Kenausis Gregory 4
Research Summary
AI-generated summary
Plug Power Director Gregory Kenausis Receives 3,980-Share Award
What Happened
Gregory Kenausis, a director of Plug Power Inc. (PLUG), was awarded 3,980 shares on 2026-07-01 at an effective price of $2.71 per share, valued at approximately $10,786. The filing lists the transaction as an acquisition/award (code A) and notes the shares were granted as director compensation.
Key Details
- Transaction date: 2026-07-01; Filing date: 2026-07-06 (Form 4 accession 0001104659-26-080766).
- Shares acquired: 3,980 at $2.71 per share; total value ≈ $10,786.
- Shares owned after transaction: Not disclosed in the provided summary of the filing.
- Footnote: Compensation awarded pursuant to Plug Power Inc.'s Non-Employee Director Compensation Plan (F1).
- No indication in the provided information that this was a sale, option exercise, gift, or 10b5-1 transaction.
Context
Director awards like this are routine compensation for non-employee directors and reflect pay rather than an open-market purchase. Such grants are common and do not necessarily signal the director personally buying shares with new capital.