Green Plains (NASDAQ: GPRE) CHRO shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Green Plains Inc. Chief Human Resources Officer Herbert James F II reported a tax-related share disposition tied to restricted stock vesting. On March 13, 1,845 shares of common stock were withheld at $15.81 per share to cover tax obligations on a previously reported restricted stock grant. This was not an open-market sale, and James directly holds 86,696 shares of Green Plains common stock after the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Herbert James F II
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,845 | $15.81 | $29K |
Holdings After Transaction:
Common Stock — 86,696 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Green Plains (GPRE) report for Herbert James F II?
Green Plains reported that Chief Human Resources Officer Herbert James F II had 1,845 shares of common stock withheld to cover taxes on a vesting restricted stock grant, rather than executing an open-market sale, and now directly holds 86,696 shares following this routine transaction.
Was the Green Plains (GPRE) Herbert James F II transaction an open-market stock sale?
No, the 1,845-share disposition by Herbert James F II was a tax-withholding event on a vesting restricted stock grant. Shares were delivered to satisfy tax liability at $15.81 per share instead of being sold in the open market to third-party buyers.
What does the footnote in the Green Plains (GPRE) Form 4 for Herbert James F II explain?
The footnote explains that the reported disposition represents tax withholding on a portion of a previously reported restricted stock grant that vested on the transaction date. It clarifies the event is a routine tax payment mechanism rather than a discretionary sale of Green Plains shares.