Kastin David 4
Research Summary
AI-generated summary
Greenbacker Director David Kastin Receives 2,310-Share Award
What Happened
- David Kastin, a director of Greenbacker Renewable Energy Co LLC, was granted 2,310.002 shares on 2026-01-09. The shares were reported as an award/acquisition (transaction code A) at $0.00 per share (total reported value $0.00), indicating a compensatory grant rather than a cash purchase.
Key Details
- Transaction date: 2026-01-09
- Filing date: 2026-01-21 (filed 12 days after the transaction; Form 4 is typically due within 2 business days)
- Price per share: $0.00 — classified as an award/grant
- Total shares reported: 2,310.002
- Shares owned after transaction: Not specified in the provided filing details
- Notable notes: Transaction coded A (award/grant). No 10b5-1 plan, tax withholding, or sale details were reported in the information provided.
Context
- Awards at $0 typically reflect compensation (e.g., restricted stock or RSUs) and may vest over time; they are not open-market purchases and therefore are not a direct "buy" signal from personal cash investment. Filing later than the usual 2-business-day window is noted; late filings can reduce the timeliness of disclosure for investors.