Green Plains (GPRE) CEO reports routine tax withholding of vested shares
Rhea-AI Filing Summary
Green Plains Inc. president and CEO Chris Osowski reported a routine tax-related share disposition. On the reported date, 1,999 shares of common stock were withheld at $15.81 per share to cover tax obligations on a previously granted restricted stock award that vested. This was not an open-market sale. After this withholding, Osowski directly holds 238,390 shares of Green Plains common stock, so the transaction represents a small portion of his overall stake and reflects standard equity compensation mechanics rather than a change in investment view.
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FAQ
What insider transaction did Green Plains (GPRE) CEO Chris Osowski report?
Chris Osowski reported a tax-withholding disposition of 1,999 Green Plains common shares. The shares were withheld upon vesting of a previously granted restricted stock award, reflecting routine equity compensation rather than an open-market trade.
Was the Green Plains (GPRE) CEO’s Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. The 1,999 shares were withheld by the company to satisfy tax obligations related to a vesting restricted stock grant, a common administrative step in equity compensation programs.
How many Green Plains (GPRE) shares does CEO Chris Osowski hold after this filing?
Following the reported tax-withholding disposition, Chris Osowski directly holds 238,390 shares of Green Plains common stock. This shows the withheld 1,999 shares are a relatively small portion of his total reported equity position.
What price per share was used for the Green Plains (GPRE) CEO tax withholding?
The tax-withholding disposition used a price of $15.81 per Green Plains common share. This price is used to determine the value of shares withheld to cover the associated tax liability on the vested restricted stock.
What does the Form 4 tax-withholding transaction mean for Green Plains (GPRE) investors?
The transaction reflects routine tax withholding on vested restricted stock and not a discretionary sale. It indicates standard processing of executive equity compensation, with the CEO maintaining a substantial direct share position after the withholding event.