Form 4: Green Plains Inc. CFO James E. Stark Reports Stock Disposal for Tax Obligations
SEC Filing Form 4
James E. Stark, CFO of Green Plains Inc., disposed of 1,604 shares of common stock on March 8, 2024, to cover tax withholding obligations related to a vested restricted stock grant.
Summary
- On March 8, 2024, James E. Stark, the Chief Financial Officer of Green Plains Inc., reported a transaction involving the company's common stock.
- Stark disposed of 1,604 shares at a price of $20.67 per share to satisfy tax withholding requirements related to the vesting of a previously reported restricted stock grant.
- Following the transaction, Stark directly owns 17,303 shares of Green Plains Inc.
- The transaction was reported on Form 4, filed with the Securities and Exchange Commission (SEC).
Sentiment
Score: 5
Explanation: The document is a routine SEC filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal for tax purposes and does not indicate a change in the CFO's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Date of stock disposal transaction. |
| 03/12/2024 | Date of signature on the Form 4 filing. |
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