de Boer Daniel Joseph 4

What Happened
Daniel J. de Boer, Chief Executive Officer of Greenbacker Renewable Energy Company LLC, received two restricted share unit (RSU) awards on 2026-04-24 totaling 1,056,601.72 units (211,320.25 and 845,281.47 RSUs). Each unit was granted at $0.00 (derivative award) and thus the reported grant value is $0 on the Form 4; these are awards, not open-market purchases or sales.

Key Details

• Transaction date: 2026-04-24; Form 4 filed: 2026-04-27 (appears timely).
• Grants: 211,320.25 RSUs and 845,281.47 RSUs; total = 1,056,601.72 RSUs. Price per unit reported: $0.00 (derivative award).
• Shares owned after transaction: not specified in the filing.
• Material footnotes:
  • Awarded under the Company's 2023 Equity Incentive Plan.
  • Each RSU represents a contingent right to receive one Class P‑I Share (or cash, other shares/securities or a combination) as determined by the company.
  • Vesting: three equal annual installments on each anniversary of April 1, 2026, subject to satisfaction of performance criteria during the period Jan 1, 2026–Dec 31, 2028. Vested RSUs will be settled as soon as reasonably practicable.
• Filing status: No late-filing indication in the record presented.

Context
RSUs are derivative awards that give the holder a contingent right to future shares or cash if vesting conditions are met; they are compensation, not direct purchases. Because these grants are performance- and time‑based, they do not by themselves indicate buying/selling intent by the insider — they reflect executive compensation tied to future performance.