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Green Plains (GPRE) HR chief awarded 21,024-share stock grant with 3-year vesting

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Herbert James F II reported acquisition or exercise transactions in this Form 4 filing.

Green Plains Inc. reported that its Chief Human Resources Officer, Herbert James F II, received a grant of 21,024 shares of common stock. The award price is $14.27 per share, based on the closing price on February 9, 2026, two business days after fiscal 2025 earnings were released.

The grant date is February 27, 2026, with one-third of the shares vesting on February 27, 2027 and additional one‑third portions vesting on each of the next two anniversaries. After this award, Herbert James F II directly holds 96,690 shares of Green Plains common stock.

Positive

  • None.

Negative

  • None.
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*
Herbert James F II

(Last) (First) (Middle)
1811 AKSARBEN DRIVE

(Street)
OMAHA NE 68106

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Green Plains Inc. [ GPRE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Human Resources Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026
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 02/27/2026(1) A 21,024 A $14.27(2) 96,690 D
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. Date of grant, with first vesting occurring on February 27, 2027. One-third of the total shares vest on that date and an additional one-third vest on each of the next two anniversaries thereafter.
2. Price is based on the close price for the Registrant's common stock on February 9, 2026, two business days after fiscal 2025 earnings were released.
Remarks:
/s/ James F. Herbert II 03/02/2026
** 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

What insider transaction did Green Plains Inc. (GPRE) report for Herbert James F II?

Green Plains Inc. reported that Chief Human Resources Officer Herbert James F II received a grant of 21,024 shares of common stock. This was recorded as an acquisition through a grant or award, increasing his directly held stake to 96,690 shares following the transaction.

What is the vesting schedule for the 21,024-share award at Green Plains Inc. (GPRE)?

The 21,024-share award vests in three equal installments. One-third vests on February 27, 2027, with an additional one-third vesting on each of the next two anniversaries, creating a three-year vesting period tied to continued service after the grant date.

How was the grant price determined for the Green Plains Inc. (GPRE) stock award?

The grant price of $14.27 per share was based on the closing price of Green Plains’ common stock on February 9, 2026. That date was two business days after the company released its fiscal 2025 earnings, as specified in the transaction footnote.

How many Green Plains Inc. (GPRE) shares does Herbert James F II own after the grant?

After receiving the 21,024-share grant, Herbert James F II directly owns 96,690 shares of Green Plains common stock. This figure represents his total direct holdings following the reported award, as disclosed in the insider ownership section of the transaction.

What Form 4 transaction code applies to the Green Plains Inc. (GPRE) insider award?

The transaction uses Form 4 code “A,” which indicates a grant, award, or other acquisition of securities. In this case, it reflects a non-derivative stock award of 21,024 common shares to the Chief Human Resources Officer as part of his compensation.

Is the Green Plains Inc. (GPRE) insider award a direct or indirect holding?

The award is reported as a direct holding. The Form 4 lists the ownership type and code as direct, with no footnotes indicating that the shares are held through a trust, partnership, or other entity on behalf of Herbert James F II.
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