[Form 3] Green Plains Inc. Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

Trent L. Collins, Senior Vice President of Operations and officer of Green Plains Inc. (GPRE), reported ownership of 27,678 common shares on Form 3. The holdings represent three restricted stock award grants net of tax withholdings. Vesting schedules: 4,600 RSAs vest in equal installments on April 29 of 2025, 2026 and 2027; 7,781 RSAs vest in equal installments on January 10 of 2026, 2027 and 2028; and 15,828 RSAs vest in equal installments on August 19 of 2026, 2027 and 2028. The form is signed 09/17/2025.

Positive

• Officer alignment: Reporting person holds 27,678 common shares, indicating executive ownership in GPRE.
• Transparent vesting: Detailed RSA vesting schedule across 2025–2028 clarifies timing of equity vesting.

Negative

• None.

Insights

Financial Analyst

TL;DR: Officer filing shows modest insider ownership with structured restricted stock vesting across 2025–2028.

The Form 3 discloses that Trent L. Collins holds 27,678 shares via three RSA grants, detailed with explicit multi-year vesting tranches. For investors, this is a routine Section 16 disclosure establishing insider alignment with multi-year incentives rather than an immediate material capital event. The schedule spreads potential insider dilution and aligns compensation with retention over 2025–2028.

Corporate Governance Expert

TL;DR: Typical initial beneficial ownership filing reflecting time‑based equity awards to an executive.

The filing is an initial statement of beneficial ownership for an officer and includes clear vesting timelines for each RSA tranche. This provides transparency on when the officer will obtain economic rights to additional shares. There are no derivative instruments or unusual terms disclosed that would suggest atypical governance or compensation risks.

SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Collins Trent Lee

(Last) (First) (Middle)

1811 AKSARBEN DRIVE

(Street)

OMAHA NE 68106

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
08/19/2025

3. Issuer Name and Ticker or Trading Symbol
Green Plains Inc. [ GPRE ]

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP Operations

5. 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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	27,678(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents three restricted stock award ("RSA") grants, net of tax withholdings to date. 4,600 RSAs vest in equal installments on each of April 29, 2025, 2026 and 2027. 7,781 RSAs vest in equal installments on each of January 10, 2026, 2027 and 2028. 15,828 RSAs vest in equal installments on each of August 19, 2026, 2027 and 2028.

Remarks:

	/s/ Trent L. Collins	09/17/2025
	** 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 5 (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

What did Trent L. Collins report on Form 3 for Green Plains (GPRE)?

He reported beneficial ownership of 27,678 common shares, representing three restricted stock award grants net of tax withholdings.

What is Trent Collins' role at Green Plains (GPRE)?

The filing lists him as Senior Vice President, Operations and an officer of the company.

When do the restricted stock awards vest according to the Form 3?

Vesting schedules are: 4,600 RSAs in equal installments on April 29 of 2025–2027; 7,781 RSAs on January 10 of 2026–2028; 15,828 RSAs on August 19 of 2026–2028.

Does the Form 3 disclose any derivative securities for GPRE?

No. Table II for derivative securities is blank; only non‑derivative common stock is reported.

When was the Form 3 signed by the reporting person?

The signature block shows the form was signed on 09/17/2025.