secwatch.observer — SEC 8-K summary
======================================

Issuer:     SPRUCE POWER HOLDING CORP (SPRU)
CIK:        0001772720
Form:       8-K/A
Filed at:   2026-09-21T19:29:11+00:00
Accession:  0001628280-26-062871
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Spruce Power director McBane resigns; Rosenzweig appointed, RSUs accelerated and granted
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1772720/000162828026062871/0001628280-26-062871-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1772720/000162828026062871/spru-20260918.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-062871

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer