Form 4: Green Plains Inc. Executive G. Patrich Simpkins Jr. Reports Stock Transactions
SEC Form 4 Filing
G. Patrich Simpkins Jr., Chief Transformation Officer of Green Plains Inc., reports stock transactions including disposals for tax withholding and acquisitions related to a performance-based stock unit grant.
Summary
- On March 13, 2025, G. Patrich Simpkins Jr., Chief Transformation Officer of Green Plains Inc., disposed of 1,703 shares of common stock at $5.08 per share for tax withholding purposes.
- On March 14, 2025, Simpkins disposed of 2,287 shares at $5.16 per share for tax withholding.
- Also on March 14, 2025, Simpkins acquired 2,582 shares at $5.16 per share related to the vesting of a performance stock unit (PSU) grant.
- Following these transactions, Simpkins directly owns 267,632 shares of Green Plains Inc. common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. The disposals are for tax purposes, and the acquisition is due to PSU vesting based on performance. There is no strong positive or negative signal.
Positives
- The vesting of PSUs indicates that certain performance criteria were met, suggesting positive performance within the company.
Industry Context
Insider transactions are routinely monitored to gauge executive sentiment and potential future performance of the company. Disposals for tax obligations are common, while acquisitions through PSU vesting suggest confidence in the company's performance.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation activities.
Key Dates
| Date | Description |
|---|---|
| 03/13/2025 | Disposal of 1,703 shares for tax withholding. |
| 03/14/2025 | Disposal of 2,287 shares for tax withholding and acquisition of 2,582 shares from PSU vesting. |
| 03/17/2025 | Date of signature for the Form 4 filing. |
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