Gevo officer sells shares to cover tax withholding
Gevo, Inc. officer Andrew Shafer reported routine share activity.
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Form Type
4
Rhea-AI Filing Summary
Gevo, Inc. officer Andrew Shafer reported routine share activity. On May 27, 2026, he sold 32,667 shares of common stock at a weighted average price of $1.7598 per share to cover tax withholding obligations upon vesting of a restricted stock award, under a pre-arranged Rule 10b5-1 trading plan. After this sale, he directly holds 321,051 shares of Gevo common stock. He also indirectly holds 16,858.96 shares through the company’s 401(k) plan, where a total of 6.29 shares were disposed of between May 20 and May 27, 2026 to pay administrative fees.
Insider Trade Summary 10b5-1
Net Seller: 32,667 shares
Net Sell
2 txns
Insider
Shafer Andrew
Role
Chief Mktg Cust & Brnd Officer
Sold
32,667 shs ($57K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 32,667 | $1.7598 | $57K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 321,051 shares (Direct);
Common Stock — 16,858.96 shares (Indirect, By 401(k) Plan)
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. Between May 20, 2026 and May 27, 2026, the reporting person disposed of 6.29 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: 32,667 shares
Weighted average sale price: $1.7598 per share
Direct holdings after sale: 321,051 shares
+2 more
5 metrics
Shares sold
32,667 shares
Common stock sold on May 27, 2026
Weighted average sale price
$1.7598 per share
Sale to cover tax withholding
Direct holdings after sale
321,051 shares
Common stock directly owned after May 27, 2026 transaction
Indirect 401(k) holdings
16,858.96 shares
Common stock held via Gevo 401(k) plan
401(k) shares disposed
6.29 shares
Disposed between May 20–27, 2026 to cover administrative fees
Key Terms
restricted stock award, Rule 10b5-1 trading plan, weighted average price, 401(k) plan, +1 more
5 terms
restricted stock award financial
"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 financial
"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."
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
"the issuer's 401(k) plan to cover administrative fees."
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.
tax withholding obligations financial
"to cover tax withholding obligations upon vesting of a restricted stock award."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Gevo (GEVO) report for Andrew Shafer?
Andrew Shafer reported selling 32,667 shares of Gevo common stock. The shares were sold on May 27, 2026 at a weighted average price of $1.7598 per share, primarily to cover tax withholding obligations tied to a restricted stock award.
What does the Rule 10b5-1 trading plan note mean in Gevo’s Form 4?
The filing specifies the sales were made under a Rule 10b5-1 trading plan adopted on November 19, 2025. Such plans pre-schedule trades in advance, indicating the timing of these tax-related sales was planned rather than a discretionary market-timing decision.
What activity occurred in Andrew Shafer’s Gevo 401(k) holdings?
Between May 20 and May 27, 2026, Shafer disposed of 6.29 shares of Gevo common stock within the company’s 401(k) plan. The filing states this small share disposal covered administrative fees based on a plan statement dated May 22, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
