Vulcan Infrastructure (GREE) Director Michael Neuscheler Receives RSU Award

What Happened

• Michael P. Neuscheler, a director of Vulcan Infrastructure & Power Inc. (GREE), received two grants of restricted stock units (RSUs): 60,000 RSUs on 2026-09-09 and 42,349 RSUs on 2026-09-10. Each RSU represents a contingent right to one share of Class A common stock. Both grants show an acquisition price of $0.00 (i.e., awards rather than purchases) and therefore no cash purchase value was reported.

Key Details

• Transaction dates and prices:
  • 2026-09-09: 60,000 RSUs @ $0.00 (Footnote F1)
  • 2026-09-10: 42,349 RSUs @ $0.00 (Footnote F2)
• Vesting:
  • F1 (60,000 RSUs): one-time equity award; vests in full 60 days from grant date.
  • F2 (42,349 RSUs): annual equity retainer; vests in full on the first anniversary of the grant date.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Filing: Form 4 filed 2026-09-11 (appears timely given the 2026-09-09 and 2026-09-10 grant dates).
• Plan/authority: Grants made under the Issuer’s Fourth Amended and Restated 2021 Equity Incentive Plan.

Context

• RSU grants are compensation awards that convert to actual shares only upon vesting; they are not open-market purchases (not a direct bullish trade signal). The 60,000-unit award was described as a one-time award recognizing contributions to the company’s strategic transformation; the 42,349-unit award is an annual board retainer. These kinds of awards are common for board members and align the director’s interests with shareholders but do not, by themselves, indicate immediate insider buying or selling.