Form 4: Green Plains Inc. Executive G. Patrich Simpkins Jr. Reports Acquisition and Disposal of Common Stock

G. Patrich Simpkins Jr., Chief Transformation Officer of Green Plains Inc., reports acquiring 11,516 shares of common stock and disposing of 224,433 shares on March 13, 2024.

Summary

• On March 15, 2024, G. Patrich Simpkins Jr., Chief Transformation Officer of Green Plains Inc., filed a Form 4 with the SEC.
• The report details changes in beneficial ownership of Green Plains Inc. [GPRE] common stock.
• On March 13, 2024, Simpkins acquired 11,516 shares of common stock at a price of $23.23.
• On the same day, Simpkins disposed of 224,433 shares of common stock.
• Following these transactions, Simpkins directly owns 224,433 shares of Green Plains Inc.
• The acquired shares are related to a grant with vesting starting on March 13, 2025, with one-third vesting on that date and subsequent one-third vesting on each of the next two anniversaries.
• The price is based on the close price for the Registrant's common stock on February 13, 2024, the date the Compensation Committee of the Board of Directors approved the valuation.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative 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 filing provides transparency to shareholders regarding insider transactions.
• The transactions may influence investor sentiment depending on the size and nature of the transactions.

Key Dates