Form 4: Green Plains Inc. Executive Michelle Mapes Reports Acquisition and Disposal of Common Stock
SEC Form 4 Filing
Michelle Mapes, Chief Legal and Admin Officer of Green Plains Inc., reports acquiring 12,915 shares of common stock and disposing of 48,908 shares.
Summary
- On March 13, 2024, Michelle Mapes, Chief Legal and Admin Officer of Green Plains Inc., acquired 12,915 shares of common stock at a price of $23.23.
- On the same day, Mapes disposed of 48,908 shares of common stock.
- Following these transactions, Mapes beneficially owns 48,908 shares of Green Plains Inc.
- The acquisition of 12,915 shares was related to a grant with first vesting occurring on March 13, 2025, where one-third of the total shares vest on that date and an additional one-third vest on each of the next two anniversaries thereafter.
- The price of $23.23 is based on the close price for Green Plains Inc.'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 standard SEC filing reporting stock transactions by an officer. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel at Green Plains Inc.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 02/13/2024 | Date the Compensation Committee of the Board of Directors approved the valuation of the stock at $23.23. |
| 03/13/2024 | Date of the reported transaction: acquisition of 12,915 shares and disposition of 48,908 shares. |
| 03/13/2025 | Date of first vesting for one-third of the granted shares. |
| 03/15/2024 | Date of signature on the Form 4 filing. |
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