EVgo (EVGO) CFO receives new RSU and PRSU equity grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EVgo Inc. reported an equity compensation grant to its Chief Financial Officer, Lehner Keefer McGovern. On February 2, 2026, the CFO received 32,776 restricted stock units (RSUs) and 65,552 performance-based RSUs (PRSUs) under EVgo’s 2021 Long Term Incentive Plan.
The RSUs vest in full on the first anniversary of February 2, 2026, contingent on continued employment. The PRSUs vest in three annual installments starting from that date, but only if EVgo’s Class A common stock reaches specified stock price targets any time before February 2, 2031, and the CFO remains in continuous service.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Lehner Keefer McGovern
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 32,776 | $0.00 | -- |
| Grant/Award | Performance-Based Restricted Stock Units | 65,552 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 32,776 shares (Direct);
Performance-Based Restricted Stock Units — 65,552 shares (Direct)
Footnotes (1)
- Restricted stock units ("RSUs") awarded under the Issuer's 2021 Long Term Incentive Plan (the "Plan"). Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's Class A common stock, $0.0001 par value ("Class A Common Stock"). The RSUs vest in full on the first anniversary of February 2, 2026, subject to the Reporting Person's continued employment through such vesting date. Performance-based restricted stock units ("PRSUs") awarded under the Plan. Each PRSU represents a contingent right to receive one share of Class A Common Stock. The PRSUs will vest subject to the independent satisfaction of both a time and performance condition, with the time condition being satisfied in three equal installments on each of the first three anniversaries of February 2, 2026, and the performance condition for each tranche of PRSUs being satisfied if the Class A Common Stock achieves a specified per share stock price (calculated based on a 15-day volume weighted average price) at any time prior to February 2, 2031. The PRSUs vest upon both the achievement of the applicable performance condition and the passing of the applicable installment date (or, if the performance condition is achieved subsequent to an installment date, on the date of such later achievement), subject to the continuous service of the Reporting Person through such date.
FAQ
What insider transaction did EVgo (EVGO) disclose for its CFO?
EVgo disclosed that its Chief Financial Officer, Lehner Keefer McGovern, received equity awards. These include 32,776 restricted stock units and 65,552 performance-based restricted stock units, all granted under the company’s 2021 Long Term Incentive Plan on February 2, 2026.
How many RSUs were granted to the EVgo (EVGO) CFO and when do they vest?
The EVgo CFO was granted 32,776 restricted stock units. These RSUs vest in full on the first anniversary of February 2, 2026, provided the executive remains employed with the company through that vesting date, according to the disclosed award terms.
What are the terms of the performance-based RSUs granted by EVgo (EVGO)?
The CFO received 65,552 performance-based RSUs. They vest over three equal installments on the first three anniversaries of February 2, 2026, but only if specified stock price performance conditions are met before February 2, 2031, and continuous service requirements are satisfied.
How do EVgo (EVGO) RSUs and PRSUs convert into common stock?
Each restricted stock unit and performance-based restricted stock unit represents a contingent right to receive one share of EVgo’s Class A common stock. Shares are delivered only upon satisfaction of the applicable vesting conditions described in the equity grant terms.