van Montfrans Ritsaart J.M. 4

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.