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.
Vulcan Infrastructure & Power Inc. reports that Chief Financial Officer Christian Mulvihill executed a sale of 14,738 shares of Class A Common Stock on 2026-07-24 at $2.45 per share. According to the filing, the shares were sold solely to cover tax withholding obligations arising from the vesting of restricted stock units and do not represent a discretionary sale by the executive. Following this transaction, Mulvihill directly holds 175,996 shares of Class A Common Stock.
Vulcan Infrastructure and Power Inc. approved one-time equity awards for three senior executives in connection with their work on the company’s strategic transformation and its entry into definitive agreements for an aggregate strategic investment of approximately $39.4 million.
On July 20, 2026, the Compensation Committee granted 125,000 RSUs to CEO Jordan Kovler, 50,000 RSUs to President Dale Irwin, and 35,000 RSUs to CFO Christian Mulvihill under the Third Amended and Restated 2021 Equity Incentive Plan. Each RSU represents one share of Class A common stock and vested on July 23, 2026.
Kovler Jordan reported acquisition or exercise transactions in this Form 4 filing.
Vulcan Infrastructure & Power Inc. reported that CEO Jordan Kovler received a grant of 125,000 restricted stock units, each representing a contingent right to one share of Class A Common Stock, as a one-time equity award linked to a strategic investment. The award vests in full on July 23, 2026, and his direct holdings after the grant are 361,127 shares.
Irwin Dale reported acquisition or exercise transactions in this Form 4 filing.
Vulcan Infrastructure & Power Inc. reported that President Irwin Dale received a one-time grant of 50,000 restricted stock units on July 20, 2026, under its Third Amended and Restated 2021 Equity Incentive Plan. Each unit represents one share of Class A Common Stock and vests on July 23, 2026, bringing his reported direct holdings to 223,630 shares.
Mulvihill Christian reported acquisition or exercise transactions in this Form 4 filing.
Christian Mulvihill, Chief Financial Officer of Vulcan Infrastructure & Power Inc., received a grant of 35,000 restricted stock units of Class A Common Stock on July 20, 2026 as a one-time equity award in recognition of his contributions to the company’s strategic transformation, including a strategic investment announced that day. Each unit is a contingent right to one share and vests in full on July 23, 2026. After this grant and a 707-share correction of a past overstatement, he beneficially owns 190,734 shares.
An affiliate of Atlas Capital has agreed to purchase 2,923,976 shares of Vulcan Infrastructure and Power Inc. Class A Common Stock at $1.71 per share, for an aggregate $5,000,000 private placement, with closing subject to satisfaction or waiver of customary conditions.
At closing, an Investor Rights Agreement will expand the board to 10 directors, including 4 nominated by the purchaser, then reduce it to 8 directors after certain regulatory approvals, including one purchaser nominee and one independent director identified by the purchaser. After the 2027 annual meeting, the purchaser may nominate 2 directors if it and its affiliates beneficially own at least 7.5% of Class A Common Stock on a fully diluted basis, or 1 director if ownership is at least 5.0%.
The Investor Rights Agreement also provides a capital committee seat for an Atlas director, a non-voting board observer, pro rata rights to purchase future equity issuances, registration rights, and project-level acquisition or promote fees. Atlas-affiliated reporting persons collectively beneficially own 4,185,382 shares of Class A Common Stock (assuming conversion of 2,680,031 Class B shares), representing approximately 23.1% of the outstanding Class A Common Stock, based on 15,286,349 shares outstanding as of June 30, 2026.
Vulcan Infrastructure and Power Inc. (formerly Greenidge Generation Holdings Inc.) has entered into definitive agreements for a private investment in public equity financing of approximately $39.4 million at $1.71 per share. The company plans to use the net proceeds primarily to redeem about $33 million of its 8.50% senior notes due October 2026, with any remainder for general corporate purposes.
The financing includes a senior secured convertible note to MIG REF II INFR, LLC bearing 10.0% annual payment-in-kind interest, maturing three years from issuance with a $2.1375 conversion price, and a warrant exercisable at $1.71 for three years. These instruments are secured by cryptocurrency mining equipment, including roughly 6,258 miners, and powered land in Mississippi, and carry covenants such as a minimum liquidity requirement of $10.0 million and limitations on additional indebtedness and liens.
New investor rights agreements give MIG, Atlas and others board nomination, observer, preemptive and registration rights tied to ownership thresholds, and create sponsor incentive fee arrangements. The company has rebranded as Vulcan Infrastructure and Power Inc., will change its Nasdaq ticker from GREE to VIP, reports 104 MW of existing energized capacity with a 654 MW development pipeline, and has obtained written stockholder consent to increase its equity incentive plan reserve by 2,500,000 shares to 5,083,111.
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.
Atlas Capital-affiliated funds filed Amendment No. 4 to their Schedule 13D on Greenidge Generation Holdings Inc., updating their ownership and recent share issuances. The reporting group now beneficially owns 4,185,381 shares of Class A Common Stock on an as-converted basis, representing about 23.1% of the outstanding Class A shares.
The position reflects 1,505,351 shares of Class A Common Stock and 2,680,030 shares of Class B Common Stock, which are convertible one-for-one into Class A. Atlas Capital Resources (A9) LP accounts for roughly 16.1% on an as-converted basis, and Atlas Capital Resources (A9-Parallel) LP for about 5.8%.
The amendment also details an Equity Interest Payment Agreement under which Greenidge paid interest to Atlas in Class A stock instead of cash. Between April 8, 2025 and July 6, 2026, the issuer made several interest payments, including 90,954 shares for $119,205 and 114,199 shares for $161,820, increasing the group’s equity stake.