Form 4: Green Plains Director Patrick Sweeney Reports Stock Grant and Tax-Related Share Disposition
Insider Transaction Report
Green Plains Inc. Director Patrick F. Sweeney reported the acquisition of 32,375 shares of common stock as a grant and the disposition of 1,118 shares for tax withholding purposes, effective June 6, 2025.
Summary
- Patrick F. Sweeney, a Director of Green Plains Inc. (GPRE), reported transactions on June 6, 2025.
- He acquired 32,375 shares of common stock at a price of $4.17 per share, which are part of a grant and will vest on the first anniversary of the grant date.
- He disposed of 1,118 shares of common stock at $4.17 per share; this disposition was for tax withholding related to a previously reported restricted stock grant that vested on the same date.
- Following these transactions, Mr. Sweeney directly beneficially owns 36,336 shares of Green Plains Inc. common stock.
Sentiment
Score: 7
Explanation: The acquisition of shares through a grant for a director is generally positive as it aligns interests, while the disposition is a routine tax withholding event.
Positives
- Director Patrick F. Sweeney received a grant of 32,375 shares, which aligns his interests with those of the shareholders and indicates continued commitment to the company.
Negatives
- The disposition of 1,118 shares was for tax withholding purposes, which is a routine event but results in a slight reduction in direct shareholding.
Future Outlook
The 32,375 shares acquired by Director Patrick F. Sweeney are scheduled to vest on the first anniversary of the grant date, aligning his long-term interests with the company's performance.
Industry Context
This Form 4 filing details an insider transaction, which is a routine disclosure for public company directors and officers. It does not provide information on broader industry trends or competitive landscape.
Related Party Transactions
- The stock grant to Director Patrick F. Sweeney represents a standard compensation arrangement between the company and a related party (director).
Stakeholder Impact
- Shareholders: The director's increased beneficial ownership (net of tax sale) aligns his interests with those of the shareholders, potentially fostering long-term value creation.
Next Steps
- The 32,375 shares granted to Director Sweeney are expected to vest on the first anniversary of the grant date.
Key Dates
| Date | Description |
|---|---|
| 06/06/2025 | Date of stock acquisition and disposition transactions, and vesting of a previously reported restricted stock grant. |
| 06/09/2025 | Date the Form 4 was signed by Patrick F. Sweeney. |
Keywords
Green Plains Inc., GPRE, Form 4, insider transaction, stock grant, director compensation, beneficial ownership, restricted stock
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.