Director Shawn W. Kravetz filed a Form 4 with the SEC on October 30, 2026, disclosing the award of 70,093 restricted stock units in Spruce Power Holding Corp on August 25, 2026.

Key Highlights

  • RSU award: Shawn W. Kravetz received 70,093 restricted stock units (RSUs) on August 25, 2026, at a price of $0, each representing a contingent right to receive one share of common stock.
  • Vesting date: According to the filing, the RSUs vest on August 25, 2027, subject to the reporting person's continued service through that date.
  • Direct holdings after transaction: Kravetz directly holds 265,593 shares of common stock following the reported transaction.
  • Indirect holdings: The filing discloses 311,382 shares held indirectly through Esplanade Capital LLC and its affiliates, over which Kravetz holds dispositive and voting control.
  • Beneficial ownership disclaimer: The filing states that Kravetz "disclaims beneficial ownership of the shares of our common stock held by Esplanade Capital LLC and its affiliates, except to the extent of his proportionate pecuniary interest therein."
  • Reporting person role: Kravetz is identified in the filing as a Director of Spruce Power Holding Corp (NYSE:SPRU).

Spruce Power Director Kravetz Discloses RSU Grant and Beneficial Ownership

Shawn W. Kravetz, a director of Spruce Power Holding Corp (NYSE:SPRU), reported the acquisition of 70,093 restricted stock units on August 25, 2026, according to a Form 4 filed with the SEC on October 30, 2026. The transaction code was recorded as "A" (acquisition), and the price per unit was $0. Each RSU represents a contingent right to receive one share of the issuer's common stock.

Per the filing's explanation of responses, the RSUs are subject to the reporting person's continued service and vest on August 25, 2027. Following this award, Kravetz directly beneficially owns 265,593 shares of Spruce Power common stock. The filing also discloses 311,382 shares held indirectly through Esplanade Capital LLC and its affiliates, described as affiliates of Kravetz, over which he holds dispositive and voting control.

However, the filing notes that Kravetz disclaims beneficial ownership of the shares held by Esplanade Capital LLC and its affiliates, except to the extent of his proportionate pecuniary interest therein. The Form 4 was signed by Bobby Owens as Attorney-in-Fact on October 30, 2026.

What Was Disclosed

The filing discloses a director-level RSU grant of 70,093 units at $0 on August 25, 2026, vesting August 25, 2027, resulting in 265,593 directly held shares, plus 311,382 shares held indirectly through Esplanade Capital LLC and its affiliates.