Greenidge president gets RSU grant, tax shares withheld
Greenidge Generation Holdings Inc. President Dale Irwin reported routine equity compensation activity involving Class A Common Stock.
Rhea-AI Filing Summary
Greenidge Generation Holdings Inc. President Dale Irwin reported routine equity compensation activity involving Class A Common Stock. On March 4, 2026, he received a grant of 110,000 restricted stock units as bonus compensation for fiscal year 2025, which vested immediately and converted into shares. On March 11, 2026, 39,655 shares were withheld at $1.38 per share to cover his tax liability related to this vesting, a non-discretionary tax-withholding disposition rather than an open-market sale. After these transactions, he directly held 173,630 shares of Class A Common Stock. The filing notes it was submitted late due to an administrative oversight tied to migration to a new employee stock administration platform, and states this delay was not the result of any error by the reporting person.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 39,655 | $1.38 | $55K |
| Grant/Award | Class A Common Stock | 110,000 | $0.00 | $0.00 |
Footnotes (3)
- F1. This Form 4 is being filed late due to an inadvertent administrative oversight related to the Issuer's migration to a new employee stock administration platform, which delayed the timely reporting of the transaction and was not the result of any error by the Reporting Person.
- F2. Represents restricted stock units granted as bonus compensation for fiscal year 2025 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 and vested immediately.
- F3. Represents the number of shares withheld to cover the Reporting Person's tax liability in connection with the vesting of certain restricted stock units and does not represent a discretionary sale by the Reporting Person.
FAQ
What insider transactions did Greenidge (GREE) President Dale Irwin report?
Was there an open-market sale in the latest GREE Form 4 filing?
How large was the equity award reported by Greenidge (GREE) President Dale Irwin?
Why was the Greenidge (GREE) Form 4 for Dale Irwin filed late?
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