Form 4: Green Plains Inc. Executive Sells Shares to Cover Tax Obligations

Grant D. Kadavy, EVP Commercial Operations at Green Plains Inc., disposed of 1,672 shares of common stock to cover tax withholding obligations related to a vested restricted stock grant.

Summary

• On March 8, 2024, Grant D. Kadavy, EVP Commercial Operations at Green Plains Inc., disposed of 1,672 shares of common stock.
• The transaction was executed to cover tax withholding on a portion of a previously reported restricted stock grant that vested on the same date.
• The shares were sold at a price of $20.67 per share.
• Following the transaction, Kadavy directly owns 15,470 shares of Green Plains Inc. common stock.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction (sale of shares for tax obligations) and doesn't inherently indicate positive or negative sentiment regarding the company's performance or future prospects.

Industry Context

Executive stock transactions are a common occurrence in publicly traded companies. Form 4 filings are required by the SEC to provide transparency into these transactions, allowing investors to track insider activity. This transaction appears to be a routine sale to cover tax obligations related to vested equity compensation.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders, as it is a routine sale of shares by an executive to cover tax obligations.

Key Dates