Form 4: Green Plains Inc. CFO Philip B. Boggs Reports Stock Disposal for Tax Withholding
SEC Form 4 Filing
Philip B. Boggs, CFO of Green Plains Inc., reported the disposal of 427 shares of common stock on March 7, 2025, to cover tax obligations related to vested restricted stock.
Summary
- On March 7, 2025, Philip B. Boggs, the Chief Financial Officer of Green Plains Inc., disposed of 427 shares of common stock.
- The transaction was executed to cover tax withholding requirements on a previously reported restricted stock grant that vested on the same date.
- The shares were disposed of at a price of $5.74 per share.
- Following the transaction, Boggs directly owns 52,563 shares of Green Plains Inc. common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a routine transaction for tax purposes.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. This particular filing relates to tax obligations arising from vested restricted stock, a common form of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Date of stock disposal and vesting of restricted stock. |
| 03/11/2025 | Date of signature on the Form 4 filing. |
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