Form 4: Greystone Housing Impact Investors LP Director Jeffrey Baevsky Receives Significant Equity Grant

Jeffrey Baevsky, a Director at Greystone Housing Impact Investors LP, has been granted 6,568 restricted beneficial unit certificates under the company's 2015 Equity Incentive Plan.

Summary

• Jeffrey Baevsky, a Director of Greystone Housing Impact Investors LP (GHI), was granted 6,568 Beneficial Unit Certificates.
• The transaction occurred on June 23, 2025, with a reported price of $0 per unit, indicating a grant rather than a purchase.
• These units are restricted and were granted pursuant to the Amended and Restated Greystone Housing Impact Investors LP 2015 Equity Incentive Plan.
• The restricted units will vest in four equal annual installments, with one-fourth vesting on November 30, 2026, November 30, 2027, November 30, 2028, and November 30, 2029.
• Following this transaction, Mr. Baevsky directly beneficially owns a total of 21,815 Beneficial Unit Certificates.

Sentiment

Score: 7

Explanation: The grant of restricted units to a director is generally positive as it aligns management's interests with shareholders and serves as a retention mechanism, indicating commitment to the company's long-term success.

Positives

• The grant of restricted units to Director Jeffrey Baevsky aligns his interests with those of the shareholders, incentivizing long-term performance and value creation.
• The equity grant is part of an established equity incentive plan, indicating a structured approach to executive and director compensation.

Future Outlook

The granted restricted units are subject to a future vesting schedule, with installments occurring annually from November 30, 2026, through November 30, 2029, indicating a long-term incentive structure.

Industry Context

This equity grant is a common practice in the real estate and investment trust sectors, used to incentivize and retain key directors and executives by aligning their financial interests with the long-term performance of the company.

Corporate Governance

Related Party Transactions

• The grant of 6,568 restricted beneficial unit certificates to Jeffrey Baevsky, a Director of Greystone Housing Impact Investors LP, constitutes a related party transaction as it involves compensation to a member of the company's board.

Stakeholder Impact

• Shareholders: The grant aligns the director's financial interests with long-term shareholder value creation, potentially leading to more focused strategic decisions.
• Employees: While not directly impacting employees, such grants are part of a broader compensation philosophy that can influence overall company culture and retention strategies.

Next Steps

• Future vesting of the restricted units on November 30, 2026, November 30, 2027, November 30, 2028, and November 30, 2029.

Key Dates

Keywords

Greystone Housing Impact Investors LP, GHI, Jeffrey Baevsky, Form 4, Insider Transaction, Restricted Units, Equity Grant, Beneficial Ownership, Director Compensation, Equity Incentive Plan