Spruce Power (NYSE: SPRU) awards 2,650 restricted stock units to director
Rhea-AI Filing Summary
Williams Jacqueline T. reported acquisition or exercise transactions in this Form 4 filing.
Spruce Power Holding Corp director Jacqueline T. Williams received an equity compensation grant of 2,650 restricted stock units on August 4, 2026 for board service. These units vest on the first anniversary of the award date. Following this grant and prior dividend-related accruals and reinvestments, she directly holds 19,179 common shares and restricted stock units in total.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,650 shares
Net Buy
1 txn
Insider
Williams Jacqueline T.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2, F3 | 2,650 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 19,179 shares (Direct)
Footnotes (3)
- F1. Award of 2,650 restricted stock units for service as a director. The restricted stock units vest on the first anniversary of the award date.
- F2. Includes shares resulting from dividend equivalent units earned on restricted stock units that vested on August 5, 2026. Includes 2,650 restricted stock units as of the date this Form 4 is filed.
- F3. Includes shares not previously reported that were acquired through the Dividend Reinvestment Plan.
Key Figures
Restricted stock units granted: 2,650 units
Total holdings after transaction: 19,179 shares/units
Award price per unit: $0.0000 per unit
3 metrics
Restricted stock units granted
2,650 units
Equity award to director on August 4, 2026
Total holdings after transaction
19,179 shares/units
Direct common shares and restricted stock units held by Jacqueline T. Williams following the award
Award price per unit
$0.0000 per unit
Reported acquisition price for the 2,650 restricted stock units granted as director compensation
Key Terms
restricted stock units, dividend equivalent units, Dividend Reinvestment Plan
3 terms
restricted stock units financial
"Award of 2,650 restricted stock units for service as a director."
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.
dividend equivalent units financial
"Includes shares resulting from dividend equivalent units earned on restricted stock units"
Dividend equivalent units are bookkeeping credits that mirror cash dividends paid on actual shares, granted to holders of stock-based awards such as restricted stock units or deferred compensation. They matter to investors because they increase a company’s reported employee compensation cost and can lead to issuance of more shares or cash payouts over time, similar to extra pay linked to ownership that affects shareholder dilution and corporate cash flow.
Dividend Reinvestment Plan financial
"Includes shares not previously reported that were acquired through the Dividend Reinvestment Plan."
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did SPRU report for Jacqueline T. Williams?
Jacqueline T. Williams received an equity compensation grant of 2,650 restricted stock units for service as a director on August 4, 2026. These units vest on the first anniversary of the award date and are reported as directly owned.
What are the vesting terms of the 2,650 restricted stock units reported by SPRU?
The 2,650 restricted stock units granted to Jacqueline T. Williams vest on the first anniversary of the award date. Until vesting, they represent a right to receive shares in the future as part of her director compensation.
Were the SPRU restricted stock units granted to Jacqueline T. Williams purchased on the open market?
No, the 2,650 restricted stock units were granted as a director compensation award at a reported price of $0.0000 per unit. This reflects a non-cash equity grant rather than an open-market share purchase by the director.
Does the Spruce Power (SPRU) Form 4 indicate a Rule 10b5-1 trading plan for this transaction?
The Form 4’s Rule 10b5-1 checkbox is not marked as affirming a trading plan for this transaction. The reported activity is an equity compensation award of restricted stock units to a director, not a market trade executed under a preset plan.