EVgo (EVGO) president Kish sold 17,379 shares for $75K at $4.32 under a 10b5-1 plan
Insider transactions reported
Dennis G Kish (President at EVgo Inc., EVGO) reported that they sold 17,379 shares for $75K at $4.32, and acquired 31,034 shares between Jan 2, 2025 and Jan 3, 2025. After these transactions the filing shows 13,655 shares held directly.
- Reporting person
- Kish Dennis G
- Role
- President
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Jan 2, 2025 | Exercise or conversion of a derivative (M) | Class A Common Stock1 | +31,034 | - | - | 31,034 direct |
| Jan 3, 2025 | Open-market sale (S) | Class A Common Stock2 | -17,379 | $4.32 | $75K | 13,655 direct |
Options and other derivatives
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Jan 2, 2025 | Exercise or conversion of a derivative (M) | Restricted Stock UnitsOn 31,034 Class A Common Stock1, 3 | -31,034 | - | - | 0 direct |
Holdings before and after
- Class A Common Stock: 0 to 13,655 direct
- Restricted Stock Units: 31,034 to 0 direct
Footnotes from the filing
- 1. Restricted stock units ( RSUs ) awarded under the Issuer's 2021 Long Term Incentive 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 ).
- 2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.29 to $4.345, inclusive, pursuant to the Reporting Person's 10b5-1 trading plan adopted on March 22, 2024, which plan also gives effect to the Issuer's mandatory sell to cover policy requiring sales in an amount sufficient to cover tax withholding obligations associated with the vesting events. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price in the transactions described in this footnote 2.
- 3. The RSUs vest in three equal annual installments on each of the first three anniversaries of January 1, 2022, subject to the Reporting Person's continued employment through each vesting date.
Transaction codes in this filing
- Open-market sale:
- Code S marks a sale in the open market or a private deal. The insider received cash for these securities.
- Exercise or conversion of a derivative:
- Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
FAQ
What did Kish report in this EVGO Form 4?
Dennis G Kish (President at EVgo Inc., EVGO) reported that they sold 17,379 shares for $75K at $4.32, and acquired 31,034 shares between Jan 2, 2025 and Jan 3, 2025. After these transactions the filing shows 13,655 shares held directly.
How many EVGO shares does Kish hold after this filing?
The filing shows 13,655 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
Was this EVGO insider sale made under a 10b5-1 plan?
The filing's footnotes mention a Rule 10b5-1 trading plan. Such a plan sets the terms of future trades in advance.
What does transaction code S mean on an SEC Form 4?
Code S marks a sale in the open market or a private deal. The insider received cash for these securities.
Historical context for EVGO
Earlier insider filings at EVGO
- Jan 2, 2025Large owner Evgo Holdings, Llc sold $115,000,000 worth of shares (23,000,000 units at $5.00), closing all direct ownership in the company (SEC Form 4)
- Dec 20, 2024Director Nanus David converted options into 23,000,000 shares and sold $115,000,000 worth of shares (23,000,000 units at $5.00) (SEC Form 4)
- Nov 16, 2024Chief Executive Officer Khan Badar converted options into 340,256 shares and sold $856,233 worth of shares (166,725 units at $5.14), increasing direct ownership by 99% to 348,761 units (SEC Form 4)
- Oct 25, 2024SEC Form 4 filed by Director Seelig Jonathan
- Oct 25, 2024SEC Form 4 filed by Chief Financial Officer Dobson Paul Michael
- Market cap
- 30-day
- Sector
- Consumer Discretionary
- Industry
- Automotive Aftermarket
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