Blog

To All Plug Power Retail Investors

June 13, 2025

Did you know approximately 50% of Plug Power shares on loan to short sellers come from retail investors? When your shares are on loan, you’re no longer the beneficial owner, and you likely cannot vote on key matters.

That’s important because Plug Power’s Annual Shareholder Meeting on July 3, 2025 includes critical votes — including expanding authorized shares and a potential reverse stock split renewablesnow.com+9plugpower.com+9en.igascn.com+9.

What You Can Do to Help

  • Check and disable share-lending in your brokerage account:
    • On Robinhood: go to Account → Settings → Investing → Stock Lending, and turn OFF.
    • On other platforms, look for “share lending” or “margin lending,” and switch it off.
  • Once lending is disabled, your future shares won’t be borrowed, preserving your ability to vote.

If You can Vote – This is How to Vote:

  1. Review the proxy materials sent in early June (check your email or brokerage mail).
  2. Cast your vote online, by phone, or by mail — follow the instructions provided.
  3. Focus your support on:

Your vote makes a difference. By ensuring that your shares are vote-ready and casting your proxy, you help shape Plug Power’s strategic future. Let’s make our collective voice heard on July 3, 2025