Greenbacker Renewable Energy Co LLC 8-K

What Happened
Greenbacker Renewable Energy Company LLC announced on Dec. 22, 2025 that it entered a consultant agreement with David Sher, who will end his employment with the Company on Dec. 31, 2025. Under the agreement, Mr. Sher will provide fundraising and investment origination services after his employment ends; the agreement runs through July 1, 2027 unless terminated or extended.

Key Details

• Consultant Agreement signed Dec. 22, 2025; Sher’s employment ends Dec. 31, 2025.
• Compensation is contingent and limited to: up to the equivalent of 5% of annual net revenues tied to (a) Sher’s fundraising activities and/or (b) approved investment opportunities he originates.
• Total payments under the Consultant Agreement will not exceed $2,000,000.
• Payment mechanics and specific terms will be set in separate engagement letters; the full Consultant Agreement is expected to be filed with the Company’s next Form 10-K filing.

Why It Matters
This 8-K notifies investors of a transition from employment to a consulting arrangement with a named executive (David Sher) and discloses the potential ongoing compensation structure tied to future revenues and deals. The arrangement creates an incentive for continued fundraising and deal origination by Sher while capping the Company’s maximum exposure at $2 million. Investors should watch for the full agreement and subsequent engagement letters (to be filed later) for specific payment triggers and revenue definitions that could affect future expenses or cash flow.