Form 4: Green Plains Inc. CEO Todd Becker Reports Acquisition and Disposal of Common Stock
SEC Form 4 Filing
Todd Becker, CEO of Green Plains Inc., reports acquiring and disposing of common stock on March 13, 2024.
Summary
- On March 13, 2024, Todd A. Becker, the President and CEO of Green Plains Inc., engaged in transactions involving the company's common stock.
- Becker acquired 92,553 shares of common stock at a price of $23.23 per share.
- He also disposed of 794,423 shares of common stock.
- Following these transactions, Becker directly owns 794,423 shares of Green Plains Inc.
- The acquisition of shares is related to a grant with vesting starting on March 13, 2025, with one-third vesting each year for three years.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions by an executive, indicating neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common in publicly traded companies. It provides transparency to investors regarding the actions of key executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders, providing insight into the CEO's holdings and confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 02/13/2024 | Date the Compensation Committee of the Board of Directors approved the valuation of the stock. |
| 03/13/2024 | Date of the reported transaction: acquisition and disposal of common stock. |
| 03/13/2025 | First vesting date for the acquired shares, with one-third of the total shares vesting. |
| 03/15/2024 | Date of signature for the Form 4 filing. |
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