Form 4: Hannon Armstrong Director Michael T. Eckhart Reports Transaction

Sentiment:

SEC Filing


Director Michael T. Eckhart reports the disposition of 3,000 shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. common stock.

Summary

  • On June 6, 2024, Michael T. Eckhart, a director of Hannon Armstrong Sustainable Infrastructure Capital, Inc., reported a transaction involving the company's common stock.
  • Eckhart disposed of 3,000 shares of common stock.
  • Following the transaction, Eckhart directly owns 14,317 LTIP Units, which are convertible into OP Units, and subsequently into common stock of Hannon Armstrong.
  • The LTIP Units are issuable upon vesting and conversion of long-term incentive plan units in the Partnership.
  • Vested LTIP Units are eligible to be converted into OP Units on a one-for-one basis upon satisfaction of conditions set forth in the Partnership Agreement.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a transaction by a company director, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure of a transaction by a company insider, which is a common occurrence for publicly traded companies.

Stakeholder Impact

  • The transaction may have a minor impact on shareholders due to the change in ownership by a director.

Key Dates

DateDescription
06/06/2024Date of the reported transaction (disposal of 3,000 shares).

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.