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 1,910 shares of common stock to cover tax obligations related to vesting of restricted stock.
Summary
- On March 13, 2025, James F. Herbert II, Chief Human Resources Officer of Green Plains Inc., disposed of 1,910 shares of common stock.
- The disposition was related to tax withholding requirements on a previously reported restricted stock grant that vested on the indicated date.
- The price per share for the disposition was $5.08.
- Following the transaction, Herbert directly owns 68,626 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 a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax withholding procedure related to vested equity compensation.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a standard procedure for tax withholding on vested equity.
Key Dates
| Date | Description |
|---|---|
| 03/13/2025 | Date of stock disposition |
| 03/17/2025 | Date of signature on the Form 4 filing |
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