HASI director granted 5,574 LTIP units
HA Sustainable Infrastructure Capital, Inc. director Lizabeth A. Ardisana received a grant of 5,574 LTIP Units on June 3, 2026.
Rhea-AI Filing Summary
HA Sustainable Infrastructure Capital, Inc. director Lizabeth A. Ardisana received a grant of 5,574 LTIP Units on June 3, 2026. These long-term incentive plan units are tied to the company’s common stock and were awarded at a price of $0.00 per unit as compensation rather than an open-market purchase.
After this award, Ardisana holds 21,988 LTIP Units, each currently linked one-for-one to potential OP Units of the partnership, which can later be exchanged for cash or an equivalent number of common shares under specified conditions. Separately, she directly holds 1,862 common shares, including 317 acquired through a dividend reinvestment program since her last filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 5,574 shares
Grant/Award
2 txns
Insider
ARDISANA LIZABETH A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | LTIP Units | 5,574 | $0.00 | $0.00 |
| holding | Common stock, par value $0.01 per share | -- | -- | -- |
Holdings After Transaction:
LTIP Units — 21,988 contracts (Direct);
Common stock, par value $0.01 per share — 1,862 shares (Direct)
Footnotes (4)
- F1. Includes 317 shares of Common stock which were acquired through a dividend reinvestment program since the Reporting Owner's last Section 16 filing.
- F2. 21,988 units of limited partner interest ("OP Units") in Hannon Armstrong Sustainable Infrastructure, LP (the "Partnership") are issuable upon the vesting and conversion of 21,988 long-term incentive plan units ("LTIP Units") in the Partnership.
- F3. Vested LTIP Units, after achieving parity with OP Units (as described in the Partnership's Amended and Restated Agreement of Limited Partnership (the "Partnership Agreement")), are eligible to be converted into OP Units on a one-for-one basis upon the satisfaction of conditions set forth in the Partnership Agreement. Upon conversion of LTIP Units into OP Units, the Reporting Person will have the right to cause the Partnership to redeem a portion of the Reporting Person's OP Units for cash in an amount equal to the market value (as defined in the Partnership Agreement) of an equivalent number of shares of common stock, par value $0.01 per share, of HA Sustainable Infrastructure Capital, Inc. (the "Issuer"), or at the Issuer's option, shares of the Issuer's common stock on a one-for-one basis, subject to certain adjustments.
- F4. N/A
Key Figures
LTIP Units granted: 5,574 units
LTIP Units outstanding after grant: 21,988 units
Common shares held: 1,862 shares
+3 more
6 metrics
LTIP Units granted
5,574 units
Grant on June 3, 2026 at $0.00 per unit
LTIP Units outstanding after grant
21,988 units
Total LTIP Units held by director after transaction
Common shares held
1,862 shares
Direct common stock ownership after reported update
Dividend reinvestment shares
317 shares
Common stock acquired via dividend reinvestment since last filing
LTIP to OP conversion ratio
1:1
Each LTIP Unit convertible into one OP Unit upon vesting
OP Unit redemption reference
1 share equivalent
Each OP Unit redeemable for cash or one common share equivalent
Key Terms
LTIP Units, OP Units, dividend reinvestment program, limited partner interest, +1 more
5 terms
LTIP Units financial
"21,988 long-term incentive plan units ("LTIP Units") in the Partnership."
LTIP units are awards given to executives and employees as part of a long-term incentive plan; they act like deferred bonuses that convert into company shares or cash only if the business meets set performance or time requirements. Investors care because LTIP units tie management pay to future results, can increase the number of outstanding shares (dilution) when they vest, and create ongoing compensation expense that can affect earnings and shareholder value.
OP Units financial
"21,988 units of limited partner interest ("OP Units") in Hannon Armstrong Sustainable Infrastructure, LP"
OP units are ownership stakes in an operating partnership that sits beneath a public parent company, commonly used by real estate and energy firms to hold assets and distributions. Think of them like special shares in a subsidiary: they give economic rights to profits and cash payouts but are structured differently from the parent’s common stock, so investors watch OP unit issuance because it can change the effective ownership, future distributions, and potential dilution of the parent company’s equity.
dividend reinvestment program financial
"Includes 317 shares of Common stock which were acquired through a dividend reinvestment program"
A dividend reinvestment program lets investors automatically use cash dividends to buy more shares of the same company instead of taking the money as cash. Think of it like an automatic savings plan that turns small payouts into additional ownership, often including fractional shares, which can speed up compound growth and reduce the need for manual buying decisions — a convenience that can boost long-term returns for shareholders.
limited partner interest financial
"21,988 units of limited partner interest ("OP Units") in Hannon Armstrong Sustainable Infrastructure, LP"
Partnership Agreement financial
"as described in the Partnership's Amended and Restated Agreement of Limited Partnership (the "Partnership Agreement")"
A partnership agreement is a written contract that lays out how two or more parties will work together, splitting responsibilities, profits, losses and decision-making. Think of it as a detailed roadmap or house rulebook for a joint project; it matters to investors because the terms determine how much revenue and risk a company will take on, how quickly it can act, and whether the partnership could dilute control or boost growth potential.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did HASI director Lizabeth Ardisana report on this Form 4?
Lizabeth Ardisana reported receiving 5,574 LTIP Units as a compensation grant. The award was made on June 3, 2026 at a price of $0.00 per unit, increasing her total LTIP Units to 21,988 tied to HA Sustainable Infrastructure Capital, Inc. common stock.
How many HA Sustainable Infrastructure Capital (HASI) LTIP Units does the director hold after this filing?
After the grant, the director holds 21,988 LTIP Units. These units in the partnership can vest and convert into an equal number of OP Units, which are then redeemable for cash or, at the issuer’s option, common shares of HA Sustainable Infrastructure Capital, Inc.
Did the HASI director buy or sell common stock in the open market in this Form 4?
The filing does not show any open-market buys or sells of common stock. It reports current direct ownership of 1,862 common shares, including 317 accumulated through a dividend reinvestment program since the prior Section 16 filing.
What is the significance of the dividend reinvestment program mentioned in the HASI Form 4?
The dividend reinvestment program added 317 common shares to the director’s holdings. Instead of taking cash dividends, those amounts were automatically used to purchase additional HA Sustainable Infrastructure Capital, Inc. shares, increasing her direct ownership to 1,862 common shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
