Blink Charging Co.·4

Mar 17, 7:28 PM ET

Battaglia Michael C. 4

Research Summary

AI-generated summary

Updated

BLNK CEO Michael Battaglia Receives 406,901-Share Award

What Happened

  • Michael C. Battaglia, President, CEO and Director of Blink Charging (BLNK), was granted 406,901 restricted stock units (RSUs) on 2026-03-13. The RSUs vested immediately and were granted at $0.00 per share (award).
  • To satisfy tax withholding obligations tied to the vesting, 197,817 shares were withheld (disposed) at $0.66 per share, for a reported withholding value of $129,986. Net new shares received by Battaglia from this grant were 209,084 (406,901 granted minus 197,817 withheld).
  • This was an equity award/vesting event, not an open-market purchase or sale of existing shares.

Key Details

  • Transaction date: 2026-03-13; Form filed: 2026-03-17 (filed within two business days).
  • Grant: 406,901 RSUs @ $0.00 (code A). Withholding: 197,817 shares @ $0.66 (code F) for ~$129,986.
  • Net shares added from the grant: 209,084. Total shares owned after the transaction not specified in the filing.
  • Footnotes: F1—RSUs granted under the Issuer's 2018 Incentive Compensation Plan; each RSU equals one share and they vested immediately. F2—Withholding of shares was to satisfy tax withholding obligations following vesting.
  • This was a grant/vesting and a routine tax-withholding disposition, not an insider sale into the market.

Context

  • RSU vesting and related share withholding for taxes are common and do not necessarily signal the insider’s view on the company’s stock price.
  • Because the RSUs vested immediately, the withholding resembles a cashless settlement to meet tax obligations rather than an active sale decision by the insider.