Form 4: Spruce Power Holding Corp: Chief Legal Officer Reports Stock Disposal
SEC Form 4 Filing
Jonathan M. Norling, Chief Legal Officer of Spruce Power Holding Corp, reports the disposal of 11,233 shares of common stock on April 1, 2025, for tax purposes.
Summary
- Jonathan M. Norling, the Chief Legal Officer of Spruce Power Holding Corp, filed a Form 4 with the SEC.
- The filing reports a transaction that occurred on April 1, 2025.
- Mr. Norling disposed of 11,233 shares of common stock at a price of $2.12 per share.
- This disposal was likely to cover tax obligations.
- Following the transaction, Mr. Norling directly owns 217,015 shares of Spruce Power Holding Corp.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a routine transaction. The disposal of shares by an officer doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities, allowing investors to stay informed about the actions of company executives and directors.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares by an officer.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of transaction: Disposal of common stock |
| 04/03/2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, Beneficial Ownership, Spruce Power Holding Corp, SPRU, Jonathan M. Norling, Chief Legal Officer, Stock Disposal, SEC Filing
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