Blink Charging Co.·4

Mar 17, 7:30 PM ET

Bercovich Michael 4

Research Summary

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Blink Charging CFO Michael Bercovich Receives Award

What Happened

  • Michael Bercovich, Chief Financial Officer of Blink Charging Co. (BLNK), was granted 131,665 restricted stock units (RSUs) that vested immediately on March 13, 2026. To satisfy tax withholding obligations, 60,170 of those shares were withheld (disposed) at $0.66 per share for a withholding value of $39,538, leaving a net issuance of 71,495 shares to the reporting person.
  • The grant is reported as an award (code A) and the withholding as tax payment (code F). The RSUs were granted at $0.00 (standard for RSU grants that vest into shares).

Key Details

  • Transaction dates: 2026-03-13 (grant and immediate vesting; tax withholding); Form 4 filed 2026-03-17.
  • Prices and values: RSUs granted 131,665 @ $0.00; 60,170 shares withheld @ $0.66 = $39,538.
  • Net shares received: 131,665 granted − 60,170 withheld = 71,495 shares issued to the insider.
  • Shares owned after transaction: Not disclosed in the provided filing excerpt.
  • Footnotes: F1 — RSUs granted under the 2018 Incentive Compensation Plan and vested immediately. F2 — Withholding of shares to satisfy tax withholding obligations.
  • Timeliness: The transaction occurred 2026-03-13 and the Form 4 was filed 2026-03-17 (four days later). Form 4s are typically due within two business days of the transaction, so this filing appears later than the usual deadline.

Context

  • This was a standard equity compensation event (RSU grant and immediate vesting) with routine tax-withholding shares surrendered to the issuer; such withholding is common and does not by itself signal the insider’s view on the stock.
  • For retail investors, awards that vest increase insider shareholdings (net of withholding) but are compensation-related rather than open-market purchases; interpret accordingly.