Gevo (GEVO) General Counsel receives restricted stock and option grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gevo, Inc. reported that its General Counsel, David Michael Kettner, received an equity compensation grant. He was awarded 133,232 shares of restricted common stock at no cash cost, increasing his direct common stock holdings to 264,288 shares after the grant.
He also received stock options for 153,937 shares of common stock with an exercise price of $1.64 per share, expiring on May 19, 2036. Both the restricted stock and the options vest in three equal annual installments beginning on the first anniversary of the grant date, as long as he remains in continuous service with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Kettner David Michael
Role
General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option | 153,937 | $0.00 | -- |
| Grant/Award | Common Stock | 133,232 | $0.00 | -- |
Holdings After Transaction:
Stock Option — 153,937 shares (Direct, null);
Common Stock — 264,288 shares (Direct, null)
Footnotes (1)
- Represents restricted common stock that vests in three equal annual installments beginning on the first anniversary of the grant date, provided that the reporting person remains in continuous service with the issuer as of each vesting date. The stock options shall vest in three equal annual installments beginning on the first anniversary of the grant date, provided that the reporting person remains in continuous service with the issuer as of each vesting date.
Key Figures
Restricted stock grant: 133,232 shares
Common shares after grant: 264,288 shares
Option grant size: 153,937 options
+4 more
7 metrics
Restricted stock grant
133,232 shares
Restricted common stock awarded to General Counsel on May 20, 2026
Common shares after grant
264,288 shares
Direct Gevo common stock holdings following the restricted stock award
Option grant size
153,937 options
Stock options granted, each for one share of common stock
Option exercise price
$1.64 per share
Exercise price for the 153,937 stock options
Option expiration
May 19, 2036
Expiration date of the granted stock options
Restricted stock vesting
3 annual installments
Vests over three years starting on first anniversary of grant
Options vesting
3 annual installments
Options vest over three years starting on first anniversary of grant
Key Terms
restricted common stock, stock options, exercise price, expiration date, +1 more
5 terms
restricted common stock financial
"Represents restricted common stock that vests in three equal annual installments"
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.
stock options financial
"The stock options shall vest in three equal annual installments"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
exercise price financial
"conversion_or_exercise_price": "1.6400""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"expiration_date": "2036-05-19T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
continuous service financial
"provided that the reporting person remains in continuous service with the issuer"