Form 4: Green Plains Inc. Executive Michelle Mapes Reports Stock Disposition for Tax Withholding
SEC Form 4 Filing
Michelle Mapes, Chief Legal and Admin Officer of Green Plains Inc., reports the disposition of 1,888 shares of common stock to cover tax obligations related to a vested restricted stock grant.
Summary
- On March 14, 2024, Michelle Mapes, Chief Legal and Admin Officer of Green Plains Inc., reported a transaction involving the disposition of 1,888 shares of Green Plains Inc. common stock.
- The disposition was executed to cover tax withholding obligations related to the vesting of a previously reported restricted stock grant.
- The price per share for the disposition was $20.21.
- Following the transaction, Mapes directly owns 47,020 shares of Green Plains Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, and does not indicate a positive or negative outlook for the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is a common occurrence where executives sell shares to cover tax obligations arising from the vesting of stock awards.
Stakeholder Impact
- The transaction has minimal impact on stakeholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/14/2024 | Date of stock disposition for tax withholding. |
| 03/18/2024 | Date of signature on the Form 4 filing. |
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