Form 4: Director Ned Skinner Reports Changes in Beneficial Ownership of South Dakota Soybean Processors LLC

Ned Skinner, a director of South Dakota Soybean Processors LLC, reported the disposition of Class A Capital Units held directly and indirectly through an IRA and Skinner Agri-Products, Inc.

Summary

• On July 1, 2024, Ned Skinner, a director of South Dakota Soybean Processors LLC, filed a Form 4 indicating changes in his beneficial ownership of the company's Class A Capital Units.
• Skinner disposed of 5,000 Class A Capital Units at $9.26 per unit.
• Skinner's IRA disposed of 3,500 Class A Capital Units at $9.25 per unit.
• Skinner Agri-Products, Inc. disposed of 32,000 Class A Capital Units at prices ranging from $9.25 to $9.30 per unit.
• Following these transactions, Skinner directly owns no Class A Capital Units, his IRA indirectly owns 79,500 units, and Skinner Agri-Products, Inc. indirectly owns 109,750 units.

Sentiment

Score: 5

Explanation: This is a neutral report of transactions. It doesn't inherently indicate positive or negative sentiment, just factual changes in ownership.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The change in ownership may be of interest to shareholders of South Dakota Soybean Processors LLC.

Key Dates