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Vulcan Infrastructure gets $5M Atlas share buy

Director and ten-percent-owner group affiliated with Atlas Capital acquires additional Class A shares of Vulcan Infrastructure & Power Inc. through a private subscription.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Vulcan Infrastructure & Power Inc. (VIP) reported that entities affiliated with Atlas Capital acquired 2,923,976 shares of Class A Common Stock on September 10, 2026 under a Subscription Agreement for $5,000,000, at $1.71 per share. Following this and the conversion of 2,680,031 Class B shares into Class A, Atlas-affiliated entities are reported as holding 7,109,358 Class A shares in total, with Atlas principals Andrew M. Bursky and Timothy J. Fazio disclaiming beneficial ownership beyond their pecuniary interest.

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Insider Atlas Capital Resources GP LLC, Atlas Capital GP LP, Atlas Capital Resources (A9) LP, BURSKY ANDREW M, Fazio Timothy J
Role Director, 10% Owner | Director, 10% Owner | Director, 10% Owner | Director, 10% Owner | Director, 10% Owner
Type Security Shares Price Value
Other Class A Common Stock, par value $0.0001 per share F1, F2, F3, F4 2,923,976 $1.71 $5.00M
Holdings After Transaction: Class A Common Stock, par value $0.0001 per share — 7,109,358 shares (Indirect, See footnotes)
Footnotes (4)
  1. F1. In connection with the Subscription Agreement (the "Agreement"), dated as of July 19, 2026, by and between Vulcan Infrastructure and Power Inc. (f/k/a Greenidge Generation Holdings Inc.) (the "Issuer") and Atlas GREE Investment Holdco LLC ("Atlas GREE"), the Issuer agreed to issue 2,923,976 shares of Class A Common Stock (the "Shares") to Atlas GREE (or its assignees) in exchange for $5,000,000. On September 3, 2026, Atlas GREE assigned its rights to acquire the Shares to Atlas Capital Resources (A9) LP ("ACR9"), Atlas Capital Resources (A9-Parallel) LP ("ACR Parallel"), and Atlas Capital Resources (P) LP ("ACR P" and, together with ACR9 and ACR Parallel, collectively, "Atlas"). On September 10, 2026, the Issuer issued 2,095,299 shares of Class A Common Stock to ACR9, 752,030 shares of Class A Common Stock to ACR Parallel and 76,647 shares of Class A Common Stock to ACR P.
  2. F2. Represents 7,109,358 shares of Class A Common Stock (including 2,680,031 shares of Class B Common Stock, par value $0.0001, that converted into Class A Common Stock on September 10, 2026).
  3. F3. Atlas Capital GP LP ("ACR GPLP") is the general partner of ACR9, ACR Parallel, ACR P and GGH Bridge Investment LP ("GGH"). Atlas Capital Resources GP LLC ("ACR GP") is the general partner of ACR GPLP. ACR GP, ACR GPLP, ACR9, ACR Parallel, ACR P, and GGH are collectively referred to as the "Atlas Entities." Andrew M. Bursky and Timothy J. Fazio are each a managing partner of ACR GP and may be deemed to control the Atlas Entities.
  4. F4. Each of Messrs. Bursky and Fazio and each of the Atlas Entities disclaims beneficial ownership interest of the Class A Common Stock except, in each case, to the extent he or it has any pecuniary interest therein.
Shares acquired 2,923,976 shares Class A Common Stock issued under the Subscription Agreement on September 10, 2026
Subscription amount $5,000,000 Cash consideration for 2,923,976 Class A shares under the July 19, 2026 Subscription Agreement
Price per share $1.71 per share Implied from $5,000,000 for 2,923,976 Class A shares
Post-transaction Class A holdings 7,109,358 shares Class A Common Stock held by Atlas-related entities after the September 10, 2026 transaction and conversions
Class B converted 2,680,031 shares Class B Common Stock converted into Class A Common Stock on September 10, 2026
Allocation to ACR9 2,095,299 shares Class A shares issued to Atlas Capital Resources (A9) LP on September 10, 2026
Allocation to ACR Parallel 752,030 shares Class A shares issued to Atlas Capital Resources (A9-Parallel) LP on September 10, 2026
Allocation to ACR P 76,647 shares Class A shares issued to Atlas Capital Resources (P) LP on September 10, 2026
Subscription Agreement financial
"In connection with the Subscription Agreement (the "Agreement"), dated as of July 19, 2026"
A subscription agreement is a legal contract in which an investor agrees to buy a specific number of a company’s shares or other securities under set terms, including price, payment method and conditions for closing the sale. It matters to investors because it legally locks in their purchase and the company’s obligations, determines ownership percentage and any investor rights, and can include conditions or promises that affect future control or returns—like signing a detailed purchase order for equity.
Class A Common Stock financial
"the Issuer agreed to issue 2,923,976 shares of Class A Common Stock"
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.
Class B Common Stock financial
"including 2,680,031 shares of Class B Common Stock, par value $0.0001, that converted"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
beneficial ownership financial
"disclaims beneficial ownership interest of the Class A Common Stock except"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership interest ... except, in each case, to the extent he or it has any pecuniary interest therein"

FAQ

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

What insider transaction did VIP report involving Atlas Capital entities?

Vulcan Infrastructure & Power Inc. reported Atlas-affiliated entities acquired 2,923,976 Class A shares on September 10, 2026 under a Subscription Agreement, for $5,000,000 at $1.71 per share, in a privately negotiated transaction rather than open-market buying.

What are the key terms of the Subscription Agreement disclosed by VIP?

The Subscription Agreement dated July 19, 2026 provides for Vulcan Infrastructure & Power Inc. to issue 2,923,976 Class A shares to Atlas GREE Investment Holdco LLC or its assignees in exchange for $5,000,000, implying a per-share consideration of $1.71.

Which entities actually received the new VIP shares in this Atlas Capital transaction?

On September 10, 2026, VIP issued 2,095,299 shares of Class A Common Stock to Atlas Capital Resources (A9) LP, 752,030 shares to Atlas Capital Resources (A9-Parallel) LP, and 76,647 shares to Atlas Capital Resources (P) LP under the assigned Subscription Agreement rights.

Do Atlas Capital principals fully own the reported VIP shares?

The filing states that Andrew M. Bursky and Timothy J. Fazio, as managing partners of Atlas Capital Resources GP LLC, may be deemed to control the Atlas entities but each, along with each Atlas entity, disclaims beneficial ownership of the Class A shares except to the extent of any pecuniary interest.

Was the VIP Atlas Capital share acquisition under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is not marked as an affirmative plan; there is no Rule 10b5-1 plan reported for this transaction. The acquisition arose from a negotiated Subscription Agreement rather than a pre-arranged trading plan.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Atlas Capital Resources GP LLC

(Last)(First)(Middle)
100 NORTHFIELD STREET

(Street)
GREENWICH CONNECTICUT 06830

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Vulcan Infrastructure & Power Inc. [ VIP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock, par value $0.0001 per share09/10/2026J(1)2,923,976A$1.71(1)7,109,358(2)ISee footnotes(3)(4)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
1. Name and Address of Reporting Person*
Atlas Capital Resources GP LLC

(Last)(First)(Middle)
100 NORTHFIELD STREET

(Street)
GREENWICH CONNECTICUT 06830

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
XDirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Atlas Capital GP LP

(Last)(First)(Middle)
100 NORTHFIELD STREET

(Street)
GREENWICH CONNECTICUT 06830

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
XDirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Atlas Capital Resources (A9) LP

(Last)(First)(Middle)
100 NORTHFIELD STREET

(Street)
GREENWICH CONNECTICUT 06830

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
XDirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
BURSKY ANDREW M

(Last)(First)(Middle)
100 NORTHFIELD STREET

(Street)
GREENWICH CONNECTICUT 06830

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
XDirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Fazio Timothy J

(Last)(First)(Middle)
100 NORTHFIELD STREET

(Street)
GREENWICH CONNECTICUT 06830

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
XDirectorX10% Owner
Officer (give title below)Other (specify below)
Explanation of Responses:
1. In connection with the Subscription Agreement (the "Agreement"), dated as of July 19, 2026, by and between Vulcan Infrastructure and Power Inc. (f/k/a Greenidge Generation Holdings Inc.) (the "Issuer") and Atlas GREE Investment Holdco LLC ("Atlas GREE"), the Issuer agreed to issue 2,923,976 shares of Class A Common Stock (the "Shares") to Atlas GREE (or its assignees) in exchange for $5,000,000. On September 3, 2026, Atlas GREE assigned its rights to acquire the Shares to Atlas Capital Resources (A9) LP ("ACR9"), Atlas Capital Resources (A9-Parallel) LP ("ACR Parallel"), and Atlas Capital Resources (P) LP ("ACR P" and, together with ACR9 and ACR Parallel, collectively, "Atlas"). On September 10, 2026, the Issuer issued 2,095,299 shares of Class A Common Stock to ACR9, 752,030 shares of Class A Common Stock to ACR Parallel and 76,647 shares of Class A Common Stock to ACR P.
2. Represents 7,109,358 shares of Class A Common Stock (including 2,680,031 shares of Class B Common Stock, par value $0.0001, that converted into Class A Common Stock on September 10, 2026).
3. Atlas Capital GP LP ("ACR GPLP") is the general partner of ACR9, ACR Parallel, ACR P and GGH Bridge Investment LP ("GGH"). Atlas Capital Resources GP LLC ("ACR GP") is the general partner of ACR GPLP. ACR GP, ACR GPLP, ACR9, ACR Parallel, ACR P, and GGH are collectively referred to as the "Atlas Entities." Andrew M. Bursky and Timothy J. Fazio are each a managing partner of ACR GP and may be deemed to control the Atlas Entities.
4. Each of Messrs. Bursky and Fazio and each of the Atlas Entities disclaims beneficial ownership interest of the Class A Common Stock except, in each case, to the extent he or it has any pecuniary interest therein.
Atlas Capital Resources GP LLC, /s/ Timothy J. Fazio, Managing Partner09/14/2026
Atlas Capital GP LP, By: Atlas Capital Resources GP LLC, /s/ Timothy J. Fazio, Managing Partner09/14/2026
Atlas Capital Resources (A9) LP, By: Atlas Capital Resources GP LP, By: Atlas Capital Resources GP LLC, /s/ Timothy J. Fazio, Managing Partner09/14/2026
Andrew M. Bursky, /s/ Andrew M. Bursky09/14/2026
Timothy J. Fazio, /s/ Timothy J. Fazio09/14/2026
** Signature of Reporting PersonDate
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)

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