[Form 4] Greenidge Generation Holdings Inc. Insider Trading Activity
Christian Mulvihill, identified as the Chief Financial Officer of Greenidge Generation Holdings Inc., reported two non-discretionary sales on 09/16/2025 to cover tax withholding related to the vesting of restricted stock units. The Form 4 shows sales at prices of $1.47 and $1.46. Following the reported transactions, the reporting person beneficially owned 98,640 and 98,018 shares respectively as shown on separate reporting lines. The filing is signed on 09/17/2025 and includes an explicit statement that the disposals were made solely to satisfy tax withholding obligations and were not discretionary sales.
- Clear disclosure that the sales were to satisfy tax withholding for vested restricted stock units
- Form signed and filed promptly (dated 09/17/2025) indicating compliance with Section 16 reporting
- None.
Insights
TL;DR: Routine insider share sales to cover RSU tax withholding; no indication of discretionary selling or change to ownership control.
The Form 4 documents two small sales by the CFO on 09/16/2025 at $1.47 and $1.46 per share explicitly to satisfy tax withholding for vested restricted stock units. The filing lists the post-transaction beneficial ownership figures of 98,640 and 98,018 shares on separate lines, consistent with withholding settlements rather than open-market disposals. This activity is administrative and does not, based on the filing, signal a shift in executive stake or control.
TL;DR: Disclosure aligns with Section 16 reporting requirements and clarifies the non-discretionary nature of the transactions.
The Form 4 is properly executed and signed, shows the reporting person as an officer (Chief Financial Officer), and provides an explanatory remark that the sales were to cover tax withholding for RSU vesting. From a governance and compliance perspective, this is routine Section 16 reporting that documents compensation-related share settlements and preserves transparency for investors and regulators.