Form 4: Plug Power Director Gary K. Willis Acquires Shares as Part of Compensation Plan
SEC Form 4 Filing
Gary K. Willis, a director at Plug Power Inc., acquired 9,448 shares of common stock on April 1, 2024, as part of the company's Non-Employee Directors Compensation Plan.
Summary
- On April 1, 2024, Gary K. Willis, a director at Plug Power Inc., acquired 9,448 shares of common stock.
- The acquisition was part of Plug Power Inc.'s Non-Employee Directors Compensation Plan.
- The price per share was $3.44.
- Following the transaction, Willis directly owns 456,530 shares of Plug Power Inc.
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 continued director involvement and investment in the company.
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. It provides transparency to investors regarding insider transactions.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding director compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of transaction: Gary K. Willis acquired shares of Plug Power Inc. |
| 04/03/2024 | Date of signature: Form 4 signed by Gerard L. Conway Jr., Attorney-in-Fact |
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