EVgo Inc.·4

May 20, 6:01 PM ET

Griffith Scott W. 4

4 · EVgo Inc. · Filed May 20, 2026

Research Summary

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Updated

EVgo Director Scott W. Griffith Converts RSUs; Receives 63,745 RSU Grant

What Happened

  • Scott W. Griffith, a director of EVgo Inc. (EVGO), had RSUs convert into a total of 49,386 shares on May 18, 2026 (5,556 and 43,830 shares). Those converted shares are reported as both acquired and immediately disposed on the same date at $0.00. On May 20, 2026 he was granted 63,745 RSUs (reported as a derivative grant, $0.00).
  • All reported prices are $0.00 because these transactions reflect RSU conversions and awards rather than open-market cash purchases or sales. These events are typically compensation/vesting-related rather than a directional market trade.

Key Details

  • Transaction dates and prices: May 18, 2026 — conversion/exercise of derivatives for 5,556 and 43,830 shares (acquired and disposed), $0.00; May 20, 2026 — grant of 63,745 RSUs, $0.00.
  • Shares owned after transaction: not specified in the Form 4 filing.
  • Footnotes: F1–F4 indicate these are restricted stock units (RSUs). F2/F3 describe prior grants and vesting schedules that explain the May 18 conversions; F4 describes the May 20, 2026 RSU grant and its vesting (subject to continued service).
  • Filing/timeliness: Form 4 filed May 20, 2026 reporting transactions dated May 18, 2026 — filed within the usual two-business-day window (timely).

Context

  • The Form 4 codes “M” (exercise or conversion of a derivative) indicate RSUs converted into common shares on vesting. The matching acquisition and immediate disposition of the same share amounts often reflects net settlement or tax-withholding processes, but the filing does not state the specific reason. The May 20 entry (code A) is an RSU award that vests per the footnote schedule and is standard director compensation, not an open-market purchase.

Insider Transaction Report

Form 4
Period: 2026-05-18
Transactions
  • Exercise/Conversion

    Class A Common Stock

    2026-05-18+5,55664,444 total
  • Exercise/Conversion

    Class A Common Stock

    2026-05-18+43,830108,274 total
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F2]
    2026-05-1843,8300 total
    Class A Common Stock (43,830 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F3]
    2026-05-185,5565,556 total
    Class A Common Stock (5,556 underlying)
  • Award

    Restricted Stock Units

    [F1][F4]
    2026-05-20+63,74563,745 total
    Class A Common Stock (63,745 underlying)
Footnotes (4)
  • [F1]Restricted stock units ("RSUs") awarded under the Issuer's 2021 Long Term Incentive Plan (the "Plan"). Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's Class A common stock, $0.0001 par value ("Class A Common Stock").
  • [F2]RSUs awarded to the Reporting Person on May 20, 2025. The RSUs vested in full on the first anniversary of May 18, 2025, and were subject to the Reporting Person's continued service as a director through such vesting date.
  • [F3]RSUs awarded to the Reporting Person on May 20, 2024. The RSUs vest in three equal annual installments on each of the first three anniversaries of May 18, 2024, subject to the Reporting Person's continued service as a director through such vesting dates.
  • [F4]RSUs awarded to the Reporting Person on May 20, 2026. The RSUs will vest in full on the first anniversary of May 18, 2026, subject to the Reporting Person's continued service as a director through such vesting date.
Signature
/s/ Scott W. Griffith, by Francine Sullivan, as Attorney-in-Fact|2026-05-20

Documents

1 file
  • 4
    wk-form4_1779314460.xmlPrimary

    FORM 4