STOCK TITAN

Atlas entities receive Greenidge (GREE) stock worth $160,041 in payment

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Greenidge Generation Holdings Inc. issued 114,865 shares of Class A Common Stock to Atlas-affiliated funds as a non-cash payment under an Equity Interest Payment Agreement dated January 24, 2025. The payment had a stated value of $160,041, based on a price formula in the agreement.

Of these shares, 82,302 went to Atlas Capital Resources (A9) LP, 29,552 to Atlas Capital Resources (A9-Parallel) LP, and 3,011 to Atlas Capital Resources (P) LP. Following this transaction, Atlas-related entities held 1,391,152 shares of Class A Common Stock and 2,680,030 shares of Class B Common Stock, which are convertible into an equal number of Class A shares.

Positive

  • None.

Negative

  • None.
Insider Atlas Capital Resources GP LLC, Atlas Capital GP LP, Atlas Capital Resources (A9) LP, BURSKY ANDREW M, Fazio Timothy J
Role Director, 10% Owner | Director, 10% Owner | Director, 10% Owner | Director, 10% Owner | Director, 10% Owner
Type Security Shares Price Value
Other Class A Common Stock, par value $0.0001 per share 114,865 $1.39 $160K
Holdings After Transaction: Class A Common Stock, par value $0.0001 per share — 4,071,182 shares (Indirect, See footnotes)
Footnotes (1)
  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 $160,041 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 114,865 shares of Class A Common Stock issued to Atlas thereunder, 82,302 shares were issued to ACR9, 29,552 shares were issued to ACR Parallel and 3,011 shares were issued to ACR P. Represents 1,391,152 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.
Stock payment value $160,041 Payment to Atlas under Equity Interest Payment Agreement
Shares issued to Atlas 114,865 shares Class A Common Stock issued as payment
Implied price per share $1.39 per share Transaction price for Class A Common Stock
Shares to ACR9 82,302 shares Portion of Class A shares issued to Atlas Capital Resources (A9) LP
Shares to ACR Parallel 29,552 shares Portion of Class A shares issued to Atlas Capital Resources (A9-Parallel) LP
Shares to ACR P 3,011 shares Portion of Class A shares issued to Atlas Capital Resources (P) LP
Class A shares held 1,391,152 shares Class A Common Stock held by Atlas entities after transaction
Class B shares held 2,680,030 shares Class B Common Stock convertible into Class A on a one-for-one basis
Equity Interest Payment Agreement financial
"In connection with the Equity Interest Payment Agreement (the "Agreement"), dated as of January 24, 2025..."
Class A Common Stock financial
"the Issuer made a $160,041 payment to Atlas in the form of shares of Class A Common Stock..."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Class B Common Stock financial
"Represents 1,391,152 shares of Class A Common Stock and 2,680,030 shares of Class B Common Stock..."
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
convertible financial
"shares of Class B Common Stock, which are convertible at any time at the option of the holder..."
A convertible is a type of investment that starts as a loan or preferred stake (like a bond or preferred share) but can be exchanged for common shares of the company at a set price or under certain conditions. It matters to investors because it offers a mix of steady income and downside protection like a loan, plus the upside of stock ownership if the company does well—similar to holding a coupon that you can trade for a full ticket if the event becomes valuable.
beneficial ownership financial
"Each of Messrs. Bursky and Fazio and each of the Atlas Entities disclaims beneficial ownership interest..."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership interest of the Class A Common Stock except...to the extent he or it has any pecuniary interest therein."
SEC Form 4
FORM 4UNITED 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*
Atlas Capital Resources GP LLC

(Last)(First)(Middle)
100 NORTHFIELD STREET

(Street)
GREENWICH CONNECTICUT 06830

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Greenidge Generation Holdings Inc. [ GREE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/09/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock, par value $0.0001 per share04/09/2026J(1)114,865A$1.39(1)4,071,182(2)ISee footnotes(3)(4)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
1. Name and Address of Reporting Person*
Atlas Capital Resources GP LLC

(Last)(First)(Middle)
100 NORTHFIELD STREET

(Street)
GREENWICH CONNECTICUT 06830

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
XDirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Atlas Capital GP LP

(Last)(First)(Middle)
100 NORTHFIELD STREET

(Street)
GREENWICH CONNECTICUT 06830

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
XDirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Atlas Capital Resources (A9) LP

(Last)(First)(Middle)
100 NORTHFIELD STREET

(Street)
GREENWICH CONNECTICUT 06830

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
XDirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
BURSKY ANDREW M

(Last)(First)(Middle)
100 NORTHFIELD STREET

(Street)
GREENWICH CONNECTICUT 06830

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
XDirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Fazio Timothy J

(Last)(First)(Middle)
100 NORTHFIELD STREET

(Street)
GREENWICH CONNECTICUT 06830

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
XDirectorX10% Owner
Officer (give title below)Other (specify below)
Explanation of Responses:
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 $160,041 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 114,865 shares of Class A Common Stock issued to Atlas thereunder, 82,302 shares were issued to ACR9, 29,552 shares were issued to ACR Parallel and 3,011 shares were issued to ACR P.
2. Represents 1,391,152 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.
3. 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.
4. 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.
Atlas Capital Resources GP LLC, /s/ Timothy J. Fazio, Managing Partner04/13/2026
Atlas Capital GP LP, By: Atlas Capital Resources GP LLC, /s/ Timothy J. Fazio, Managing Partner04/13/2026
Atlas Capital Resources (A9) LP, By: Atlas Capital Resources GP LP, By: Atlas Capital Resources GP LLC, /s/ Timothy J. Fazio, Managing Partner04/13/2026
Andrew M. Bursky, /s/ Andrew M. Bursky04/13/2026
Timothy J. Fazio, /s/ Timothy J. Fazio04/13/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Greenidge Generation Holdings (GREE) disclose in this Form 4?

Greenidge disclosed a non-cash payment to Atlas-affiliated funds using Class A Common Stock. The company issued 114,865 shares valued at $160,041 under an Equity Interest Payment Agreement dated January 24, 2025, instead of paying cash.

How many Greenidge (GREE) shares were issued to Atlas entities and how were they allocated?

Greenidge issued 114,865 Class A shares to Atlas entities. Of these, 82,302 shares went to Atlas Capital Resources (A9) LP, 29,552 to Atlas Capital Resources (A9-Parallel) LP, and 3,011 to Atlas Capital Resources (P) LP as part of the agreement.

What is the total value of the stock payment Greenidge (GREE) made to Atlas?

The stock payment to Atlas had a stated value of $160,041. This amount was satisfied in Class A Common Stock, with the number of shares determined by a price formula specified in the Equity Interest Payment Agreement between Greenidge and the Atlas entities.

How many Greenidge (GREE) shares do Atlas entities hold after this transaction?

After the transaction, Atlas-related entities held 1,391,152 shares of Class A Common Stock and 2,680,030 shares of Class B Common Stock. The Class B shares are convertible at any time into an equal number of Class A shares at the holder’s option.

Is the Atlas Form 4 transaction in GREE stock an open-market trade?

No. The Form 4 describes a non-market transaction under an Equity Interest Payment Agreement. Greenidge paid Atlas using newly issued Class A shares instead of cash, rather than Atlas buying or selling shares on the open market.

Do Atlas and its principals fully acknowledge beneficial ownership of all GREE shares?

The filing states that Atlas entities and their principals disclaim beneficial ownership of the Class A Common Stock, except to the extent they have any pecuniary interest in the shares, indicating limited acknowledgment tied to economic interest only.