Greenbacker Renewable Energy Co LLC·4

Apr 27, 8:22 PM ET

Weatherley-White Carl 4

Research Summary

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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.