Brenner Teresa 4
4 · HA Sustainable Infrastructure Capital, Inc. · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
HASI Director Teresa Brenner Receives Award of 3,553 Shares
What Happened
- Teresa Brenner, a director of HA Sustainable Infrastructure Capital, Inc. (HASI), was granted 3,553 shares as an award on June 3, 2026. The grant is reported as a derivative award with an acquisition price of $0.00 (no cash paid).
Key Details
- Transaction date: 2026-06-03; Form 4 filed: 2026-06-05 (appears timely — within the 2-business-day reporting window).
- Shares granted: 3,553 (reported as a derivative award, acquisition price $0.00).
- Shares owned after the transaction: Not disclosed in the provided filing extract.
- Notable footnotes:
- F1/F2: The report references 30,787 LTIP units in the related partnership that are convertible into OP Units; converted OP Units can be redeemed for cash equal to the market value of an equivalent number of HASI common shares or, at the issuer’s option, exchanged one-for-one for HASI common stock, subject to the partnership agreement terms.
- F3: N/A.
- Remarks: Exhibit 24.1 — Power of Attorney dated April 30, 2026, is attached.
Context
- This is an award/grant (derivative LTIP-related award), not an open-market purchase or sale. Such awards typically reflect compensation or long-term incentive plan grants; they do not by themselves indicate a purchase or sale decision by the insider.
- The award involves LTIP/partnership conversion mechanics (conversion of LTIP units → OP units → potential redemption for cash or shares), so value realization may occur later when conversion/redemption conditions are satisfied.
Insider Transaction Report
Form 4
Brenner Teresa
Director
Transactions
- Award
LTIP Units
[F1][F2][F3]2026-06-03+3,553→ 30,787 total→ Common stock, par value $0.01 per share (3,553 underlying)
Holdings
- 10,360
Common stock, par value $0.01 per share
Footnotes (3)
- [F1]30,787 units of limited partner interest ("OP Units") in Hannon Armstrong Sustainable Infrastructure, LP (the "Partnership") are issuable upon the vesting and conversion of 30,787 long-term incentive plan units ("LTIP Units") in the Partnership.
- [F2]Vested LTIP Units, after achieving parity with OP Units (as described in the Partnership's Amended and Restated Agreement of Limited Partnership (the "Partnership Agreement")), are eligible to be converted into OP Units on a one-for-one basis upon the satisfaction of conditions set forth in the Partnership Agreement. Upon conversion of LTIP Units into OP Units, the Reporting Person will have the right to cause the Partnership to redeem a portion of the Reporting Person's OP Units for cash in an amount equal to the market value (as defined in the Partnership Agreement) of an equivalent number of shares of common stock, par value $0.01 per share, of HA Sustainable Infrastructure Capital, Inc. (the "Issuer"), or at the Issuer's option, shares of the Issuer's common stock on a one-for-one basis, subject to certain adjustments.
- [F3]N/A
Signature
/s/ Michael Stephan, Attorney-in-Fact|2026-06-05