Form 4: Blink Charging CTO Harjinder Bhade Reports Share Withholding for Tax Obligations
SEC Form 4
Blink Charging's Chief Technology Officer, Harjinder Bhade, reports withholding shares to cover tax obligations following the vesting of restricted stock.
Summary
- On May 30, 2024, Harjinder Bhade, the Chief Technology Officer of Blink Charging Co., had 3,371 shares of common stock withheld to satisfy tax obligations.
- This transaction occurred following the vesting of restricted stock.
- The price per share for the withholding was $3.17.
- Following the transaction, Bhade directly owns 305,173 shares of Blink Charging Co.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations, so it doesn't significantly impact sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 05/30/2024 | Date of share withholding transaction. |
| 06/03/2024 | Date of signature on the Form 4 filing. |
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