Battaglia Michael C. 4
4 · Blink Charging Co. · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Blink Charging (BLNK) CEO Michael Battaglia Receives RSU Awards
What Happened
- Michael C. Battaglia, President, CEO and Director of Blink Charging (BLNK), was granted a total of approximately 1,678,506 restricted stock units (RSUs) on June 30, 2026 (grants reported as acquisitions at $0.00). To satisfy tax withholding on vested RSUs, a total of 36,751 shares were withheld/disposed (32,993 shares at $0.65 for $21,445 and 3,758 shares at $0.68 for $2,555), representing roughly $24,000 in withholding obligations. These transactions were reported on a Form 4 filed July 2, 2026.
Key Details
- Transaction date: June 30, 2026; Form 4 filed July 2, 2026 (timely filing).
- Grants: ~1,678,506 RSUs received (reported as awards at $0.00 per share).
- Withholding (tax): 36,751 shares withheld in two transactions (32,993 @ $0.65; 3,758 @ $0.68) totaling ≈$24,000.
- Shares owned after transaction: filing does not state a single aggregate number here; a footnote (F2) notes inclusion of 23,388 RSUs that were previously omitted from beneficial ownership calculations.
- Notable footnotes:
- Several RSU grants have different vesting triggers: time-based vesting in annual installments (some with immediate one-third vesting), performance/price hurdles (vesting in 25% increments upon stock-price milestones or full vesting at certain price/time thresholds), and vesting tied to remediation of internal control weaknesses. Grants were subject to and approved by stockholders on June 30, 2026.
- Withholding transactions are routine tax-withholding following RSU vesting (transaction code F).
- Transaction codes: A = Award/Grant; F = withholding to satisfy tax obligations.
Context
- These were awards (RSUs), not open-market purchases or sales intended as market bets. The withheld shares represent a standard tax withholding mechanism (cashless settlement) after RSU vesting, not a market-sale decision.
- Some RSUs are performance- or condition-based (price hurdles, control-event acceleration, or remediation of internal controls). That means future actual share issuance depends on meeting those conditions, so not all granted RSUs will necessarily convert to shares immediately.
Insider Transaction Report
Form 4
Battaglia Michael C.
DirectorPresident and CEO
Transactions
- Award
Common Stock, par value $0.001 per share ("Common Stock")
[F1][F2]2026-06-30+205,357→ 716,187 total - Tax Payment
Common Stock
[F3]2026-06-30$0.65/sh−32,993$21,445→ 683,194 total - Award
Common Stock
[F4]2026-06-30+404,930→ 1,088,124 total - Tax Payment
Common Stock
[F5]2026-06-30$0.68/sh−3,758$2,555→ 1,084,366 total - Award
Restricted Stock Units
[F6]2026-06-30+205,357→ 205,357 total→ Common Stock (205,357 underlying) - Award
Restricted Stock Units
[F7]2026-06-30+769,366→ 769,366 total→ Common Stock (769,366 underlying) - Award
Restricted Stock Units
[F8]2026-06-30+93,496→ 93,496 total→ Common Stock (93,496 underlying)
Footnotes (8)
- [F1]The Reporting Person received restricted stock units granted under the Issuer's 2018 Incentive Compensation Plan (the "Plan"). Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. The restricted stock units vest in three equal increments, one-third of which vested immediately and the remaining two-thirds to vest on the first and second anniversaries of April 14, 2026, the date the Issuer's Board of Directors approved the grant, which was subject to stockholder approval to increase the number of shares reserved for issuance under the Plan (the "Amendment") at the Issuer's 2026 Annual Meeting of Stockholders held on June 30, 2026 (the "Annual Meeting"). The Issuer's stockholders approved the Amendment on June 30, 2026.
- [F2]Represents the total number of shares of Common Stock beneficially owned, including 23,388 restricted stock units granted under the Plan that were inadvertently excluded due to administrative error. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. The restricted stock units vest in three annual increments, one-third of which vested on February 24, 2026 and the remaining two-thirds to vest on February 24, 2027 and February 24, 2028, respectively.
- [F3]This transaction represents the withholding of shares of Common Stock to satisfy the tax withholding obligations following the vesting of restricted stock units.
- [F4]The Reporting Person received restricted stock units granted under the Plan. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. The restricted stock units vest in three annual increments on the first, second and third anniversaries of April 14, 2026, the date the Issuer's Board of Directors approved the grant, which was subject to stockholder approval of the Amendment at the Annual Meeting. The Issuer's stockholders approved the Amendment on June 30, 2026.
- [F5]This transaction represents the withholding of shares of Common Stock to satisfy the tax withholding obligations following the vesting of restricted stock units.
- [F6]The Reporting Person received restricted stock units granted under the Plan. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. The restricted stock units vest in 25% increments if the closing price of the Issuer's Common Stock meets or exceeds $3.00, $5.00, $7.50 and $9.00 per share, respectively, for 90 consecutive trading days, with 100% acceleration of vesting upon a change in control if the stock price hurdle is not met or exceeded by the value of the consideration paid to the Issuer's common stockholders in the change in control transaction. The grant of such restricted stock units was subject to stockholder approval of the Amendment at the Annual Meeting. The Issuer's stockholders approved the Amendment on June 30, 2026.
- [F7]The Reporting Person received restricted stock units granted under the Plan. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. The restricted stock units vest in full if the closing price of the Issuer's Common Stock meets or exceeds $2.25 per share for 60 trading days. The grant of such restricted stock units was subject to stockholder approval of the Amendment at the Annual Meeting. The Issuer's stockholders approved the Amendment on June 30, 2026.
- [F8]The Reporting Person received restricted stock units granted under the Plan. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. The restricted stock units vest in full upon the resolution of material weaknesses in the Issuer's internal controls over financial reporting and the approval by the Issuer's Board of Directors. The grant of such restricted stock units was subject to stockholder approval of the Amendment at the Annual Meeting. The Issuer's stockholders approved the Amendment on June 30, 2026.
Signature
/s/ Michael C. Battaglia|2026-07-02