Form 4: Greystone Housing Impact Investors LP: CFO Jesse A. Coury Reports Acquisition of Beneficial Unit Certificates
SEC Form 4 Filing
Jesse A. Coury, CFO of Greystone Housing Impact Investors LP, reports the acquisition of Beneficial Unit Certificates on February 26, 2024, and holds 74,507 units.
Summary
- On February 26, 2024, Jesse A. Coury, the Chief Financial Officer of Greystone Housing Impact Investors LP, acquired Beneficial Unit Certificates.
- The acquisition involved 18,090 units at a price of $0.
- Following the transaction, Coury directly owns 74,507 Beneficial Unit Certificates.
- These units were granted pursuant to the Amended and Restated Greystone Housing Impact Investors LP 2015 Equity Incentive Plan, vesting in three equal installments on November 30, 2024, 2025, and 2026.
- Additionally, Coury received 155 BUCs as of January 31, 2024, as a result of a supplemental distribution declared by the GHI Board of Managers on December 13, 2023.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a standard regulatory filing detailing an executive's acquisition of company units. It doesn't inherently indicate positive or negative performance.
Positives
- The acquisition of units by a key executive could signal confidence in the company's future performance.
Future Outlook
The acquired restricted units vest in three equal installments on November 30, 2024, 2025, and 2026.
Industry Context
Form 4 filings are a routine part of the US financial market, providing transparency into the transactions of company insiders. This filing indicates the CFO's acquisition of company units, which is a common occurrence in publicly traded companies.
Stakeholder Impact
- The acquisition of units by the CFO could be viewed positively by shareholders, signaling confidence in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 2023-12-13 | GHI Board of Managers declared a supplemental distribution payable in the form of additional Beneficial Unit Certificates. |
| 2023-12-29 | Record date for supplemental distribution of Beneficial Unit Certificates. |
| 2024-01-31 | Reporting person received 155 BUCs as of this date. |
| 2024-02-26 | Date of transaction: Acquisition of Beneficial Unit Certificates. |
| 2024-02-27 | Date of signature on the Form 4 filing. |
| 2024-11-30 | One-third of the restricted units vest on this date. |
| 2025-11-30 | One-third of the restricted units vest on this date. |
| 2026-11-30 | One-third of the restricted units vest on this date. |
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