Form 4: Green Plains Inc. Executive Michelle Mapes Reports Stock Transactions
SEC Form 4 Filing
Michelle Mapes, Chief Legal and Admin Officer of Green Plains Inc., reports the disposition and acquisition of company stock related to tax withholding and performance-based stock units.
Summary
- On March 13, 2025, Michelle Mapes disposed of 2,187 shares of Green Plains Inc. common stock at $5.08 per share to cover tax obligations related to vested restricted stock.
- On March 14, 2025, she disposed of 1,892 shares at $5.16 per share for similar tax withholding purposes.
- Also on March 14, 2025, Mapes acquired 1,649 shares at $5.16 per share, representing shares issued under the March 2022 PSU grant, with 30% of the target vesting of PSUs achieved, net of withholdings.
- Following these transactions, Mapes beneficially owns 91,512 shares of Green Plains Inc. common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the transactions are routine and related to compensation and tax obligations. The vesting of PSUs is a slightly positive indicator.
Positives
- The acquisition of shares indicates that performance criteria were met, resulting in the vesting of PSUs.
Negatives
- The disposition of shares to cover tax obligations reduces the officer's holdings, although this is a common practice.
Industry Context
Executive stock transactions are a common occurrence in publicly traded companies and are often related to compensation and tax planning. The vesting of PSUs suggests the company met certain performance targets.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| March 2022 | Date of the PSU grant. |
| 03/13/2025 | Disposition of 2,187 shares for tax withholding. |
| 03/14/2025 | Disposition of 1,892 shares for tax withholding and acquisition of 1,649 shares related to PSU vesting. |
| 03/17/2025 | Date of signature on the Form 4 filing. |
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