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Vulcan Infrastructure (GREE) CFO receives 35,000 restricted stock units in one-time award

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Mulvihill Christian reported acquisition or exercise transactions in this Form 4 filing.

Christian Mulvihill, Chief Financial Officer of Vulcan Infrastructure & Power Inc., received a grant of 35,000 restricted stock units of Class A Common Stock on July 20, 2026 as a one-time equity award in recognition of his contributions to the company’s strategic transformation, including a strategic investment announced that day. Each unit is a contingent right to one share and vests in full on July 23, 2026. After this grant and a 707-share correction of a past overstatement, he beneficially owns 190,734 shares.

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Insider Mulvihill Christian
Role Chief Financial Officer
Type Security Shares Price Value
Grant/Award Class A Common Stock F1, F2 35,000 $0.00 $0.00
Holdings After Transaction: Class A Common Stock — 190,734 shares (Direct)
Footnotes (2)
  1. F1. Represents restricted stock units granted as a one-time equity award in recognition of the Reporting Person's contributions to the Issuer's strategic transformation, including the entry into definitive agreements for the strategic investment announced on July 20, 2026, 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. The award will vest in its entirety on July 23, 2026.
  2. F2. The amount of securities reflects the correction of a past overstatement of 707 shares of Class A Common Stock beneficially owned by the Reporting Person due to an unidentified reporting error.
Restricted stock units granted 35,000 shares One-time equity award of RSUs on July 20, 2026
Shares beneficially owned after transaction 190,734 shares Total Class A Common Stock held by CFO following grant and correction
Correction of prior overstatement 707 shares Reduction in previously reported Class A Common Stock holdings due to reporting error
restricted stock units financial
"Represents restricted stock units granted as a one-time equity award"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
beneficially owned financial
"overstatement of 707 shares of Class A Common Stock beneficially owned"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Equity Incentive Plan financial
"pursuant to the Issuer's Third Amended and Restated 2021 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
strategic transformation financial
"in recognition of the Reporting Person's contributions to the Issuer's strategic transformation"
A strategic transformation is a planned, company-wide change in how a business operates, competes, or makes money—such as shifting products, reorganizing teams, adopting new technology, or entering new markets. For investors it matters because these shifts aim to improve long-term growth or profitability but carry risks and costs up front; think of it like remodeling a house to increase its value—potentially higher returns, but with disruption and uncertainty during the work.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transaction did Vulcan Infrastructure & Power (GREE) report for its CFO?

Christian Mulvihill received a grant of 35,000 restricted stock units of Class A Common Stock. The one-time award recognizes his contributions to Vulcan Infrastructure & Power’s strategic transformation, including definitive agreements for a strategic investment announced on July 20, 2026.

When do the new restricted stock units for GREE’s CFO vest?

The 35,000 restricted stock units granted to GREE’s CFO vest in full on July 23, 2026. Each unit represents a contingent right to receive one share of Class A Common Stock once vesting conditions are satisfied.

How many Vulcan Infrastructure & Power (GREE) shares does the CFO beneficially own after this award?

After the reported grant and share-count correction, the CFO beneficially owns 190,734 shares of Class A Common Stock. This total reflects adjustment of a prior 707-share overstatement caused by an unidentified reporting error.

What caused the 707-share adjustment in the GREE CFO’s reported holdings?

The filing states that the reported holdings were reduced by 707 shares to correct a past overstatement. The overstatement was attributed to an unidentified reporting error affecting the previously reported Class A Common Stock beneficially owned.

Under which plan were the GREE CFO’s restricted stock units granted?

The 35,000 restricted stock units were granted under Vulcan Infrastructure & Power’s Third Amended and Restated 2021 Equity Incentive Plan. This plan governs equity-based awards such as restricted stock units for eligible participants, including executives.

Was the GREE CFO’s equity grant reported under a Rule 10b5-1 trading plan?

No, the filing’s Rule 10b5-1 checkbox is not marked as affirming a trading plan. The reported transaction is a compensatory equity award, not an open-market purchase or sale executed under a pre-arranged trading plan.
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*
Mulvihill Christian

(Last)(First)(Middle)
C/O GREENIDGE GENERATION HOLDINGS INC.
1159 PITTSFORD-VICTOR ROAD, SUITE 240

(Street)
PITTSFORD NEW YORK 14534

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Vulcan Infrastructure & Power Inc. [ GREE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form 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 Stock07/20/2026(1)A35,000A$0190,734(2)D
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
Explanation of Responses:
1. Represents restricted stock units granted as a one-time equity award in recognition of the Reporting Person's contributions to the Issuer's strategic transformation, including the entry into definitive agreements for the strategic investment announced on July 20, 2026, 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. The award will vest in its entirety on July 23, 2026.
2. The amount of securities reflects the correction of a past overstatement of 707 shares of Class A Common Stock beneficially owned by the Reporting Person due to an unidentified reporting error.
Remarks:
/s/ Christian Mulvihill07/22/2026
** 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)