Form 4: Green Plains Former CFO Reports Stock Transactions

Green Plains Inc.'s former CFO, Philip B. Boggs, reported the disposition of shares for tax withholding and the acquisition of shares from vested PSU grants.

Summary

• Philip B. Boggs, former Chief Financial Officer of Green Plains Inc. (GPRE), reported transactions involving the company's common stock.
• On January 5, 2026, 23,816 shares of common stock were disposed of at a price of $9.89 per share for tax withholding purposes related to vested restricted stock grants.
• On the same date, 24,347 shares of common stock were acquired at a price of $9.89 per share.
• These acquired shares represent 1,606 shares from the March 2023 PSU grant, 4,790 shares from the March 2024 PSU grant, and 17,951 shares from the March 2025 PSU grant, all net of withholdings and vested at target.
• Following these transactions, Boggs beneficially owns 80,892 shares of Green Plains Inc. common stock directly.

Sentiment

Score: 5

Explanation: The filing reports routine insider transactions related to executive compensation (vesting and tax withholding), which are neutral in sentiment and expected as part of standard corporate governance and compensation practices.

Positives

• Philip B. Boggs acquired 24,347 shares of Green Plains Inc. common stock, indicating the vesting of previously granted performance share units (PSUs).
• The PSUs from March 2023, March 2024, and March 2025 grants vested at target, suggesting performance conditions were met.

Negatives

• 23,816 shares of Green Plains Inc. common stock were disposed of to cover tax withholding obligations related to vested restricted stock grants.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

Insider transactions, particularly those related to compensation such as vesting and tax withholding, are routine disclosures for publicly traded companies. They provide transparency into executive stock ownership but typically do not signal significant strategic shifts or market-moving news unless they involve large, unexpected open-market purchases or sales.

Stakeholder Impact

• Shareholders receive transparency regarding executive stock ownership and compensation-related transactions, which is a standard aspect of public company reporting.

Key Dates

Keywords

Green Plains, GPRE, Form 4, insider transaction, stock transaction, PSU vesting, restricted stock, executive compensation