Spruce Power Holding Corporation

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. As previously reported on a Current Report on Form 8-K filed on September 16, 2026 (the “Original Form 8-K”), by Spruce Power Holding Corporation (the "Company"), on September 10, 2026, Clara Nagy McBane notified Spruce Power Holding Corporation (the “Company”) that she is resigning from the Board of Directors of the Company (the “Board”), contingent upon (1) agreement as to the treatment of her outstanding equity awards and (2) acceptable confirmation as to the Company’s obligation to continue to indemnify Ms. McBane for any actions or omissions occurring during her tenure on the Board and Ms. McBane’s continuing coverage under applicable Directors and Officers (D&O) insurance policies. 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. In addition, 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. Ms. McBane had served on the Company’s Audit Committee and Compensation Committee. On September 18, 2026, the Board appointed Shawn Kravetz to the Audit Committee and Benjamin Rosenzweig to the Compensation Committee, in each case to fill the vacancies created by Ms. McBane’s resignation. In connection with Ms. McBane’s resignation, the Board approved the acceleration of the vesting of 93,678 unvested restricted stock units (the “RSUs”) granted to Ms. McBane under the Company’s 2020 Equity Incentive Plan. provided, however, that notwithstanding such accelerated vesting, settlement of the RSUs and delivery of the underlying shares of the Company’s common stock will be delayed until the earliest to occur of: (1) the second business day following the Company’s public release of its financial results for the fiscal quarter ended September 30, 2026; (2) December 15, 2026; and (3) a Change in Control of the Company (as defined in the Plan). In connection with Mr. Rosenzweig’s appointment, on September 18, 2026, the Board approved the grant to Mr. Rosenzweig of a number of restricted stock units having an aggregate fair market value equal to $225,000, determined by dividing (A) $225,000 by (B) the closing price of the Company’s common stock on the New York Stock Exchange on September 18, 2026 (rounded down to the nearest whole share), pursuant to the Plan. This filing should be read in conjunction with the Original Form 8-K, and is qualified by reference thereto, except to the extent that the information herein amends or supersedes the information contained in the Original Form 8-K.