GEVO.NASDAQGevo, INC

Form 4: Gevo Inc. Executive Kimberly Bowron Sells Shares to Cover Tax Obligations

Sentiment:

SEC Form 4 Filing

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Kimberly Bowron, Chief People Officer of Gevo Inc., sold shares of common stock to cover tax withholding obligations upon the vesting of a restricted stock award.

Summary

  • On August 6, 2024, Kimberly Bowron, Chief People Officer of Gevo Inc., sold 13,572 shares of Gevo's common stock at a weighted average price of $0.5059 per share.
  • The sales were executed under a pre-arranged 10b5-1 trading plan adopted on March 25, 2024.
  • The price per share ranged from $0.4954 to $0.5262.
  • Following the transaction, Bowron directly owns 421,651 shares of Gevo's common stock.
  • Bowron also indirectly owns 17,053.82 shares through a 401(k) plan, where 13.61 shares were disposed of between July 31 and August 6, 2024, to cover administrative fees.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing an executive's stock sale for tax obligations, which is neutral in sentiment.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.

Key Dates

DateDescription
March 25, 2024Date the Reporting Person adopted a 10b5-1 trading plan
July 31 August 6, 2024Reporting person disposed of shares of the issuer's common stock under the issuer's 401(k) plan to cover administrative fees.
August 6, 2024Date of the transaction where shares were sold.
August 7, 2024Date of signature for the Form 4 filing.

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