van Montfrans Ritsaart J.M. 4
4 · Blink Charging Co. · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Blink Charging Director van Montfrans Receives RSU Award
What Happened
Ritsaart J.M. van Montfrans, a director of Blink Charging Co. (BLNK), was granted 286,260 restricted stock units (RSUs) on 2026-06-30. The RSUs were granted at $0.00 (they represent contingent rights to shares). Following vesting, 97,165 shares were withheld on 2026-07-01 to satisfy tax withholding obligations at $0.61 per share, generating a withholding value of $59,271. The grant itself is an award (not a cash purchase); the withholding is a routine tax-related disposition.
Key Details
- Transaction dates and amounts:
- 2026-06-30: Awarded 286,260 RSUs (grant price $0.00; award value shown as $0).
- 2026-07-01: 97,165 shares withheld for tax at $0.61 per share (total ~$59,271).
- Shares owned after transaction: Not specified in the filing.
- Footnotes:
- F1: RSUs granted under the 2018 Incentive Compensation Plan; each RSU converts to one share when vested. Vesting occurs on the earlier of June 30, 2027 or the day before the next annual meeting.
- F2: Withholding of shares was used to satisfy tax withholding following vesting (code F = tax withholding).
- Filing timeliness: Form 4 filed 2026-07-02; filing appears to be timely relative to the reported transactions.
Context
RSUs are a form of equity compensation that convert to shares upon vesting; the grant is not a market purchase and the withholding is not an open-market sale but a common cashless method to cover taxes. Such awards and subsequent withholding are routine for directors and do not, by themselves, indicate insider buying or selling sentiment.
Insider Transaction Report
- Award
Common Stock, par value $0.001 per share ("Common Stock")
[F1]2026-06-30+286,260→ 552,897 total - Tax Payment
Common Stock
[F2]2026-07-01$0.61/sh−97,165$59,271→ 455,732 total
Footnotes (2)
- [F1]The Reporting Person received restricted stock units granted under the Issuer's 2018 Incentive Compensation Plan with respect to service as a director during 2026-2027. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. The restricted stock units vest upon the earlier of (a) June 30, 2027 or (b) the date immediately preceding the Issuer's next annual meeting of stockholders.
- [F2]This transaction represents the withholding of shares of Common Stock to satisfy the tax withholding obligations following the vesting of restricted stock units.