GREE CEO gets 110K RSUs; shares withheld for tax
Greenidge Generation Holdings Inc. director and Chief Executive Officer Jordan Kovler reported compensation-related transactions in the company’s Class A Common Stock.
Rhea-AI Filing Summary
Greenidge Generation Holdings Inc. director and Chief Executive Officer Jordan Kovler reported compensation-related transactions in the company’s Class A Common Stock. On March 4, 2026, he acquired 110,000 restricted stock units as bonus compensation for fiscal year 2025 under the company’s equity incentive plan; the units vested immediately into shares.
On March 11, 2026, 26,785 shares were withheld to cover his tax liability from the vesting of these restricted stock units, a tax-withholding disposition rather than a discretionary sale. After these entries, he directly held 236,127 shares of Class A Common Stock. A footnote explains the Form 4 was filed late due to an administrative oversight during migration to a new stock administration platform, not because 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 | 26,785 | $1.38 | $37K |
| 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 GREE CEO Jordan Kovler report on this Form 4?
Were the GREE insider transactions open-market purchases or sales of stock?
Why was the GREE Form 4 for Jordan Kovler filed late?
What was the nature of the 110,000 restricted stock units granted to GREE’s CEO?
AI-generated analysis. How Rhea-AI works. Not financial advice.