Green Plains (GPRE) CEO reports routine tax withholding of vested shares
Rhea-AI Filing Summary
Green Plains Inc. president and CEO Chris Osowski reported a routine tax-related share disposition. On the reported date, 1,999 shares of common stock were withheld at $15.81 per share to cover tax obligations on a previously granted restricted stock award that vested. This was not an open-market sale. After this withholding, Osowski directly holds 238,390 shares of Green Plains common stock, so the transaction represents a small portion of his overall stake and reflects standard equity compensation mechanics rather than a change in investment view.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,999 | $15.81 | $32K |
Footnotes (1)
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FAQ
What insider transaction did Green Plains (GPRE) CEO Chris Osowski report?
Chris Osowski reported a tax-withholding disposition of 1,999 Green Plains common shares. The shares were withheld upon vesting of a previously granted restricted stock award, reflecting routine equity compensation rather than an open-market trade.
Was the Green Plains (GPRE) CEO’s Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. The 1,999 shares were withheld by the company to satisfy tax obligations related to a vesting restricted stock grant, a common administrative step in equity compensation programs.
What does the Form 4 tax-withholding transaction mean for Green Plains (GPRE) investors?
The transaction reflects routine tax withholding on vested restricted stock and not a discretionary sale. It indicates standard processing of executive equity compensation, with the CEO maintaining a substantial direct share position after the withholding event.