Form 4: Hannon Armstrong Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Viral Amin, EVP and Chief Risk Officer of Hannon Armstrong, disposed of 679 shares to cover tax obligations related to vesting shares.
Summary
- On March 5, 2025, Viral Amin, the EVP and Chief Risk Officer of HA Sustainable Infrastructure Capital, Inc., disposed of 679 shares of common stock to satisfy tax withholding obligations.
- The shares were sold at a price of $28.53 per share.
- Following the transaction, Amin directly owns 4,757 shares of common stock.
- Amin also indirectly owns 36,198 LTIP Units through HASI Management HoldCo, LLC, which can be converted into OP Units and then redeemed for cash or shares of Hannon Armstrong common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to an executive's stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into the trading activities of company insiders. This transaction is related to tax obligations arising from the vesting of shares.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/05/2025 | Date of transaction: Viral Amin disposed of shares to cover tax obligations. |
| 03/06/2025 | Date of signature on the Form 4 filing. |
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