GPRE.NASDAQGreen Plains INC

Form 4: Green Plains Inc. Executive Michelle Mapes Reports Stock Disposition for Tax Withholding

Sentiment:

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

DateDescription
03/14/2024Date of stock disposition for tax withholding.
03/18/2024Date of signature on the Form 4 filing.

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