Norling Jonathan McWhinnie 4

What Happened Jonathan McWhinnie Norling, Chief Legal Officer of Spruce Power Holding Corp (SPRU), had 6,032 shares withheld on April 3, 2026 to satisfy tax withholding obligations related to vested restricted stock units (RSUs). The shares were valued at $4.13 each, for a total withholding value of $24,912. This was not an open-market sale but a tax-withholding disposition (transaction code F).

Key Details

• Transaction date and price: April 3, 2026 — 6,032 shares withheld at $4.13/share (total ~$24,912).
• Transaction type: F = shares withheld to cover tax withholding on vested RSUs (net settlement).
• Footnote: The RSUs withheld were those reported originally on the Form 4 filed April 5, 2023.
• Shares owned after transaction: Not specified in the provided filing.
• Filing timeliness: Form 4 was filed on April 10, 2026 (7 days after the transaction), which is later than the typical 2-business-day reporting window.

Context Tax-withholding dispositions are routine when RSUs vest and do not necessarily signal insider buying or selling intent in the market; they are a cashless method to satisfy tax obligations. Because this was a withholding to cover taxes (not a market sale), it should be interpreted as administrative, not a directional bet on the stock.