Spruce Power (NYSE: SPRU) CFO receives 60,000 RSU award vesting through 2029

Rhea-AI Filing Summary

Spruce Power Holding Corp. reported that its Chief Financial Officer received an equity award in the form of restricted stock units (RSUs). On December 8, 2025, the officer was granted 60,000 shares of common stock at a price of $0.00, indicating this was a compensatory grant rather than a market purchase.

The RSUs vest over four years in equal installments, with one-quarter scheduled to vest on each of December 8, 2026, December 8, 2027, December 8, 2028, and December 8, 2029, contingent on continued service. After this grant, the officer beneficially owns 60,000 shares directly.

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

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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^*

Cimino Thomas James

(Last) (First) (Middle)

2000 S COLORADO BLVD,

SUITE 2-825

(Street)

DENVER CO 80222

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SPRUCE POWER HOLDING CORP [ SPRU ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

3. Date of Earliest Transaction (Month/Day/Year)
12/08/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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
Common Stock	12/08/2025		A		60,000(1)	A	$0.00	60,000	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. The securities awarded are in the form of restricted stock units (RSUs) that each represent a contingent right to receive one share of the issuer's common stock. Subject to the reporting person's continued service through the vesting date, one-quarter of the RSUs vest on each of December 8, 2026, December 8, 2027, December 8, 2028 and December 8, 2029.

	/s/ Jonathan M. Norling, Attorney-in-Fact	12/11/2025
	** 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.

FAQ

What insider transaction did SPRU disclose in this Form 4 filing?

Spruce Power Holding Corp. disclosed that its Chief Financial Officer received an award of 60,000 shares of common stock in the form of restricted stock units (RSUs) on December 8, 2025.

At what price were the 60,000 SPRU shares granted to the CFO?

The 60,000 shares underlying the RSU award were reported at a price of $0.00, indicating they were granted as equity compensation rather than purchased on the open market.

How do the RSUs granted to the SPRU CFO vest over time?

The RSUs vest in four equal annual installments, with one-quarter vesting on each of December 8, 2026, December 8, 2027, December 8, 2028, and December 8, 2029, subject to continued service.

How many SPRU shares does the CFO beneficially own after this transaction?

Following the reported RSU grant, the Chief Financial Officer beneficially owns 60,000 shares of Spruce Power Holding Corp. common stock directly.

What type of security was reported in this SPRU Form 4 filing?

The filing reports restricted stock units (RSUs), each representing a contingent right to receive one share of Spruce Power Holding Corp.'s common stock, subject to vesting conditions.

Who signed the SPRU Form 4 reporting this RSU grant?

The Form 4 was signed by Jonathan M. Norling as Attorney-in-Fact on behalf of the reporting person.