exchanged at grant and the shares/options will vest over time, so this is a compensation-related award, not a direct market buy or sell. Because the filing was submitted on 2026-07-06 for a 2026-06-25 grant, it appears to be late relative to standard Form 4 timing, which can result in disclosure delays and should be noted by investors.