Welch Barry Edward 4

What Happened Barry Edward Welch, a director of HA Sustainable Infrastructure Capital, Inc. (HASI), was granted 3,553 shares on 2026-06-03 as an award/derivative (price reported $0.00; no cash paid). The Form 4 reports this as an award/acquisition of derivative securities rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-03; Form 4 filed 2026-06-05 (appears timely).
• Shares granted: 3,553 shares; reported price $0.00 (award/derivative), total cash exchanged $0.
• Post-transaction holdings: not specified in the excerpt provided.
• Relevant footnotes:
  • F1: 8,719 OP Units in Hannon Armstrong Sustainable Infrastructure, LP are issuable upon vesting/conversion of 8,719 LTIP Units.
  • F2: Vested LTIP Units can convert one-for-one into OP Units; upon conversion the holder may elect redemption for cash equal to market value or receive HASI common shares one-for-one (subject to the Partnership Agreement and adjustments).
• Exhibit: Power of Attorney dated April 30, 2026 (Ex. 24.1) attached to the filing.

Context This was a grant/award of derivative securities tied to long-term incentive plan units and potential conversion into partnership OP Units (and ultimately cash or HASI shares upon redemption), not a market purchase or sale. Such awards are routine compensation/long-term incentive mechanisms and do not by themselves indicate a buy or sell signal.