Form 4: Green Plains Inc. Executive James F. Herbert II Reports Stock Disposition for Tax Withholding
SEC Form 4 Filing
James F. Herbert II, Chief Human Resources Officer of Green Plains Inc., reports disposition of 1,433 shares of common stock to cover tax obligations related to vested restricted stock.
Summary
- On March 8, 2024, James F. Herbert II, Chief Human Resources Officer of Green Plains Inc., disposed of 1,433 shares of common stock.
- The disposition was related to 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 $20.67 per share.
- Following the transaction, Herbert directly owns 10,940 shares of Green Plains Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard tax-related stock disposition.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Date of stock disposition and vesting of restricted stock. |
| 03/12/2024 | Date of signature on the Form 4 filing. |
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