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GREE CEO Jordan Kovler granted 110K RSUs, 26,785 shares withheld for tax

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Greenidge Generation Holdings Inc. director and Chief Executive Officer Jordan Kovler reported compensation-related transactions in the company’s Class A Common Stock. On March 4, 2026, he acquired 110,000 restricted stock units as bonus compensation for fiscal year 2025 under the company’s equity incentive plan; the units vested immediately into shares.

On March 11, 2026, 26,785 shares were withheld to cover his tax liability from the vesting of these restricted stock units, a tax-withholding disposition rather than a discretionary sale. After these entries, he directly held 236,127 shares of Class A Common Stock. A footnote explains the Form 4 was filed late due to an administrative oversight during migration to a new stock administration platform, not because of any error by the reporting person.

Positive

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Negative

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Insider Kovler Jordan
Role Chief Executive Officer
Type Security Shares Price Value
Tax Withholding Class A Common Stock 26,785 $1.38 $37K
Grant/Award Class A Common Stock 110,000 $0.00 --
Holdings After Transaction: Class A Common Stock — 236,127 shares (Direct)
Footnotes (1)
  1. This Form 4 is being filed late due to an inadvertent administrative oversight related to the Issuer's migration to a new employee stock administration platform, which delayed the timely reporting of the transaction and was not the result of any error by the Reporting Person. Represents restricted stock units granted as bonus compensation for fiscal year 2025 pursuant to the Issuer's Third Amended and Restated 2021 Equity Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock and vested immediately. Represents the number of shares withheld to cover the Reporting Person's tax liability in connection with the vesting of certain restricted stock units and does not represent a discretionary sale by the Reporting Person.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Kovler Jordan

(Last) (First) (Middle)
C/O GREENIDGE GENERATION HOLDINGS INC.
1159 PITTSFORD-VICTOR ROAD, SUITE 240

(Street)
PITTSFORD NY 14534

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Greenidge Generation Holdings Inc. [ GREE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 03/04/2026(1)(2) A 110,000 A $0 262,912 D
Class A Common Stock 03/11/2026(3) F 26,785 D $1.38 236,127 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. This Form 4 is being filed late due to an inadvertent administrative oversight related to the Issuer's migration to a new employee stock administration platform, which delayed the timely reporting of the transaction and was not the result of any error by the Reporting Person.
2. Represents restricted stock units granted as bonus compensation for fiscal year 2025 pursuant to the Issuer's Third Amended and Restated 2021 Equity Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock and vested immediately.
3. Represents the number of shares withheld to cover the Reporting Person's tax liability in connection with the vesting of certain restricted stock units and does not represent a discretionary sale by the Reporting Person.
Remarks:
/s/ Jordan Kovler 03/13/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did GREE CEO Jordan Kovler report on this Form 4?

Jordan Kovler reported an acquisition of 110,000 restricted stock units as bonus compensation and a related tax-withholding disposition of 26,785 shares. These entries reflect equity compensation and associated tax obligations, not open-market buying or selling of Greenidge Generation Holdings Class A Common Stock.

Were the GREE insider transactions open-market purchases or sales of stock?

The reported GREE transactions were not open-market trades. They show a grant of 110,000 restricted stock units as fiscal 2025 bonus compensation and 26,785 shares withheld to satisfy tax liabilities from vesting, rather than discretionary purchases or sales on the open market by the CEO.

How many Greenidge Generation (GREE) shares does the CEO hold after these transactions?

Following the reported compensation grant and tax withholding, CEO Jordan Kovler directly holds 236,127 shares of Greenidge Generation Holdings Class A Common Stock. This figure reflects his position after the 110,000 restricted stock units vested and 26,785 shares were withheld to cover associated tax obligations.

Why was the GREE Form 4 for Jordan Kovler filed late?

The Form 4 was filed late because of an inadvertent administrative oversight connected to Greenidge’s migration to a new employee stock administration platform. The footnote states the delay in reporting the transaction was not the result of any error by the reporting person, Jordan Kovler.

What was the nature of the 110,000 restricted stock units granted to GREE’s CEO?

The 110,000 restricted stock units were granted as bonus compensation for fiscal year 2025 under Greenidge’s Third Amended and Restated 2021 Equity Incentive Plan. Each unit represents a contingent right to one Class A share and vested immediately upon grant, increasing the CEO’s direct shareholdings.