Greenidge CFO gets 95,000 RSUs; shares withheld for tax
Greenidge Generation Holdings Inc. Chief Financial Officer Christian Mulvihill reported compensation-related stock transactions.
Rhea-AI Filing Summary
Greenidge Generation Holdings Inc. Chief Financial Officer Christian Mulvihill reported compensation-related stock transactions. On March 4, 2026, he received 95,000 restricted stock units as bonus compensation for fiscal year 2025, which vested immediately and convert into an equal number of Class A Common shares.
On March 11, 2026, 34,010 shares were withheld at $1.38 per share to cover his tax liability from vesting, which the company notes was not a discretionary sale. After these events, he directly owns 156,441 Class A Common shares. The Form 4 was filed late due to an administrative issue tied to migration to a new stock administration platform.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 34,010 | $1.38 | $47K |
| Grant/Award | Class A Common Stock | 95,000 | $0.00 | $0.00 |
Footnotes (3)
- F1. This Form 4 is being filed late due to an inadvertent administrative oversight related to the Issuer's migration to a new employee stock administration platform, which delayed the timely reporting of the transaction and was not the result of any error by the Reporting Person.
- F2. Represents restricted stock units granted as bonus compensation for fiscal year 2025 pursuant to the Issuer's Third Amended and Restated 2021 Equity Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock and vested immediately.
- F3. Represents the number of shares withheld to cover the Reporting Person's tax liability in connection with the vesting of certain restricted stock units and does not represent a discretionary sale by the Reporting Person.
FAQ
What insider transactions did GREE CFO Christian Mulvihill report?
Why was this Greenidge (GREE) Form 4 filing submitted late?
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