Mulvihill Christian 4
Research Summary
AI-generated summary
Greenidge (GREE) CFO Christian Mulvihill Receives 95,000 RSUs
What Happened Christian Mulvihill, Chief Financial Officer of Greenidge Generation Holdings (GREE), was granted 95,000 restricted stock units (RSUs) on 2026-03-04 that vested immediately (award, Code A). To cover taxes on the vesting, 34,010 shares were withheld/ surrendered on 2026-03-11 at a reported price of $1.38 per share, totaling $46,934 (tax withholding, Code F). The award shows an acquisition at $0.00 (RSUs converted to shares upon vesting) and the withheld shares represent withholding to satisfy tax liability, not a discretionary open‑market sale.
Key Details
- Transaction types and dates: Grant/award (Code A) 95,000 RSUs on 2026-03-04; tax withholding (Code F) 34,010 shares on 2026-03-11.
- Prices/values: Award recorded at $0.00; withheld shares priced at $1.38 each, total ~$46,934.
- Filing: Form 4 filed 2026-03-13; filing marked late due to an administrative oversight related to the issuer’s migration to a new stock admin platform (Footnote F1). Timeliness: L (late).
- Footnotes: F2 confirms RSUs are bonus compensation under the 2021 Equity Incentive Plan and vested immediately; F3 clarifies withheld shares were to cover tax liability and were not a discretionary sale by the reporting person.
- Shares owned after the transactions: Not specified in the provided filing excerpt.
Context RSUs are compensation that convert to shares when they vest; immediate vesting here created a tax obligation that was settled by withholding shares (a routine administrative step). This type of transaction is compensation-related and should not be read as a direct bullish or bearish trade decision by the insider. The late filing appears to be an administrative timing issue per the filing note, not an indication of trading intent.