Form 4: Green Plains Inc. Executive G. Patrich Simpkins Jr. Reports Stock Disposition for Tax Withholding
SEC Form 4 Filing
G. Patrich Simpkins Jr., Chief Transformation Officer of Green Plains Inc., reports disposition of shares to cover tax obligations related to vested restricted stock.
Summary
- On March 8, 2024, G. Patrich Simpkins Jr., Chief Transformation Officer of Green Plains Inc., reported a transaction involving the disposition of 1,494 shares of common stock.
- The disposition was executed to cover tax withholding obligations related to the vesting of a previously reported restricted stock grant.
- The shares were disposed of at a price of $20.67 per share.
- Following the transaction, Simpkins directly owns 212,917 shares of Green Plains Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a common transaction (tax withholding). It doesn't inherently convey positive or negative sentiment.
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 equity compensation.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Date of stock disposition transaction. |
| 03/12/2024 | Date of signature on the Form 4 filing. |
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