Form 4: Evgo CEO Badar Khan Reports Stock Transactions
SEC Form 4 Filing
CEO Badar Khan reports the vesting of restricted stock units and subsequent stock transactions.
Summary
- On May 18, 2025, Badar Khan, CEO of EVgo Inc., reported transactions involving Class A Common Stock.
- Khan acquired 1,781 shares of Class A Common Stock upon the vesting of restricted stock units (RSUs).
- Simultaneously, 447 shares were disposed of to cover tax obligations at a price of $3.85 per share.
- Following these transactions, Khan directly owns 487,047 shares of Class A Common Stock.
- The RSUs were awarded under the company's 2021 Long Term Incentive Plan and vested in three equal annual installments.
Sentiment
Score: 5
Explanation: This is a neutral filing reflecting standard executive compensation practices. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency regarding the CEO's stake in the company.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects the CEO's compensation and alignment with company performance.
Key Dates
| Date | Description |
|---|---|
| 06/09/2022 | RSUs awarded to Badar Khan |
| 05/18/2025 | Date of earliest transaction, RSUs vested, and shares disposed of for tax obligations |
| 05/20/2025 | Date of signature on the Form 4 filing |
Keywords
EVgo, Badar Khan, Form 4, Stock Transactions, Restricted Stock Units, Class A Common Stock, Beneficial Ownership
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