Form 4: Plug Power Director Gary K. Willis Acquires Shares as Part of Compensation Plan
SEC Form 4
Gary K. Willis, a director at Plug Power Inc., acquired 14,381 shares of common stock on October 1, 2024, as part of the company's Non-Employee Director Compensation Plan.
Summary
- On October 1, 2024, Gary K. Willis, a director of Plug Power Inc., acquired 14,381 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, Willis directly owns 522,234 shares of Plug Power Inc. common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects a routine transaction related to director compensation. It doesn't indicate any significant positive or negative outlook for the company.
Positives
- The acquisition reflects Willis's continued investment in Plug Power Inc.
Industry Context
This filing is a routine disclosure of a director's stock acquisition, which is a common practice in publicly traded companies as part of their compensation plans.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine part of director compensation.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of transaction: Gary K. Willis acquired 14,381 shares of Plug Power Inc. common stock. |
| 10/03/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.