Form 4: Green Plains Inc. Executive Acquires Shares and Disposes of Shares in Recent Transaction
SEC Form 4 Filing
Leslie van der Meulen, EVP Product Mktg & Innovation at Green Plains Inc., reports acquisition and disposal of company stock.
Summary
- On March 13, 2024, Leslie van der Meulen, EVP Product Mktg & Innovation at Green Plains Inc., acquired 15,067 shares of common stock at a price of $23.23.
- On the same day, van der Meulen disposed of 51,812 shares of common stock.
- Following these transactions, van der Meulen directly owns 51,812 shares of Green Plains Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The acquired shares vest over three years, starting March 13, 2025, suggesting a long-term incentive for the executive.
Industry Context
Form 4 filings are standard disclosures for insider transactions and provide transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions may be of interest to shareholders as they reflect the executive's investment in the company.
Key Dates
| Date | Description |
|---|---|
| 02/13/2024 | Date the Compensation Committee of the Board of Directors approved the valuation. |
| 03/13/2024 | Date of the reported transaction: acquisition and disposal of Green Plains Inc. common stock. |
| 03/13/2025 | First vesting date for the granted shares. |
| 03/15/2024 | Date of signature for the Form 4 filing. |
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