STOCK TITAN

Atlas entities get Greenidge (GREE) stock in $161,820 equity settlement

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

Rhea-AI Filing Summary

Greenidge Generation Holdings Inc. made an equity-based payment to investment funds affiliated with Atlas under an Equity Interest Payment Agreement. The company paid $161,820 to Atlas in the form of 114,199 shares of Class A Common Stock at $1.42 per share, allocated among Atlas Capital Resources (A9) LP, Atlas Capital Resources (A9-Parallel) LP, and Atlas Capital Resources (P) LP.

Following this transaction, the Atlas entities reported 1,505,351 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 at the holder’s option. Atlas Capital GP LP and Atlas Capital Resources GP LLC act as general partners of the Atlas funds, and Andrew M. Bursky and Timothy J. Fazio may be deemed to control these entities, though all parties disclaim beneficial ownership beyond any pecuniary interest.

Positive

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Insider Atlas Capital Resources GP LLC, Atlas Capital GP LP, Atlas Capital Resources (A9) LP, BURSKY ANDREW M, Fazio Timothy J
Role null | null | null | null | null
Type Security Shares Price Value
Other Class A Common Stock, par value $0.0001 per share 114,199 $1.42 $162K
Holdings After Transaction: Class A Common Stock, par value $0.0001 per share — 4,185,381 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 $161,820 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 114,199 shares of Class A Common Stock issued to Atlas thereunder, 81,825 shares were issued to ACR9, 29,381 shares were issued to ACR Parallel and 2,993 shares were issued to ACR P. Represents 1,505,351 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.
Equity payment value $161,820 Paid to Atlas in Class A shares under Equity Interest Payment Agreement
Shares issued to Atlas 114,199 shares Class A Common Stock issued as payment
Implied share price $1.42 per share Transaction price for Class A Common Stock
Shares to ACR9 81,825 shares Portion of 114,199 Class A shares issued to Atlas Capital Resources (A9) LP
Shares to ACR Parallel 29,381 shares Portion of 114,199 Class A shares issued to Atlas Capital Resources (A9-Parallel) LP
Shares to ACR P 2,993 shares Portion of 114,199 Class A shares issued to Atlas Capital Resources (P) LP
Post-transaction Class A holdings 1,505,351 shares Class A Common Stock reported by Atlas entities after transaction
Post-transaction Class B holdings 2,680,030 shares Class B Common Stock, convertible one-for-one into Class A
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 $161,820 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 1,505,351 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.
general partner financial
"Atlas Capital GP LP ("ACR GPLP") is the general partner of ACR9, ACR Parallel, ACR P and GGH..."
A general partner is the person or firm that runs an investment partnership and legally represents it — they make the day-to-day decisions, choose which assets to buy or sell, and are responsible for the partnership’s obligations. Investors care because the general partner’s judgment, risk-taking and fee and profit-sharing arrangements determine both the potential returns and the level of exposure to losses; think of the GP as the ship’s captain whose skill and honesty shape the voyage’s outcome.
pecuniary interest financial
"Each of Messrs. Bursky and Fazio and each of the Atlas Entities disclaims beneficial ownership interest... except... any pecuniary interest therein."
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FAQ

What insider transaction did Greenidge (GREE) report in this Form 4?

Greenidge reported an equity-based payment to Atlas-affiliated funds. The company issued 114,199 Class A Common shares as consideration under an Equity Interest Payment Agreement, rather than paying cash, to settle a $161,820 obligation.

How many Greenidge (GREE) shares were issued to Atlas entities?

Greenidge issued 114,199 Class A Common shares to Atlas entities. Of these, 81,825 shares went to ACR9, 29,381 to ACR Parallel, and 2,993 to ACR P, all under the Equity Interest Payment Agreement dated January 24, 2025.

What was the dollar value of the equity payment to Atlas in Greenidge (GREE) stock?

The equity payment to Atlas was valued at $161,820. This amount was settled in 114,199 shares of Greenidge Class A Common Stock, using the price formula specified in the Equity Interest Payment Agreement between Greenidge and the Atlas funds.

What Greenidge (GREE) share price was used for the Atlas equity payment?

The Form 4 shows a transaction price of $1.42 per Class A share. Multiplying 114,199 shares by $1.42 aligns with the $161,820 payment amount, reflecting the pricing formula in the Equity Interest Payment Agreement between Greenidge and the Atlas entities.

What are the Atlas entities’ reported Greenidge (GREE) holdings after this transaction?

After the transaction, the Atlas entities reported 1,505,351 Class A shares and 2,680,030 Class B shares. The Class B shares are convertible at any time, at the holder’s option, into an equal number of Class A Common shares on a one-for-one basis.

Do Andrew Bursky and Timothy Fazio personally own the reported Greenidge (GREE) shares?

The filing states that Bursky and Fazio may be deemed to control the Atlas entities but disclaim beneficial ownership. They and the Atlas entities disclaim ownership of Greenidge Class A shares except to the extent of any pecuniary interest they may have in those holdings.
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)
07/06/2026
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 share07/06/2026J(1)114,199A$1.42(1)4,185,381(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 $161,820 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 114,199 shares of Class A Common Stock issued to Atlas thereunder, 81,825 shares were issued to ACR9, 29,381 shares were issued to ACR Parallel and 2,993 shares were issued to ACR P.
2. Represents 1,505,351 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 Partner07/08/2026
Atlas Capital GP LP, By: Atlas Capital Resources GP LLC, /s/ Timothy J. Fazio, Managing Partner07/08/2026
Atlas Capital Resources (A9) LP, By: Atlas Capital Resources GP LP, By: Atlas Capital Resources GP LLC, /s/ Timothy J. Fazio, Managing Partner07/08/2026
Andrew M. Bursky, /s/ Andrew M. Bursky07/08/2026
Timothy J. Fazio, /s/ Timothy J. Fazio07/08/2026
** 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)