Greenidge (GREE) Form 4 shows 22,500 RSU award to director
Rhea-AI Filing Summary
Greenidge Generation Holdings Inc. (GREE) reported an insider equity award to a board member. Director Kenneth H. Fearn, Jr. received 22,500 restricted stock units (RSUs) of Class A common stock on 11/09/2025 for service on a special committee of the board. Each RSU gives the right to receive one share of Class A common stock, and the RSUs vest six months after the grant date. Following this grant, Fearn beneficially owns 174,107 shares of Class A common stock in total. The filing notes it was submitted late due to an inadvertent administrative oversight, and that this was not an error of the reporting person.
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FAQ
What transaction did Greenidge Generation Holdings Inc. (GREE) report in this Form 4?
The filing reports that director Kenneth H. Fearn, Jr. received 22,500 restricted stock units (RSUs) of Greenidge Generation Holdings Inc. Class A common stock on 11/09/2025 as compensation for serving on a special committee of the board.
How do the new RSUs affect Kenneth H. Fearn Jr.'s ownership in GREE?
After the reported RSU grant of 22,500 units, Kenneth H. Fearn, Jr. is reported to beneficially own 174,107 shares of Greenidge Generation Holdings Inc. Class A common stock.
When do the RSUs granted to the GREE director vest?
The 22,500 RSUs granted to Kenneth H. Fearn, Jr. vest six months after the grant date of 11/09/2025, at which point each RSU will convert into one share of Class A common stock.
What was the reported price for the RSUs granted by Greenidge Generation Holdings Inc.?
The Form 4 shows a transaction price of $0 for the 22,500 RSUs, indicating they were granted as compensation rather than purchased in the open market.
Why was this Form 4 for GREE filed late?
The explanation section states that the Form 4 was filed late due to an inadvertent administrative oversight and clarifies that this was not an error of the reporting person.
What role does the reporting person hold at Greenidge Generation Holdings Inc. (GREE)?
The reporting person, Kenneth H. Fearn, Jr., is identified as a director of Greenidge Generation Holdings Inc. on this Form 4.