Form 4: Plug Power Director Gregory Kenausis Reports Acquisition of Shares
SEC Form 4 Filing
Director Gregory Kenausis reports acquiring 9,243 shares of Plug Power Inc. common stock at $2.13 per share on January 2, 2025.
Summary
- On January 2, 2025, Gregory Kenausis, a director of Plug Power Inc., acquired 9,243 shares of common stock at a price of $2.13 per share.
- The acquisition was part of compensation awarded to directors under Plug Power Inc.'s Non-Employee Director Compensation Plan.
- Following the transaction, Kenausis directly owns 339,195 shares of Plug Power Inc. common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports a transaction by a company director. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Positives
- The acquisition reflects director's continued investment in the company.
Industry Context
This filing is a routine disclosure related to insider trading regulations and provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Date of transaction: Gregory Kenausis acquired shares of Plug Power Inc. |
| 01/06/2025 | Date of signature on the Form 4 filing. |
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