[Form 4] Greystone Housing Impact Investors LP Beneficial Unit Certificates representing assignments of limited partnership interests Insider Trading Activity

Rhea-AI Filing Summary

Form 4 Filing Details: Director Walter K. Griffith of Greystone Housing Impact Investors LP (GHI) reported the acquisition of restricted units on June 23, 2025.

Transaction Specifics:

• Acquired 5,376 restricted units at $0 cost under the Amended and Restated 2015 Equity Incentive Plan
• Following the transaction, Griffith directly owns 35,179 Beneficial Unit Certificates
• Vesting Schedule: 50% on November 30, 2026, and remaining 50% on November 30, 2027

This equity grant appears to be part of the director compensation program, structured with a two-year vesting period to align the director's interests with long-term unitholder value. The transaction was reported within the required SEC filing deadline.

Positive

• Director Walter K. Griffith received 5,376 restricted units as long-term incentive compensation, with vesting periods extending to 2026 and 2027, demonstrating alignment with long-term shareholder interests

Negative

• None.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Griffith Walter K

(Last) (First) (Middle)

14301 FNB PARKWAY

SUITE 211

(Street)

OMAHA NE 68154

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Greystone Housing Impact Investors LP [ GHI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/23/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Beneficial Unit Certificates	06/23/2025		A(1)		5,376(1)	A	$0	35,179	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Restricted units granted pursuant to the Amended and Restated Greystone Housing Impact Investors LP 2015 Equity Incentive Plan. One-half of the aggregate number of restricted units vest on each November 30, 2026 and 2027.

	/s/ Walter K. Griffith	06/24/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many restricted units did Walter K. Griffith receive from GHI on June 23, 2025?

Walter K. Griffith received 5,376 restricted units from Greystone Housing Impact Investors LP (GHI) on June 23, 2025, granted pursuant to the Amended and Restated Greystone Housing Impact Investors LP 2015 Equity Incentive Plan.

What is the vesting schedule for GHI's restricted units granted to Director Griffith?

The restricted units will vest in two equal installments: one-half will vest on November 30, 2026, and the remaining half will vest on November 30, 2027.

How many GHI beneficial unit certificates does Walter Griffith own after the June 2025 grant?

Following the restricted unit grant transaction, Walter K. Griffith owns 35,179 beneficial unit certificates directly (Form: Direct (D)) in GHI.

What is Walter Griffith's role at GHI according to the Form 4?

According to the Form 4 filing, Walter K. Griffith serves as a Director of Greystone Housing Impact Investors LP (GHI), as indicated by the 'X' marked in the Director box under the Relationship of Reporting Person(s) to Issuer section.

What was the purchase price of GHI restricted units granted to Griffith?

The restricted units were granted at a price of $0, as shown in the 'Price' column of Table I in the Form 4 filing.