Form 4: Green Plains Director Steven Furcich Increases Stake Through Restricted Stock Vesting

Green Plains Inc. Director Steven J. Furcich acquired 32,375 shares of common stock through the vesting of a restricted stock grant, while simultaneously disposing of 1,118 shares for tax withholding purposes.

Summary

• Steven J. Furcich, a Director of Green Plains Inc. (GPRE), reported changes in his beneficial ownership of the company's common stock.
• On June 6, 2025, Mr. Furcich acquired 32,375 shares of common stock at a price of $4.17 per share, which vested on the first anniversary of their grant date.
• Concurrently, on June 6, 2025, Mr. Furcich disposed of 1,118 shares of common stock at $4.17 per share to cover tax withholding obligations related to the vested restricted stock grant.
• Following these transactions, Mr. Furcich's direct beneficial ownership of Green Plains Inc. common stock stands at 36,336 shares.

Sentiment

Score: 7

Explanation: The sentiment is positive as a director's beneficial ownership increased significantly due to restricted stock vesting, indicating continued alignment with shareholder interests, despite a routine tax-related disposition.

Positives

• The acquisition of 32,375 shares through vesting demonstrates a continued commitment by a key director to the company, aligning his interests with those of shareholders.
• The increase in direct beneficial ownership from an implied 5,079 shares (before vesting) to 36,336 shares (after vesting and tax withholding) signifies a substantial increase in the director's stake.

Negatives

• A disposition of 1,118 shares occurred for tax withholding purposes, which, while standard for restricted stock vesting, represents a reduction in the total shares held post-vesting.

Future Outlook

This Form 4 filing does not provide forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This filing is a routine insider transaction report and does not provide information directly related to broader industry trends or competitive landscape. It reflects an individual director's equity compensation and ownership changes.

Stakeholder Impact

• Shareholders: The increase in a director's beneficial ownership through vesting can be viewed positively as it aligns management's interests with those of shareholders, potentially signaling confidence in the company's long-term prospects.

Key Dates

Keywords

Green Plains Inc., GPRE, Steven J. Furcich, Form 4, Insider Transaction, Stock Vesting, Restricted Stock Units, Director Ownership, Share Ownership, Tax Withholding