Vulcan Infrastructure CFO buys 58K shares

Vulcan Infrastructure & Power’s CFO increased his direct stake through a PIPE-related share purchase from the company.

Rhea-AI Filing Summary

Vulcan Infrastructure & Power Inc. (VIP) reported that Chief Financial Officer Christian Mulvihill 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 a PIPE transaction that closed that day, bringing his direct holdings to 234,475 shares. No Rule 10b5-1 trading plan is reported for this transaction.

Insider Trade Summary

Net Buyer: 58,479 shares

Net Buy 1 txn

Insider Mulvihill Christian

Role Chief Financial 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 — 234,475 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 held after transaction: 234,475 shares +1 more

4 metrics

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

Purchase price per share $1.71 per share Price for the 58,479 Class A shares acquired on September 10, 2026

Shares held after transaction 234,475 shares CFO’s direct holdings of Class A Common Stock after the purchase

Net insider share change 58,479 shares Net buy reported in this Form 4

Key Terms

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

3 terms

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.

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.

Rule 10b5-1 trading plan regulatory

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

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

FAQ

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

What insider transaction did VIP report for its CFO?

Vulcan Infrastructure & Power’s CFO Christian Mulvihill purchased 58,479 shares of Class A Common Stock on September 10, 2026 at $1.71 per share, directly from the company in connection with a PIPE transaction that closed the same day.

How many VIP shares does the CFO hold after this Form 4 transaction?

After the reported purchase, CFO Christian Mulvihill directly holds 234,475 shares of Vulcan Infrastructure & Power Inc. Class A Common Stock, according to the Form 4 filing.

Was the VIP CFO’s September 2026 purchase under a Rule 10b5-1 plan?

No. The Form 4 indicates no Rule 10b5-1 trading plan for this transaction; the document-level checkbox is not marked as being made under such a plan.

What price did the VIP CFO pay per share in the reported transaction?

CFO Christian Mulvihill paid $1.71 per share for the 58,479 shares of Vulcan Infrastructure & Power Inc. Class A Common Stock purchased on September 10, 2026.

How was the VIP CFO’s September 10, 2026 share purchase executed?

The purchase was reported as a direct acquisition of Class A Common Stock from Vulcan Infrastructure & Power Inc. in connection with a PIPE transaction that the company announced on July 20, 2026 and closed on September 10, 2026.

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

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Available on EDGAR 09/14/2026 - 04:53 PM EDT Accepted by SEC EDGAR 09/14/2026 - 04:49 PM EDT 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^*

Mulvihill Christian

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial 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	234,475	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/ Christian Mulvihill	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)