Greenidge Generation Holdings Inc.·4

Mar 13, 6:37 PM ET

Irwin Dale 4

4 · Greenidge Generation Holdings Inc. · Filed Mar 13, 2026

Research Summary

AI-generated summary of this filing

Updated

Greenidge (GREE) President Irwin Dale Receives 110,000 RSUs; 39,655 Withheld

What Happened

  • Irwin Dale, President of Greenidge Generation Holdings (GREE), was granted 110,000 restricted stock units (RSUs) on 2026-03-04 that vested immediately (acquired at $0.00).
  • On 2026-03-11, 39,655 shares were withheld to cover the tax liability related to the vesting; those shares were reported as disposed at $1.38 per share for total value of $54,724. This withholding is reported as tax payment, not a discretionary open-market sale.

Key Details

  • Grant date / acquisition: 2026-03-04 — 110,000 RSUs (each RSU converts to one share); reported acquisition price $0.00. (Footnote F2: bonus RSUs for FY2025 under the 2021 Equity Incentive Plan; vested immediately.)
  • Tax withholding / disposition: 2026-03-11 — 39,655 shares withheld @ $1.38 = $54,724. (Footnote F3: withholding to cover tax liability, not a discretionary sale.)
  • Filing: Form 4 filed 2026-03-13; filing was late. (Footnote F1: delay due to issuer's migration to a new employee stock administration platform; not attributed to an error by the reporting person.)
  • Shares owned after transaction: Not specified in the filing.

Context

  • These transactions are compensation-related: RSUs were granted and vested immediately, and a portion of the resulting shares were withheld to satisfy taxes. That withholding is routine and does not necessarily indicate insider sentiment about the stock.
  • The late filing is explained by the issuer as an administrative migration issue; retail investors should note the late report but the substance of the transactions (award + tax withholding) is straightforward.

Insider Transaction Report

Form 4
Period: 2026-03-04
Irwin Dale
President
Transactions
  • Award

    Class A Common Stock

    [F1][F2]
    2026-03-04+110,000213,285 total
  • Tax Payment

    Class A Common Stock

    [F3]
    2026-03-11$1.38/sh39,655$54,724173,630 total
Footnotes (3)
  • [F1]This Form 4 is being filed late due to an inadvertent administrative oversight related to the Issuer's migration to a new employee stock administration platform, which delayed the timely reporting of the transaction and was not the result of any error by the Reporting Person.
  • [F2]Represents restricted stock units granted as bonus compensation for fiscal year 2025 pursuant to the Issuer's Third Amended and Restated 2021 Equity Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock and vested immediately.
  • [F3]Represents the number of shares withheld to cover the Reporting Person's tax liability in connection with the vesting of certain restricted stock units and does not represent a discretionary sale by the Reporting Person.
Signature
/s/ Dale Irwin|2026-03-13

Documents

1 file
  • 4
    wk-form4_1773441459.xmlPrimary

    FORM 4