EVgo (EVGO) CFO Lehner Keefer McGovern Receives RSU Award

What Happened Lehner Keefer McGovern, Chief Financial Officer of EVgo Inc., was granted 258,964 restricted stock units (RSUs) on 2026-09-25. The RSUs are derivative awards (grant price shown as $0.00 on the Form 4) that each represent the contingent right to receive one share of Class A common stock upon vesting.

Key Details

• Transaction date: 2026-09-25; Form 4 filed 2026-09-29 (appears to be filed after the 2-business-day Form 4 deadline).
• Award: 258,964 RSUs; reported acquisition price: $0.00 (derivative grant, not an open-market purchase).
• Post-transaction share holdings: not specified in the provided filing.
• Plan / conversion: RSUs awarded under EVgo’s 2021 Long Term Incentive Plan; each RSU converts to one share of Class A common stock upon vesting (Footnote F1).
• Vesting schedule (Footnote F2): one-third vests on Feb 1, 2027 (the one-year anniversary of Feb 1, 2026); the remaining two-thirds vest in eight roughly equal tranches on May 1, Aug 1, Nov 1, and Feb 1 thereafter, with the award fully vesting on Feb 1, 2029, subject to continued employment.
• Filing timeliness: Form 4 was filed four days after the transaction date; late filings can reduce the usefulness of insider disclosures for investors.

Context RSU grants are compensation awards, not cash purchases or sales, and only convert into actual shares if/when they vest. This grant signals the company compensating its CFO with long-term incentive equity tied to future service and performance, but does not by itself indicate buying or selling sentiment because the shares are not immediately owned or sold.