Greenbacker Renewable Energy Director Robert Herriott Receives 2,322 Shares

What Happened

• Robert Paul Herriott Jr, a director of Greenbacker Renewable Energy Co LLC, was granted 2,322.341 shares on April 6, 2026. The shares were reported as acquired at $0.00 (total reported value $0), indicating an award or compensation grant rather than an open-market purchase or sale.

Key Details

• Transaction date: April 6, 2026
• Filing date: April 8, 2026 (filed within the typical 2-business-day window)
• Transaction type/code: Award/Grant (A)
• Shares involved: 2,322.341; price per share reported: $0.00; total reported consideration: $0
• Shares owned after transaction: Not specified in the Form 4 filing
• No additional footnotes (e.g., 10b5-1 plan, tax withholding) disclosed on the filing

Context

• A $0 acquisition typically reflects a compensation-related grant (e.g., restricted stock or director award) rather than a market purchase; such grants are routine for board compensation and do not directly signal buying or selling intent.
• This is an insider award (not a sale). Retail investors often view purchases as stronger signals than awards, but awards are useful to monitor for dilution and executive/director compensation trends.