Plug Power CFO Paul Middleton Underscores Continued Confidence in Strategic Growth with Additional Share Purchase
LATHAM, N.Y., June 09, 2025 (GLOBE NEWSWIRE) — Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, today announced that Chief Financial Officer Paul Middleton has purchased an additional 650,000 shares of Plug’s common stock on the open market. On June 9, 2025, Middleton acquired 650,000 shares at an average price of $1.0339 per share.
This latest investment follows a previous purchase earlier this month, reinforcing Mr. Middleton’s continued belief in Plug’s long-term strategy, strong financial trajectory, and leadership in building a vertically integrated hydrogen ecosystem.
“This additional investment reflects my strong conviction in Plug’s strategy and long-term value creation.
“As we execute and gain market traction, I continue to see meaningful upside and believe Plug remains one of the most compelling growth opportunities in the energy sector.”
Middleton’s open-market purchase underscores executive confidence in Plug’s operational progress, including the ramp-up of hydrogen production plants, commercialization of GenEco electrolyzers, and growing demand for GenDrive fuel cell solutions across material handling and industrial markets.
He, added:
This is a transformative moment for our business and our industry.
“I believe deeply in Plug’s ability to lead this energy transition—and I’m proud to continue investing in that future,”
The purchase was disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on June 9, 2025.
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Plug Power CFO Paul Middleton Underscores Continued Confidence in Strategic Growth with Additional Share Purchase, source
