Greenbacker Board Member Robert Herriott Receives Class P-I Shares
The equity award marks a continued alignment between company leadership and long-term shareholder value.
January 22, 2026
Greenbacker Director Robert Herriott Jr. Acquires Additional Shares Through Equity Grant
On January 9, Robert Paul Herriott Jr., a board member at Greenbacker Renewable Energy Company LLC, received 2,310.002 Class P-I common shares in a transaction reported to the SEC. The shares were granted at no cost and bring his total directly held equity to 43,430.613 shares. The transaction was disclosed in a Form 4 filing submitted on January 22 and signed by Greenbacker CEO Daniel de Boer.
This update reflects Greenbacker’s ongoing use of equity to align leadership incentives with company performance. While no cash changed hands, the move increases Herriott’s stake in the company, reinforcing a structure that ties governance and oversight to ownership.
There were no derivative securities involved in this filing, and no changes were made to past disclosures. The form notes that the transaction occurred under a prearranged plan designed to comply with Rule 10b5-1(c), offering an added layer of transparency.
Greenbacker does not currently trade under a public ticker symbol, suggesting its equity operates in a private placement or limited distribution format. In that context, equity grants like this one play an important role—providing continuity and incentive for leadership while maintaining direct exposure to the company’s performance.
Each line in the report reflects a deliberate transaction, tied to a broader approach: build alignment at the top, and reinforce it through ownership. For Greenbacker, updates like this aren’t about one-off moves. They’re part of an overall strategy—one that rewards continuity and clarity, even as the company navigates a complex market.
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