SEC Form 8-K filed by HA Sustainable Infrastructure Capital Inc.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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| Item 5.02 | Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; |
On December 15, 2025, HA Sustainable Infrastructure Capital, Inc. (the “Company”) announced that Steven L. Chuslo will be transitioning from his role as Executive Vice President, Chief Legal Officer and Secretary of the Company to a role as a strategic advisor to the Company (the “Transition”). It is expected that the effective date of the Transition will be April 17, 2026. The Company greatly appreciates Mr. Chuslo’s 18 years of service to the Company.
In connection with the Transition and pursuant to the terms of Mr. Chuslo’s employment agreement dated April 17, 2013, as amended from time to time (the “Employment Agreement”), on December 10, 2025, the Company delivered a notice of non-renewal (the “Notice”) to Mr. Chuslo. The Notice shall be treated as a non-renewal of a Subsequent Term (as defined in the Employment Agreement), and, as set forth in the Employment Agreement, provided Mr. Chuslo timely executes and does not revoke a waiver and release of claims, he will be entitled to receive certain payments and benefits thereunder. The Company has initiated a nationwide search for Mr. Chuslo’s successor, engaging a leading executive search firm to help identify both internal and external candidates.
The Company and Mr. Chuslo have also entered into a consulting agreement, dated December 10, 2025 (the “Consulting Agreement”), in connection with the Transition. Pursuant to the Consulting Agreement, effective April 17, 2026, Mr. Chuslo will transition to providing strategic consulting services to the Company. The term of the Consulting Agreement will be from April 17, 2026 through April 16, 2027, subject to extension upon mutual agreement of the parties.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| HA SUSTAINABLE INFRASTRUCTURE CAPITAL, INC. | ||||||
| By: | /s/ Jeffrey A. Lipson | |||||
| Dated: December 15, 2025 | Jeffrey A. Lipson | |||||
| Chief Executive Officer and President | ||||||
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