Form 4: Green Plains Inc. CEO Todd Becker Reports Stock Disposition for Tax Withholding
SEC Form 4 Filing
Todd Becker, CEO of Green Plains Inc., reports the disposition of 8,958 shares of common stock to cover tax obligations related to vested restricted stock.
Summary
- On March 8, 2024, Todd A. Becker, the President and CEO of Green Plains Inc., disposed of 8,958 shares of Green Plains Inc. common stock.
- The disposition was due to tax withholding requirements on a previously reported restricted stock grant that vested on the indicated date.
- The price per share for the disposition was $20.67.
- Following the transaction, Becker directly owns 701,870 shares of Green Plains Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral event related to tax obligations, not indicative of positive or negative sentiment regarding the company's performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax withholding procedure related to vested equity compensation.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine tax-related stock disposition.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Date of stock disposition. |
| 03/12/2024 | Date of signature on the Form 4 filing. |
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