Gevo (GEVO) President & COO sells 35,196 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gevo, Inc. President & COO Ryan Christopher Michael reported an open-market sale of 35,196 shares of Common Stock at a weighted average price of $1.4252 per share. According to the footnotes, these shares were sold to cover tax withholding obligations upon vesting of a restricted stock award and were executed under a Rule 10b5-1 trading plan adopted on November 19, 2025.
After the sale, he held 1,279,245 shares directly and 27,868.19 shares indirectly through a 401(k) plan. The filing describes the sale price as a weighted average, reflecting multiple trades between $1.390 and $1.475 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 35,196 shares ($50,161)
Net Sell
2 txns
Insider
Ryan Christopher Michael
Role
President & COO
Sold
35,196 shs ($50K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 35,196 | $1.4252 | $50K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,279,245 shares (Direct, null);
Common Stock — 27,868.19 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- Represents shares sold by the Reporting Person to cover tax withholding obligations upon vesting of a restricted stock award. The reported sales were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on November 19, 2025. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.390 to $1.475 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Shares sold: 35,196 shares
Weighted average sale price: $1.4252 per share
Direct holdings after sale: 1,279,245 shares
+2 more
5 metrics
Shares sold
35,196 shares
Open-market sale of Common Stock on June 12, 2026
Weighted average sale price
$1.4252 per share
Common Stock sale to cover tax withholding
Direct holdings after sale
1,279,245 shares
Common Stock directly owned following June 12, 2026 sale
Indirect 401(k) holdings
27,868.19 shares
Common Stock held through 401(k) plan as of June 12, 2026
Price range of trades
$1.390 to $1.475 per share
Multiple transactions comprising reported weighted average price
Key Terms
restricted stock award, Rule 10b5-1 trading plan, weighted average price, tax withholding obligations, +1 more
5 terms
restricted stock award financial
"Represents shares sold by the Reporting Person to cover tax withholding obligations upon vesting of a restricted stock award."
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
Rule 10b5-1 trading plan regulatory
"The reported sales were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on November 19, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The reported price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
tax withholding obligations financial
"Represents shares sold by the Reporting Person to cover tax withholding obligations upon vesting of a restricted stock award."
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did Gevo (GEVO) report for President & COO Ryan Christopher Michael?
Gevo’s President & COO, Ryan Christopher Michael, reported selling 35,196 shares of Common Stock. The sale was disclosed as an open-market transaction tied to tax withholding on vested restricted stock, with a weighted average price of $1.4252 per share.
Was the Gevo (GEVO) insider sale executed under a Rule 10b5-1 plan?
Yes. The filing states the reported sales were effected under a Rule 10b5-1 trading plan adopted on November 19, 2025. Such pre-arranged plans schedule trades in advance, helping separate them from day-to-day market timing decisions.
What price range did the Gevo (GEVO) insider sale cover?
The weighted average sale price reported was $1.4252 per share. Footnotes explain that multiple trades occurred in a range from $1.390 to $1.475 per share, and detailed trade breakdowns are available upon request from the company or regulators.
What type of security was involved in the latest Gevo (GEVO) Form 4 filing?
All reported transactions involved Gevo’s Common Stock. The filing includes an open-market sale of 35,196 shares and an indirect holding entry for 27,868.19 shares held through a 401(k) plan, both dated June 12, 2026.