Form 4: Green Plains Inc. Executive Simpkins Jr. Reports Stock Disposition for Tax Withholding
SEC Form 4 Filing
G. Patrich Simpkins Jr., Chief Transformation Officer of Green Plains Inc., reports disposition of shares to cover tax obligations related to vested restricted stock.
Summary
- On March 14, 2024, G. Patrich Simpkins Jr., Chief Transformation Officer of Green Plains Inc., disposed of 2,288 shares of common stock.
- The disposition was due to tax withholding requirements on a previously reported restricted stock grant that vested on the indicated date.
- The shares were disposed of at a price of $20.21 per share.
- Following the transaction, Simpkins Jr. directly owns 222,145 shares of Green Plains Inc. common stock.
Sentiment
Score: 5
Explanation: The filing is a routine disclosure of a stock transaction for tax purposes and does not indicate any significant positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies. It doesn't necessarily reflect a change in the executive's confidence in the company.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for tax withholding.
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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