Vulcan Infrastructure CEO sells shares for tax withholding

Vulcan Infrastructure & Power Inc. director and Chief Executive Officer Jordan Kovler reported a sale of 35721 shares of Class A Common Stock on 2026-07-24 at $2.4500 per share.

Rhea-AI Filing Summary

Vulcan Infrastructure & Power Inc. director and Chief Executive Officer Jordan Kovler reported a sale of 35721 shares of Class A Common Stock on 2026-07-24 at $2.4500 per share.

According to the disclosure, these shares were sold to satisfy tax withholding obligations related to vesting of restricted stock units and do not represent a discretionary trade, leaving Kovler with 325406 shares owned directly.

Insider Trade Summary

Net Seller: 35,721 shares

Net Sell 1 txn

Insider Kovler Jordan

Role Chief Executive Officer

Sold 35,721 shs ($88K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock F1	35,721	$2.45	$88K

Holdings After Transaction: Class A Common Stock — 325,406 shares (Direct)

Footnotes (1)

1. F1. Represents the number of shares sold to cover the tax withholding obligations in connection with the vesting of certain restricted stock units and does not represent a discretionary sale by the Reporting Person.

Key Figures

Shares sold: 35721 shares Price per share: $2.4500 Shares owned after: 325406 shares +1 more

4 metrics

Shares sold 35721 shares Class A Common Stock sale on 2026-07-24 by CEO Jordan Kovler

Price per share $2.4500 Per-share price for the 35721 shares sold

Shares owned after 325406 shares Direct Class A Common Stock holdings after the reported transaction

Net buy/sell shares -35721 shares Net share change from reported non-derivative transactions

Key Terms

restricted stock units, tax withholding obligations, Class A Common Stock, open market or private transaction

4 terms

restricted stock units financial

"in connection with the vesting of certain restricted stock units"

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.

tax withholding obligations financial

"shares sold to cover the tax withholding obligations in connection"

Class A Common Stock financial

"security_title": "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.

open market or private transaction financial

"transaction_code_description": "Sale in open market or private transaction""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Vulcan Infrastructure & Power Inc. (GREE) CEO Jordan Kovler report in this Form 4?

Jordan Kovler reported a sale of 35721 shares of Class A Common Stock at $2.4500 per share on 2026-07-24. The transaction was linked to tax withholding from vesting restricted stock units, not a discretionary market trade.

How many Vulcan Infrastructure & Power Inc. (GREE) shares does the CEO hold after the reported transaction?

After the transaction, Jordan Kovler directly holds 325406 shares of Class A Common Stock. The filing describes the sold shares as covering tax withholding obligations from restricted stock unit vesting rather than a voluntary reduction of his overall position.

What was the price per share in the Vulcan Infrastructure & Power Inc. (GREE) CEO’s reported sale?

The reported sale was executed at $2.4500 per share for 35721 shares of Class A Common Stock. This price applies specifically to the shares sold to satisfy tax withholding tied to vesting restricted stock units.

Was the Vulcan Infrastructure & Power Inc. (GREE) CEO’s Form 4 sale a discretionary trade?

No. The filing states the 35721 shares sold represent shares used to cover tax withholding obligations from restricted stock unit vesting and “does not represent a discretionary sale” by Jordan Kovler, distinguishing it from an elective open-market divestment.

Was the Vulcan Infrastructure & Power Inc. (GREE) CEO’s share sale under a Rule 10b5-1 trading plan?

The Rule 10b5-1 trading plan checkbox was not marked, and the footnote describes the sale as covering tax withholding obligations, not as occurring under a pre-arranged Rule 10b5-1 trading plan or other trading arrangement.

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

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Accepted by SEC EDGAR 07/24/2026 - 04:05 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Kovler Jordan

(Last) (First) (Middle)

C/O VULCAN INFRASTRUCTURE AND POWER 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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/24/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	07/24/2026(1)		S		35,721	D	$2.45	325,406	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents the number of shares sold to cover the tax withholding obligations in connection with the vesting of certain restricted stock units and does not represent a discretionary sale by the Reporting Person.

Remarks:

	/s/ Jordan Kovler	07/24/2026
	** Signature of Reporting Person	Date
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)