Vulcan Infrastructure CEO buys 58,479 shares

Vulcan Infrastructure & Power Inc.’s CEO purchased additional Class A shares directly from the company in a PIPE closing on September 10, 2026.

Rhea-AI Filing Summary

Vulcan Infrastructure & Power Inc. (VIP) reported that Chief Executive Officer and director Jordan Kovler purchased 58,479 shares of Class A Common Stock on September 10, 2026 at $1.71 per share. The shares were bought directly from the company in connection with its previously announced PIPE transaction.

Following this purchase, Kovler directly holds 383,885 shares of Vulcan Infrastructure & Power Inc. Class A Common Stock. No Rule 10b5-1 trading plan is reported for this transaction.

Insider Trade Summary

Net Buyer: 58,479 shares

Net Buy 1 txn

Insider Kovler Jordan

Role Chief Executive Officer

Bought 58,479 shs ($100K)

Type	Security	Shares	Price	Value
Purchase	Class A Common Stock F1	58,479	$1.71	$100K

Holdings After Transaction: Class A Common Stock — 383,885 shares (Direct)

Footnotes (1)

1. F1. Represents shares of the Issuer's Class A Common Stock purchased directly from the Issuer by the Reporting Purchaser in connection with the PIPE transaction announced by the Issuer on July 20, 2026, which closed on September 10, 2026.

Key Figures

Shares purchased: 58,479 shares Purchase price per share: $1.71 per share Shares owned after transaction: 383,885 shares +2 more

5 metrics

Shares purchased 58,479 shares Class A Common Stock purchased on September 10, 2026

Purchase price per share $1.71 per share Price paid by CEO for Class A Common Stock on September 10, 2026

Shares owned after transaction 383,885 shares CEO’s direct holdings of Class A Common Stock after the purchase

Buy transactions in filing 1 transaction Net-buy activity reported for this Form 4

Shares net bought 58,479 shares Net share change from reported insider activity

Key Terms

Class A Common Stock, PIPE transaction, Rule 10b5-1

3 terms

Class A Common Stock financial

"Represents shares of the Issuer's Class A Common Stock purchased directly"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

PIPE transaction financial

"purchased directly from the Issuer by the Reporting Purchaser in connection with the PIPE transaction"

A PIPE transaction is when a publicly traded company sells new shares or convertible securities directly to a select group of private investors, rather than through a public offering. It’s essentially a quick way for a company to raise cash, but it can dilute existing shareholders and often involves a price discount, so investors watch PIPEs for their potential impact on share value and ownership stakes—like a private top-up that changes the size of everyone’s slice of the pie.

Rule 10b5-1 regulatory

"No Rule 10b5-1 trading plan is reported for this transaction"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did VIP disclose for its CEO Jordan Kovler?

Vulcan Infrastructure & Power Inc. disclosed that CEO Jordan Kovler purchased 58,479 Class A shares on September 10, 2026 at $1.71 per share, in a transaction directly with the company linked to its PIPE financing.

How many VIP shares does CEO Jordan Kovler own after this Form 4 transaction?

After the reported transaction, CEO Jordan Kovler directly owns 383,885 shares of Vulcan Infrastructure & Power Inc. Class A Common Stock, as stated in the Form 4 filing.

Was the September 10, 2026 VIP insider purchase under a Rule 10b5-1 plan?

No. The filing indicates no Rule 10b5-1 trading plan for the September 10, 2026 purchase of Vulcan Infrastructure & Power Inc. Class A Common Stock by CEO Jordan Kovler.

What was the price paid per VIP share in the CEO’s September 10, 2026 purchase?

CEO Jordan Kovler paid $1.71 per share for 58,479 shares of Vulcan Infrastructure & Power Inc. Class A Common Stock in the September 10, 2026 transaction.

How is the insider purchase related to Vulcan Infrastructure & Power Inc.’s PIPE transaction?

The footnote states the 58,479 shares were purchased directly from Vulcan Infrastructure & Power Inc. by the reporting purchaser in connection with the PIPE transaction the company announced on July 20, 2026, which closed on September 10, 2026.

What security class did the VIP CEO purchase in this Form 4 filing?

CEO Jordan Kovler purchased shares of Class A Common Stock of Vulcan Infrastructure & Power Inc., as reported in the Form 4 insider transaction.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/14/2026 - 04:53 PM Accepted by SEC EDGAR 09/14/2026 - 04:49 PM Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Kovler Jordan

(Last) (First) (Middle)

C/O VULCAN INFRASTRUCTURE AND POWER INC.

1159 PITTSFORD-VICTOR ROAD, SUITE 240

(Street)

PITTSFORD NEW YORK 14534

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Vulcan Infrastructure & Power Inc. [ GREE ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/10/2026

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

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

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

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
Class A Common Stock	09/10/2026(1)		P		58,479	A	$1.71	383,885	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. Represents shares of the Issuer's Class A Common Stock purchased directly from the Issuer by the Reporting Purchaser in connection with the PIPE transaction announced by the Issuer on July 20, 2026, which closed on September 10, 2026.

Remarks:

	/s/ Jordan Kovler	09/14/2026
	** 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.
* Form 4: SEC 1474 (03-26)