Plug Power Inc. announced that its Chief Financial Officer, Paul Middleton, purchased 350,000 shares of the company’s common stock in an open market transaction on May 16, 2025. The shares were acquired at an average price of $0.7154 per share, totaling approximately $250,000.
Middleton stated that this purchase underscores his conviction in Plug’s current strategy and future potential to dominate the hydrogen economy at scale. He expressed confidence in the company’s financial strength and growth potential.
This insider transaction follows Plug’s Q1 2025 earnings results, which demonstrated continued progress toward strategic and financial goals, including improved cash flow and expanded hydrogen production capacity. The purchase aligns with the company's executive compensation program aimed at linking leadership incentives with shareholder value.
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