Spruce Power director McBane resigns; Rosenzweig appointed, RSUs accelerated and granted
SPRUCE POWER HOLDING CORP
Clara Nagy McBane resigned from Spruce Power board effective Sept 18, 2026, after contingencies on equity and indemnity were satisfied.
Board accelerated vesting of 93,678 unvested RSUs granted to McBane under 2020 Equity Incentive Plan; settlement delayed to Q3 earnings release, Dec 15, 2026, or change in control.
Benjamin Rosenzweig appointed as Class B director effective Sept 18, 2026, filling the vacancy from McBane's resignation.
Rosenzweig received RSUs with aggregate fair market value of $225,000, based on Sept 18, 2026 closing price.
McBane had served on Audit and Compensation Committees; Kravetz appointed to Audit, Rosenzweig to Compensation on Sept 18, 2026.
the appointment of Benjamin Rosenzweig to serve as a Class B director on the Board, filling the vacancy on the Board newly created through the resignation of Ms. McBane, was effective as of the Effective Date.
The Company is filing this amendment to the Original Form 8-K to disclose that the contingencies to Ms. McBane’s resignation were satisfied on September 18, 2026 (the “Effective Date”) and, as a result, Ms. McBane’s resignation took effect on the Effective Date.
Key facts
Extracted from this filing and checked against the source text.
Executive changeSEC 8-K Item 5.02confidence 0.95
Benjamin Rosenzweig was appointed as Class B Director at SPRUCE POWER HOLDING CORP.
Action
appointed
Role
Class B Director
Exact text from the filing
the appointment of Benjamin Rosenzweig to serve as a Class B director on the Board, filling the vacancy on the Board newly created through the resignation of Ms. McBane, was effective as of the Effective Date.
Clara Nagy McBane resigned as Director at SPRUCE POWER HOLDING CORP.
Action
resigned
Role
Director
Exact text from the filing
The Company is filing this amendment to the Original Form 8-K to disclose that the contingencies to Ms. McBane’s resignation were satisfied on September 18, 2026 (the “Effective Date”) and, as a result, Ms. McBane’s resignation took effect on the Effective Date.
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