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

Leslie van der Meulen, EVP of Product Marketing & Innovation at Green Plains Inc., disposed of shares to cover tax withholding obligations related to a vested restricted stock grant.

Summary

• On March 8, 2024, Leslie van der Meulen, EVP of Product Marketing & Innovation at Green Plains Inc., disposed of 1,280 shares of common stock.
• The transaction was executed at a price of $20.67 per share.
• This disposition was to cover tax withholding on a portion of a previously reported restricted stock grant that vested on the same date.
• Following the transaction, van der Meulen directly owns 36,745 shares of Green Plains Inc. common stock.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction (tax withholding) and doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are routine disclosures required by the SEC when company insiders, like executives and directors, trade their company's stock. These filings provide transparency into insider transactions and can be monitored by investors for insights into management's perspective on the company's value.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale to cover tax obligations.

Key Dates