Pangburn Marc T. sold HASI

May 11, 2026 · Form 4 insider transaction

Pangburn Marc T. sold 100,500 shares of HA Sustainable Infrastructure Capital, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as j and disclosed on an SEC Form 4, filed 1 day after the transaction.

Direction
Disposed (sell-side)
Shares
100,500
Price
$0.00
Total value
N/A
Role
SecurityLTIP Units
Transaction codeJ: J
Transaction dateMay 11, 2026
Filing dateMay 12, 2026
Shares owned after256,424
OwnershipIndirect
10b5-1 planNo
AmendedNo

Footnotes

256,424 units of limited partner interest ("OP Units") in Hannon Armstrong Sustainable Infrastructure, LP (the "Partnership") are issuable upon the vesting and conversion of 256,424 long-term incentive plan units ("LTIP Units") in the Partnership. The LTIP Units were granted to the Reporting Person under the Issuer's 2013 Equity Incentive Plan, as amended, and the Issuer's 2022 Equity Incentive Plan.; Vested LTIP Units, after achieving parity with OP Units (as described in the Partnership's Amended and Restated Agreement of Limited Partnership (the "Partnership Agreement")), are eligible to be converted into OP Units on a one-for-one basis upon the satisfaction of conditions set forth in the Partnership Agreement. Upon conversion of LTIP Units into OP Units, the Reporting Person will have the right to cause the Partnership to redeem a portion of the Reporting Person's OP Units for cash in an amount equal to the market value (as defined in the Partnership Agreement) of an equivalent number of shares of common stock, par value $0.01 per share, of HA Sustainable Infrastructure Capital, Inc. (the "Issuer"), or at the Issuer's option, shares of the Issuer's common stock on a one-for-one basis, subject to certain adjustments.; Effective May 11, 2026, the Reporting Person transitioned from an employee of the Issuer to a non-employee strategic advisor pursuant to a consulting agreement between the Issuer and the Reporting Person (the "Consulting Agreement"). According to the terms of the Consulting Agreement, 100,500 LTIP Units were forfeited upon the Reporting Person's transition, while the Reporting Person's remaining LTIP Units will continue to vest in accordance with their terms, subject to continued consulting services and compliance with restrictive covenants.; N/A; These LTIP Units are held by HASI Management HoldCo LLC ("HoldCo LLC"). The Reporting Person is a member of HoldCo LLC. The LTIP Units reported represent only the number of LTIP Units in which the Reporting Person has a pecuniary interest in accordance with his proportionate interest in HoldCo LLC. The Reporting Person is voluntarily reporting his proportionate interest in HoldCo LLC's ownership of LTIP Units. The Reporting Person disclaims beneficial ownership other than to the extent of his pecuniary interest.

View the original Form 4 on SEC EDGAR