Form 4: Plug Power Director Colin M. Angle Acquires Shares as Part of Compensation Plan
SEC Form 4
Director Colin M. Angle acquired 1,673 shares of Plug Power Inc. common stock on October 1, 2024, as part of the company's Non-Employee Director Compensation Plan.
Summary
- On October 1, 2024, Colin M. Angle, a director of Plug Power Inc., acquired 1,673 shares of common stock.
- The acquisition was part of Plug Power Inc.'s Non-Employee Director Compensation Plan.
- The price per share was $2.26.
- Following the transaction, Mr. Angle directly owns 1,673 shares.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects a standard compensation practice. It's neither particularly positive nor negative.
Positives
- The acquisition reflects the director's continued investment in the company.
Industry Context
This type of transaction is common for directors receiving compensation in the form of company stock.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is part of a pre-defined compensation plan.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of transaction: Colin M. Angle acquired 1,673 shares of Plug Power Inc. common stock. |
| 10/03/2024 | Date of signature: Form 4 signed by Gerard L. Conway Jr., Attorney-in-Fact. |
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