Irwin Dale 4
Research Summary
AI-generated summary
Greenidge (GREE) President Irwin Dale Sells Shares
What Happened
- Irwin Dale, President of Greenidge Generation Holdings, sold a total of 1,985 shares on February 2, 2026. The sales were 6 shares at $1.26 (reported $8) and 1,979 shares at $1.28 (reported $2,533), totaling roughly $2,541. The transactions are reported as sales (code "S") and were executed to satisfy tax withholding obligations tied to the vesting of restricted stock units, not as discretionary market sells.
Key Details
- Transaction dates/prices: 2026-02-02 — 6 shares @ $1.26 and 1,979 shares @ $1.28.
- Total proceeds reported: approximately $2,541 (rounded in filing).
- Shares sold to cover tax withholding (Footnote F1): these sales “do not represent a discretionary sale by the Reporting Person.”
- Filing date: 2026-02-04 (filed within the typical two-business-day Form 4 window).
- Shares owned after the transaction: not specified in the summary data provided (see the full SEC filing for holdings).
Context
- Sales to cover tax withholding on RSU vesting are routine and common; they generally reflect tax obligations rather than an insider’s view on the company’s outlook. For retail investors, such withholding sales are typically less informative than outright discretionary sales or purchases.