Kravetz Shawn W 4
4 · SPRUCE POWER HOLDING CORP · Filed May 7, 2026
Research Summary
AI-generated summary of this filing
Spruce Power (SPRU) Director Shawn Kravetz Receives 187,500 RSUs
What Happened
- Shawn W. Kravetz, a director of Spruce Power Holding Corp. (SPRU), was granted two awards on June 24, 2025: 75,000 RSUs and 112,500 RSUs (total 187,500 RSUs). Each RSU is a contingent right to one share of common stock. Both grants were reported with $0.00 cash consideration (transaction code A = Award/Grant).
Key Details
- Transaction date: June 24, 2025. Form 4 filing date: May 7, 2026 (late filing).
- Price: $0.00 per RSU; reported cash value for the grants = $0.
- Vesting:
- 75,000 RSUs: vest one‑third on each of June 24, 2026, June 24, 2027, and June 24, 2028. (Footnote F1)
- 112,500 RSUs: vest in full on June 24, 2026. (Footnote F2)
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Filing timeliness: The Form 4 was filed roughly 10+ months after the grant date (Form 4s are normally due within 2 business days), reducing the timeliness of disclosure.
Context
- RSUs are compensation awards that convert to actual shares only upon vesting and are contingent on continued service; they are not open‑market purchases or sales. Such awards are common for directors and reflect compensation, not necessarily a direct buy/sell signal about the director’s view of the stock.
- No sale, exercise, or tax‑withholding transactions were reported in this excerpt.
Insider Transaction Report
Form 4
Kravetz Shawn W
Director
Transactions
- Award
Common Stock
[F1]2025-06-24+75,000→ 83,000 total - Award
Common Stock
[F2]2025-06-24+112,500→ 195,500 total
Holdings
- 311,382(indirect: By LLC)
Common Stock
Footnotes (2)
- [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, one-third of the RSUs vest on each of June 24, 2026, June 24, 2027 and June 24, 2028
- [F2]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|2026-05-06