GPRE.NASDAQGreen Plains INC

Form 4: Green Plains Inc. Executive VP Leslie van der Meulen Reports Stock Disposal for Tax Obligations

Sentiment:

SEC Filing


Leslie van der Meulen, EVP at Green Plains Inc., disposed of 1,525 shares of common stock on March 14, 2024, to cover tax obligations related to vested restricted stock.

Summary

  • On March 18, 2024, Leslie van der Meulen, Executive Vice President of Product Marketing & Innovation at Green Plains Inc., filed a Form 4 with the SEC.
  • The form reports a transaction that occurred on March 14, 2024, where 1,525 shares of Green Plains Inc. common stock were disposed of at a price of $20.21 per share.
  • This disposition was due to tax withholding requirements on a portion of a previously reported restricted stock grant that vested on the indicated date.
  • Following the transaction, van der Meulen directly owns 50,287 shares of Green Plains Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes. It doesn't inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax-related stock disposal, common when restricted stock vests.

Stakeholder Impact

  • The transaction has a minimal impact on stakeholders as it is a routine tax-related stock disposal by an executive.

Key Dates

DateDescription
03/14/2024Date of stock disposal transaction.
03/18/2024Date of Form 4 filing.

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