EVgo Inc.·4

May 20, 6:01 PM ET

Griffith Scott W. 4

Research Summary

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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.