Form 4: Benson Hill Director Craig Rohr Reports Stock Transactions Following Reverse Stock Split

Director Craig Rohr reports stock transactions, including the vesting of restricted stock units and the grant of new units, following Benson Hill's 1-for-35 reverse stock split.

Summary

• Craig Rohr, a director of Benson Hill, Inc., reported changes in beneficial ownership of the company's stock on August 1, 2024.
• The report details transactions occurring on July 18, 2024, including the vesting of 4,352 restricted stock units and the grant of 10,675 new restricted stock units.
• These transactions are reported following a 1-for-35 reverse stock split of Benson Hill's common stock, which was effected on July 18, 2024.
• The vesting of the restricted stock units was related to units granted on August 11, 2023, under the company's 2021 Omnibus Incentive Plan.
• The new restricted stock units were granted on July 18, 2024, and will vest on the earlier of the first anniversary of the grant date or the company's 2025 Annual Meeting of Stockholders.
• After the reported transactions, Rohr directly owns 18,554 shares of Benson Hill common stock and 10,675 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The new restricted stock units will vest on the earlier of the first anniversary of the grant date or the company's 2025 Annual Meeting of Stockholders.

Industry Context

This filing is a routine disclosure related to insider transactions and is typical for publicly traded companies. The reverse stock split is a corporate action often undertaken to increase the stock price to meet listing requirements or to make the stock more attractive to investors.

Stakeholder Impact

• Shareholders are informed about insider transactions, which can provide insights into management's perspective on the company's value.
• The reverse stock split impacts the number of shares outstanding and the per-share price, affecting shareholder equity.

Key Dates

Keywords

Benson Hill, Director, Craig Rohr, Stock Transactions, Beneficial Ownership, Restricted Stock Units, Reverse Stock Split, Form 4, SEC