Weatherley-White Carl 4
4 · Greenbacker Renewable Energy Co LLC · Filed Apr 27, 2026
Research Summary
AI-generated summary of this filing
Greenbacker Renewable Energy CFO Carl Weatherley-White Receives Award
What Happened
Carl Weatherley-White, Chief Financial Officer of Greenbacker Renewable Energy Company LLC, received awards of restricted share units (RSUs) on April 24, 2026. The filing reports two grants: 116,117.28 RSUs and 464,469.11 RSUs, totaling 580,586.39 RSUs. Each unit was granted at $0.00 (derivative award) — these are compensation awards, not open-market purchases or sales.
Key Details
- Transaction date: April 24, 2026; Form 4 filed April 27, 2026.
- Grant details: 116,117.28 RSUs (A) and 464,469.11 RSUs (A); grant price reported $0.00.
- Total RSUs granted: 580,586.39. These are derivative awards (contingent rights), not ordinary shares issued at grant.
- Vesting and settlement: RSUs vest subject to performance criteria (performance period Jan 1, 2026 – Dec 31, 2028) and also vest in three equal annual installments on each anniversary of April 1, 2026; vested RSUs will be settled as soon as reasonably practicable and may be paid in cash, Class P‑I shares, other securities/property, or a mix. (See footnotes F1–F4 in the filing.)
- Shares owned after transaction: Not disclosed in this filing.
- Filing timeliness: Reported via Form 4 on April 27, 2026 (three days after the transaction date as reported).
Context
These RSUs are compensation awards tied to time and performance; they do not represent an immediate purchase or sale of shares. For retail investors, such grants are routine executive compensation and should not be read as a direct buy/sell signal. Vested RSUs will convert to cash or equity per the company’s determination and the award’s settlement rules.
Insider Transaction Report
- Award
Restricted Share Units (Time)
[F1][F2][F3]2026-04-24+116,117.28→ 307,529.95 total→ Class P-I Shares (116,117.28 underlying) - Award
Restricted Share Units (Performance)
[F1][F2][F4]2026-04-24+464,469.11→ 844,093.32 total→ Class P-I Shares (464,469.11 underlying)
Footnotes (4)
- [F1]Greenbacker Renewable Energy Company LLC (the "Company") granted these restricted share units to the Reporting Person pursuant to the Company's 2023 Equity Incentive Plan.
- [F2]Each restricted share unit represents a contingent right to receive an amount equal to one Class P-I Share in (w) cash, (x) common shares (y) other securities or other property, as applicable, or (z) any combination thereof, as determined by the Company.
- [F3]The restricted share units vest in three equal annual installments on each anniversary of April 1, 2026. Vested restricted share units will be settled as soon as reasonably practicable following such vesting.
- [F4]The restricted share units vest based on the satisfaction of certain performance criteria during the performance period beginning on January 1, 2026, and ending on December 31, 2028. Vested restricted share units will be settled as soon as reasonably practicable following such vesting.