Form 4: Director Nancy C. Floyd Acquires 6,126 LTIP Units in Hannon Armstrong
SEC Form 4 Filing
Nancy C. Floyd, a director of Hannon Armstrong Sustainable Infrastructure Capital, Inc., reports the acquisition of 6,126 LTIP units.
Summary
- On June 6, 2024, Nancy C. Floyd, a director of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI), acquired 6,126 Long-Term Incentive Plan (LTIP) units.
- These LTIP units are associated with 14,832 units of limited partner interest (OP Units) in Hannon Armstrong Sustainable Infrastructure, LP.
- Vested LTIP Units can be converted into OP Units, which can then be redeemed for cash or shares of HASI common stock on a one-for-one basis.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to insider transactions. It doesn't inherently indicate positive or negative sentiment, but rather provides information about a director's holdings.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders (directors, officers, or those holding more than 10% of a company's shares) buy or sell their company's stock. It provides transparency to the market regarding insider transactions.
Stakeholder Impact
- The acquisition of LTIP units by a director could be viewed positively by shareholders as it aligns the director's interests with the company's long-term performance.
Key Dates
| Date | Description |
|---|---|
| 06/06/2024 | Date of transaction: Nancy C. Floyd acquired 6,126 LTIP units. |
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