Greystone Housing CEO Boosts Stake to 227,000 Units with New 4-Year Vesting Grant

Rhea-AI Filing Summary

Kenneth Rogozinski, Chief Executive Officer of Greystone Housing Impact Investors LP (GHI), received a significant equity grant on June 23, 2025. The transaction involved 38,344 restricted Beneficial Unit Certificates awarded at $0 cost under the company's Amended and Restated 2015 Equity Incentive Plan.

Key details of the grant:

• Vesting Schedule: Equal installments of 25% each on November 30 of 2026, 2027, 2028, and 2029
• Post-transaction holdings: 166,733 units held directly and 61,164 units held indirectly through an IRA
• Total beneficial ownership: 227,897 units

This equity award appears to be part of the executive compensation strategy, aligning the CEO's interests with long-term shareholder value through a four-year vesting period.

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

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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^*

Rogozinski Kenneth

(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)

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

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)		38,344(1)	A	$0	166,733	D
Beneficial Unit Certificates								61,164	I	By IRA

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-fourth of the aggregate number of restricted units vest on each November 30, 2026, 2027, 2028 and 2029.

	/s/ Kenneth C. Rogozinski	06/24/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

How many restricted units did GHI's CEO Kenneth Rogozinski receive on June 23, 2025?

Kenneth Rogozinski received 38,344 restricted units 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 CEO's restricted units granted in June 2025?

The restricted units will vest in four equal installments, with one-fourth vesting on each of the following dates: November 30, 2026, November 30, 2027, November 30, 2028, and November 30, 2029.

How many GHI units does Kenneth Rogozinski own directly after the June 2025 grant?

Following the restricted unit grant, Kenneth Rogozinski directly owns 166,733 Beneficial Unit Certificates of GHI.

What is the total number of GHI units owned by CEO Rogozinski including indirect holdings?

Kenneth Rogozinski owns a total of 227,897 units of GHI, consisting of 166,733 units held directly and 61,164 units held indirectly through an IRA.

What was the purchase price of the restricted units granted to GHI's CEO in June 2025?

The restricted units were granted at a price of $0, as they were awarded as part of the company's equity incentive plan compensation.