Miller John P. 4
4 · SPRUCE POWER HOLDING CORP · Filed Feb 6, 2026
Research Summary
AI-generated summary of this filing
Spruce Power (SPRU) Director John P. Miller Receives 75,000 RSUs
What Happened
John P. Miller, a director of Spruce Power Holding Corp (SPRU), was awarded 75,000 restricted stock units (RSUs) on June 24, 2025. The grant is reported at $0.00 (no cash purchase) and each RSU represents a contingent right to one share of common stock; the RSUs vest on June 24, 2026, subject to continued service. The Form 4 disclosing this award was filed on February 6, 2026.
Key Details
- Transaction date: 2025-06-24 — Grant/Award (transaction code A)
- Amount: 75,000 RSUs; reported acquisition price: $0.00
- Vesting: RSUs vest on 2026-06-24, contingent on continued service (footnote)
- Shares owned after transaction: not disclosed in the filing
- Filing timeliness: Form 4 filed ~7.5 months after the grant (late vs. the normal 2-business-day rule)
Context
- RSUs are equity compensation that convert to shares (or cash) only upon vesting; they are not an immediate purchase or sale.
- Such awards are common for directors as compensation and are not direct indicators of buying or selling intent; the late filing reduces the immediacy of public disclosure.
Insider Transaction Report
Form 4
Miller John P.
Director
Transactions
- Award
Common Stock
[F1]2025-06-24+75,000→ 155,593 total
Footnotes (1)
- [F1]The securities awarded are in the form of restricted stock units (RSUs) that each represent a contingent right to receive one share of the issuer's common stock. Subject to the reporting person's continued service through the vesting date, the RSUs will vest on June 24, 2026.
Signature
/s/ Jonathan M. Norling, as Attorney-in-Fact|2025-10-08