Form 4: Hannon Armstrong EVP Reports Changes in Beneficial Ownership

Daniel K. McMahon, EVP of Hannon Armstrong, reports changes in beneficial ownership related to LTIP units.

Summary

• Daniel K. McMahon, an Executive Vice President at Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI), filed a Form 4 to report changes in his beneficial ownership of the company's securities.
• The report details McMahon's holdings of common stock and long-term incentive plan units (LTIP Units) in Hannon Armstrong Sustainable Infrastructure, LP.
• McMahon directly owns 118,625 shares of common stock.
• He also indirectly owns 205,393 LTIP Units through HASI Management HoldCo LLC, where he is a member.
• These LTIP Units are eligible to be converted into OP Units, which can then be redeemed for cash or shares of HASI common stock.
• The reporting person disclaims beneficial ownership other than to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing regarding changes in beneficial ownership, indicating a neutral sentiment.

Management Comments

• The Reporting Person disclaims beneficial ownership other than to the extent of his pecuniary interest.

Industry Context

This filing is a routine disclosure related to executive compensation and holdings, common in publicly traded companies.

Key Dates