Kovler Jordan 4

What Happened Jordan Kovler, CEO of Greenidge Generation Holdings Inc. (GREE), was granted 110,000 restricted stock units (RSUs) on 2026-03-04 that vested immediately (award, Code A). To cover tax withholding on the vesting, 26,785 shares were withheld on 2026-03-11 at $1.38 per share, totaling approximately $36,963 (tax withholding, Code F). These were not open-market sales by the CEO but withholding to satisfy tax obligations.

Key Details

• Transaction types: A = Award/Grant (110,000 RSUs granted and vested); F = Tax withholding (26,785 shares withheld).
• Dates: RSU grant/vesting 2026-03-04; shares withheld for taxes 2026-03-11; Form 4 filed 2026-03-13.
• Prices/values: Withheld shares valued at $1.38 each; total cash value withheld ≈ $36,963. RSUs were granted at $0.00 (typical for awards).
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Footnotes: F2 notes these were RSUs under the 2021 Equity Incentive Plan and vested immediately; F3 clarifies the withheld shares were to cover tax liability and not a discretionary sale; F1 explains the Form 4 was filed late due to an administrative systems migration (timeliness = L).

Context Restricted stock units are a form of compensation where each unit represents the right to one share upon vesting. Immediate withholding of shares to cover taxes is routine and does not necessarily signal a voluntary sale or change in insider sentiment. The late filing appears administrative (per footnote) rather than indicative of reporting disputes, but late filings can delay public visibility into insider activity.