EVgo (EVGO) CLO Francine Sullivan vests RSUs, holds 284,087 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EVgo Inc. officer Francine Sullivan reported routine equity compensation activity involving restricted stock units (RSUs) and Class A common stock. On February 1, 2026, 41,667 and 71,225 RSUs granted under the 2021 Long Term Incentive Plan were converted into the same number of Class A shares at an exercise price of $0.00.
To cover tax withholding on these vestings, 16,396 and 30,619 Class A shares were withheld at a price of $3.01, based on the January 30, 2026 closing price. Following these transactions, Sullivan directly owned 284,087 shares of Class A common stock and 142,450 RSUs that remain outstanding and subject to future vesting conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
112,892 shares exercised/converted
Mixed
6 txns
Insider
Sullivan Francine
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 41,667 | $0.00 | -- |
| Exercise | Restricted Stock Units | 71,225 | $0.00 | -- |
| Exercise | Class A Common Stock | 41,667 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 16,396 | $3.01 | $49K |
| Exercise | Class A Common Stock | 71,225 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 30,619 | $3.01 | $92K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Class A Common Stock — 259,877 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"). On February 1, 2026, the Reporting Person's RSUs vested. The closing price of the Class A Common Stock on January 30, 2026 was the settlement price used to calculate the shares withheld. The RSUs vest in three equal annual installments on each of the first three anniversaries of February 1, 2023, subject to the Reporting Person's continued employment through each vesting date. The RSUs vest in three equal annual installments on each of the first three anniversaries of February 1, 2025, subject to the Reporting Person's continued employment through each vesting date. The Form 4 filed on March 18, 2025 reporting the RSU grant noted that such RSUs vested in three equal installments beginning on their grant date instead of February 1, 2025.
FAQ
What insider transaction did EVgo (EVGO) report for Francine Sullivan?
EVgo reported that officer Francine Sullivan had RSUs vest on February 1, 2026, converting into 41,667 and 71,225 Class A shares. Related shares were withheld to cover taxes, reflecting routine equity compensation rather than an open-market purchase or sale.
How many EVgo RSUs remain outstanding for Francine Sullivan after this Form 4?
Following the February 1, 2026 vesting, 142,450 restricted stock units remain outstanding for Francine Sullivan. These RSUs vest in three equal annual installments tied to February 1, 2023 and February 1, 2025 grant schedules, contingent on continued employment through each vesting date.
What were the key RSU vesting amounts disclosed for EVgo insider Francine Sullivan?
On February 1, 2026, 41,667 and 71,225 RSUs for Francine Sullivan vested and were settled in an equal number of EVgo Class A shares. These RSUs originated from grants under the company’s 2021 Long Term Incentive Plan with multi-year vesting schedules.
What role does Francine Sullivan hold at EVgo in this Form 4 filing?
In this filing, Francine Sullivan is identified as an officer of EVgo, serving as Chief Legal Officer and EVP Corporate Development. The reported transactions reflect equity awards and vesting tied to her executive compensation under the company’s long-term incentive plan.