Greystone Housing Strengthens CFO Retention with $1M+ Long-term Stock Package

Rhea-AI Filing Summary

Jesse A. Coury, Chief Financial Officer of Greystone Housing Impact Investors LP (GHI), received a significant equity grant on June 23, 2025. The transaction involved the acquisition of 31,840 restricted Beneficial Unit Certificates at $0 cost under the company's Amended and Restated 2015 Equity Incentive Plan.

Key details of the grant:

• Vesting Schedule: The restricted units will vest in four equal installments on November 30 of 2026, 2027, 2028, and 2029
• Post-transaction holdings: Coury now directly owns 126,880 Beneficial Unit Certificates
• Transaction Code: A(1) indicating a grant/award transaction

This equity award appears to be part of the company's long-term executive compensation strategy, with a four-year vesting period designed to promote retention and align management interests with unitholders.

Positive

• CFO Jesse A. Coury received 31,840 restricted units as long-term incentive compensation, vesting over 4 years through 2029, demonstrating commitment to long-term executive retention

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^*

Coury Jesse A.

(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 Financial 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)		31,840(1)	A	$0	126,880	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-fourth of the aggregate number of restricted units vest on each November 30, 2026, 2027, 2028 and 2029.

	/s/ Jesse A. Coury	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 GHI's CFO Jesse Coury receive on June 23, 2025?

Jesse A. Coury, GHI's Chief Financial Officer, received 31,840 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 CFO's restricted units granted in June 2025?

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

How many Beneficial Unit Certificates does GHI's CFO own after the June 2025 grant?

Following the reported transaction, Jesse A. Coury directly owns 126,880 Beneficial Unit Certificates of Greystone Housing Impact Investors LP (GHI).

What was the purchase price of the restricted units granted to GHI's CFO?

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