Form 4: Richard J. Osborne Reports Acquisition of LTIP Units in Hannon Armstrong
SEC Form 4 Filing
Director Richard J. Osborne reports the acquisition of 6,126 Long-Term Incentive Plan (LTIP) Units in Hannon Armstrong Sustainable Infrastructure Capital, Inc.
Summary
- Richard J. Osborne, a director of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI), filed a Form 4.
- The report details the acquisition of 6,126 Long-Term Incentive Plan (LTIP) Units in the Partnership on June 6, 2024.
- These LTIP Units are convertible into OP Units, which can then be redeemed for cash or shares of HASI common stock on a one-for-one basis.
- Following the transaction, Osborne directly owns 22,068 LTIP Units and 36,645 shares of common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a transaction related to executive compensation. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and equity ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the potential dilution from the conversion of LTIP units into common stock.
Key Dates
| Date | Description |
|---|---|
| 06/06/2024 | Date of the transaction: Acquisition of LTIP Units |
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