Steel Excel Inc. 4

What Happened

• Steel Partners Holdings L.P. (part of a group of reporting entities that together own >10% of Spruce Power Holding Corp) acquired 24,335 shares of SPRU on April 20, 2026 at $4.13 per share, for a total reported transaction value of $100,416. This was a purchase (code P).

Key Details

• Transaction date and price: 2026-04-20 — 24,335 shares @ $4.13 each.
• Report filed: Form 4 filed 2026-04-22 (Period of Report: 2026-04-20).
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes: Joint filing by several related Steel Partners entities (Steel Partners Holdings L.P., Steel Partners Holdings GP Inc., SPH Group LLC and affiliates). Securities were reported as owned directly by Steel Connect Sub; the other entities may be deemed to beneficially own those shares through ownership/control relationships. Each reporting person disclaims beneficial ownership except for pecuniary interest.
• Timeliness: No late-filing flag shown in the provided information.

Context

• This is an institutional/10% owner purchase reported by a group of related entities, not an executive officer or director trade. Such purchases can be informative to investors but do not by themselves explain intent. The filing reflects ownership through a subsidiary structure (see footnotes) and is a joint Form 4 disclosure rather than individual insider trading.