Atlas Capital entities receive Greenidge Generation (GREE) stock under agreement
Rhea-AI Filing Summary
Greenidge Generation Holdings Inc. reported that investment entities affiliated with Atlas Capital received a stock payment under an Equity Interest Payment Agreement. On January 8, 2026, the company paid $163,598 to Atlas in the form of 79,320 shares of Class A common stock at $2.06 per share. Of these shares, 56,834 were issued to Atlas Capital Resources (A9) LP, 20,407 to Atlas Capital Resources (A9-Parallel) LP, and 2,079 to Atlas Capital Resources (P) LP.
Following this transaction, Atlas-related entities report indirect beneficial ownership of 3,956,317 shares, consisting of 1,276,287 Class A shares and 2,680,030 Class B shares that are convertible into an equal number of Class A shares at the holder’s option. The filing lists Atlas Capital Resources GP LLC, Atlas Capital GP LP, Atlas Capital Resources (A9) LP, and individuals Andrew M. Bursky and Timothy J. Fazio as reporting persons, with each party disclaiming beneficial ownership except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did Greenidge Generation (GREE) report on January 8, 2026?
The company reported that Atlas-affiliated entities received 79,320 shares of Class A common stock on January 8, 2026 as a stock payment valued at $163,598 under an Equity Interest Payment Agreement.
Who received the 79,320 Greenidge Generation Class A shares in this Form 4 filing?
The 79,320 Class A shares were issued to Atlas entities: 56,834 to Atlas Capital Resources (A9) LP, 20,407 to Atlas Capital Resources (A9-Parallel) LP, and 2,079 to Atlas Capital Resources (P) LP.
What was the price per share in the Atlas Capital stock payment from Greenidge Generation (GREE)?
The stock payment was based on the Agreement’s formula and recorded at $2.06 per share for the 79,320 Class A common shares issued to the Atlas entities.
How many Greenidge Generation shares do the Atlas entities report owning after this transaction?
After the reported transaction, Atlas-related entities report indirect beneficial ownership of 3,956,317 shares, comprising 1,276,287 Class A shares and 2,680,030 Class B shares that are convertible into an equal number of Class A shares.
Which reporting persons are named in this Greenidge Generation (GREE) Form 4?
The filing lists Atlas Capital Resources GP LLC, Atlas Capital GP LP, Atlas Capital Resources (A9) LP, and individuals Andrew M. Bursky and Timothy J. Fazio as reporting persons, all in director and 10% owner roles.
Do the Atlas entities and individuals fully claim beneficial ownership of the Greenidge Generation shares?
No. The filing states that each of Messrs. Bursky and Fazio and each of the Atlas entities disclaims beneficial ownership of the Class A common stock except to the extent of any pecuniary interest.