Bercovich Michael 4

What Happened

• Michael Bercovich, Chief Financial Officer of Blink Charging (BLNK), received multiple restricted stock unit (RSU) grants on 2026-06-30 totaling 1,077,896 RSUs (reported acquisition price $0).
• To satisfy tax withholding on vested RSUs, 35,856 shares were withheld (disposed) at reported withholding rates of $0.65 (9,709 shares, $6,311) and $0.61 (26,147 shares, $15,892), totaling $22,203.
• These are awards (A) and tax-withholding disposals (F) — not open-market purchases or sales by the insider.

Key Details

• Transaction date: 2026-06-30 (filed 2026-07-02). No late filing flag provided in the supplied data.
• Grants recorded: total 1,077,896 RSUs (each RSU represents the right to one share; reported at $0 on Form 4).
• Shares withheld for taxes: 35,856 shares; proceeds/withholding value reported as $22,203 (9,709 @ $0.65; 26,147 @ $0.61).
• Shares owned after transaction: not specified in the provided excerpt.
• Transaction codes: A = award/grant; F = tax withholding following vesting.
• Relevant footnotes: multiple RSU types with different vesting conditions — time-based vesting (one-third immediate, remaining in annual installments), performance/price-based vesting (stock-price hurdles over specified trading-day periods), acceleration on change in control in some cases, and vesting tied to remediation of internal control weaknesses.

Context

• These entries reflect equity compensation (RSUs) granted subject to vesting and performance conditions, and a routine withholding of shares to cover tax obligations — common and not the same as an insider buying or selling stock for investment purposes.
• The derivative-designated entries refer to contingent RSUs (rights to receive shares if/when vesting conditions are met), not option exercises or open-market trades.