Form 4: Gevo CEO Sells Shares to Cover Tax Obligations Under Pre-Arranged Plan

Gevo, Inc. CEO Patrick R. Gruber sold 157,197 shares of common stock on May 30, 2025, to cover tax withholding obligations related to a restricted stock award, as disclosed in a recent SEC Form 4 filing.

Summary

• Patrick R. Gruber, Chief Executive Officer and Director of Gevo, Inc. (GEVO), reported changes in his beneficial ownership of the company's common stock.
• On May 30, 2025, Mr. Gruber disposed of 157,197 shares of Gevo common stock at a weighted average price of $1.282 per share.
• The sale was conducted to satisfy tax withholding obligations upon the vesting of a restricted stock award.
• This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted by Mr. Gruber on November 14, 2024.
• Following the reported sale, Mr. Gruber directly beneficially owns 3,610,779 shares of Gevo common stock.
• Additionally, he indirectly owns 22,043.4 shares through a 401(k) Plan.
• Between October 1, 2024, and May 30, 2025, adjustments to the 401(k) plan included a decrease of 11,898.91 shares due to an excess match error, an acquisition of 7,885.71 shares, and a disposal of 80.26 shares to cover administrative fees, based on a plan statement dated May 22, 2025.

Sentiment

Score: 5

Explanation: The transaction is a routine sale by an insider to cover tax obligations upon the vesting of restricted stock, which is a common practice and was executed under a pre-established 10b5-1 plan. It does not indicate a change in management's outlook or confidence in the company.

Future Outlook

N/A

Industry Context

N/A

Stakeholder Impact

• Minimal direct impact on shareholders as this is a routine tax-related sale by an insider, not indicative of a change in company fundamentals or strategy.

Key Dates

Recommendation

Keywords

Gevo, GEVO, Patrick R. Gruber, Insider Trading, Form 4, Stock Sale, Tax Withholding, 10b5-1 Plan, Beneficial Ownership, CEO, Director