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.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock, par value $0.0001 per share | 79,320 | $2.06 | $163K |
Footnotes (1)
- In connection with the Equity Interest Payment Agreement (the "Agreement"), dated as of January 24, 2025, by and among Greenidge Generation Holdings Inc. (the "Issuer") and Atlas Capital Resources (A9) LP ("ACR9"), Atlas Capital Resources (A9-Parallel) LP ("ACR Parallel"), and Atlas Capital Resources (P) LP ("ACR P" and, together with ACR9 and ACR Parallel, collectively, "Atlas"), the Issuer made a $163,598 payment to Atlas in the form of shares of Class A Common Stock based on the price formula set forth in the Agreement. Of the 79,320 shares of Class A Common Stock issued to Atlas thereunder, 56,834 shares were issued to ACR9, 20,407 shares were issued to ACR Parallel and 2,079 shares were issued to ACR P. Represents 1,276,287 shares of Class A Common Stock and 2,680,030 shares of Class B Common Stock, which are convertible at any time at the option of the holder into an equal number of shares of Class A Common Stock. Atlas Capital GP LP ("ACR GPLP") is the general partner of ACR9, ACR Parallel, ACR P and GGH Bridge Investment LP ("GGH"). Atlas Capital Resources GP LLC ("ACR GP") is the general partner of ACR GPLP. ACR GP, ACR GPLP, ACR9, ACR Parallel, ACR P, and GGH are collectively referred to as the "Atlas Entities." Andrew M. Bursky and Timothy J. Fazio are each a managing partner of ACR GP and may be deemed to control the Atlas Entities. Each of Messrs. Bursky and Fazio and each of the Atlas Entities disclaims beneficial ownership interest of the Class A Common Stock except, in each case, to the extent he or it has any pecuniary interest therein.
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.
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.