Gevo (NASDAQ: GEVO) director granted 70K shares, sells stock for taxes
Rhea-AI Filing Summary
Gevo, Inc. director Patrick R. Gruber reported a mix of equity compensation and related share sales. He was granted 70,000 shares of restricted common stock at no cost, which vest on the earlier of the next annual stockholder meeting or the first anniversary of the grant, if he remains in continuous service. To cover tax withholding obligations from a restricted stock vesting, he sold 186,469 shares of common stock at a weighted average price of $1.7598 per share, in multiple trades between $1.74 and $1.80, under a pre-arranged Rule 10b5-1 trading plan adopted on November 19, 2025. Following these transactions, he holds 3,728,993 shares directly and 25,757.94 shares indirectly through Gevo’s 401(k) plan.
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Insider Trade Summary 10b5-1
Net Seller: 116,469 shares
Net Sell
3 txns
Insider
Gruber Patrick R.
Role
Director
Sold
186,469 shs ($328K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 70,000 | $0.00 | $0.00 |
| Sale | Common Stock | 186,469 | $1.7598 | $328K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,728,993 shares (Direct);
Common Stock — 25,757.94 shares (Indirect, By 401(k) Plan)
Footnotes (4)
- F1. Represents restricted common stock that vests on the earlier to occur of (i) the next annual meeting of stockholders or (ii) the first anniversary of the grant date, provided that the reporting person remains in continuous service with the issuer as of the vesting date.
- F2. 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.
- F3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.74 to $1.80 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.
- F4. Between September 4, 2025 and May 27, 2026, the reporting person (i) acquired 3,820.5 shares of the issuer's common stock under the issuer's 401(k) plan; and (ii) disposed of 80.01 shares of the issuer's common stock under the issuer's 401(k) plan to cover administrative fees. The information in this report is based on a plan statement dated May 22, 2026.
Key Figures
Shares sold for taxes: 186,469 shares
Weighted average sale price: $1.7598 per share
Restricted stock granted: 70,000 shares
+4 more
7 metrics
Shares sold for taxes
186,469 shares
Open-market sale to cover tax withholding on 2026-05-27
Weighted average sale price
$1.7598 per share
Sales in range $1.74–$1.80 on 2026-05-27
Restricted stock granted
70,000 shares
Restricted common stock grant at $0.00 per share
Direct holdings after transactions
3,915,462 shares
Common stock directly owned after Form 4 transactions
401(k) holdings after updates
25,757.94 shares
Common stock held via Gevo 401(k) plan
401(k) acquisitions
3,820.5 shares
Acquired under 401(k) plan between 2025-09-04 and 2026-05-27
401(k) disposals for fees
80.01 shares
Disposed under 401(k) plan to cover administrative fees
Key Terms
restricted common stock, Rule 10b5-1 trading plan, weighted average price, 401(k) plan
4 terms
restricted common stock financial
"Represents restricted common stock that vests on the earlier to occur of (i) the next annual meeting..."
Restricted common stock is company shares that carry limits on selling or transferring for a set period or until certain conditions are met, like time-based vesting or regulatory clearance. Think of them as shares in a locked box that gradually open; they can become freely tradable later but initially reduce the number of shares available on the market. Investors watch restricted stock because its eventual release can change a company’s share supply, affect stock price, and influence control and dilution.
Rule 10b5-1 trading plan financial
"The reported sales were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person..."
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. These shares were sold in multiple transactions..."
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.
401(k) plan financial
"acquired 3,820.5 shares of the issuer's common stock under the issuer's 401(k) plan..."
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Gevo (GEVO) director Patrick Gruber report in this Form 4?
Patrick Gruber reported a grant of 70,000 restricted common shares and the sale of 186,469 shares of Gevo common stock. The sale was tied to tax withholding on vested restricted stock, executed under a pre-arranged Rule 10b5-1 trading plan.
What restricted stock award did Patrick Gruber receive from Gevo (GEVO)?
He received a grant of 70,000 shares of restricted common stock at a price of $0.00 per share. These shares vest on the earlier of Gevo’s next annual stockholder meeting or the first anniversary of the grant, subject to continuous service.
What does the Rule 10b5-1 trading plan mean in Patrick Gruber’s Gevo (GEVO) filing?
The Form 4 notes the tax-related share sales were made under a Rule 10b5-1 trading plan adopted on November 19, 2025. Such plans pre-schedule trades, indicating these sales were arranged in advance rather than timed in response to short-term market developments.