[Form 4] Gevo, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Gevo, Inc. (GEVO) – Form 4 insider transaction

Chief Customer Market & Brand Officer Andrew Shafer reported the sale of 5,000 shares of Gevo common stock on June 20 2025 at a weighted-average price of $1.3475 (price range $1.3412-$1.3550) under a Rule 10b5-1 trading plan adopted on November 22 2024.

Following the disposition, Shafer’s beneficial ownership stands at 335,620 shares held directly and 9,814.49 shares held indirectly via the company 401(k) plan.

No derivative securities were involved, and no other transactions were reported.

The sale represents a small fraction of Shafer’s holdings and does not, by itself, indicate a strategic shift by management.

Insights

Securities Analyst

TL;DR: Routine 5,000-share insider sale; limited financial impact.

The filing shows a modest sale (~1.5% of Shafer’s direct stake) executed through a pre-planned 10b5-1 program, limiting concerns about opportunistic selling. Post-transaction ownership remains substantial, suggesting continued alignment with shareholders. Because the volume is immaterial relative to both Shafer’s holdings and GEVO’s average daily volume, market impact should be minimal. No derivative positions or additional sales were disclosed, keeping the event neutral from a valuation standpoint.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Shafer Andrew

(Last) (First) (Middle)

C/O GEVO, INC. 345 INVERNESS DRIVE SOUTH

BUILDING C, SUITE 310

(Street)

ENGLEWOOD CO 80112

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Gevo, Inc. [ GEVO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Cust Mkt & Brnd Officer

3. Date of Earliest Transaction (Month/Day/Year)
06/20/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/20/2025		S(1)		5,000	D	$1.3475(2)	335,620	D
Common Stock								9,814.49	I	By 401(k) Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The reported sales were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on November 22, 2024.

2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.3412 to $1.3550 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.

	/s/ E. Cabell Massey, Attorney-in-Fact	07/11/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many GEVO shares did Andrew Shafer sell?

5,000 common shares were sold on June 20 2025.

What was the sale price for the GEVO shares?

The weighted-average price was $1.3475, with individual trades between $1.3412 and $1.3550.

How many GEVO shares does Shafer own after the sale?

He directly owns 335,620 shares and holds 9,814.49 shares in the 401(k) plan.

Was the transaction executed under a Rule 10b5-1 plan?

Yes. The sale was made pursuant to a 10b5-1 plan adopted on November 22 2024.

Did the filing report any derivative securities?

No derivative securities were acquired or disposed of in this Form 4.

What role does Andrew Shafer hold at Gevo?

Shafer is Gevo’s Chief Customer Market & Brand Officer.