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Green Plains (NASDAQ: GPRE) legal chief logs tax withholding and PSU share vesting

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

Rhea-AI Filing Summary

Green Plains Inc. Chief Legal and Admin Officer Michelle Mapes reported compensation-related stock transactions. On January 7, 2026, she had 34,906 shares of common stock withheld at a price of $9.8 per share to cover taxes on previously granted restricted stock that vested under her amended employment agreement. On the same date, she received an award of 33,904 shares of common stock at $9.8 per share, representing shares issued under performance share unit grants from March 2023, March 2024, and March 2025, all vesting at target and reported net of tax withholdings. Following these transactions, she directly owned 67,241 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
X
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*
MAPES MICHELLE

(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 Legal and Admin Officer
3. Date of Earliest Transaction (Month/Day/Year)
01/07/2026
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 01/07/2026 F 34,906(1) D $9.8 33,337 D
Common Stock 01/07/2026 A 33,904(2) A $9.8 67,241 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. Disposition represents tax withholding on the portion of previously reported restricted stock grants that vested on date indicated herein in accordance with the Employment Agreement, as amended.
2. Represents 3,793 shares issued under the March 2023 PSU grant, 6,343 shares issued under the March 2024 PSU grant, and 23,768 shares issued under the March 2025 PSU grant, all net of withholdings. All shares vested at target in accordance with the Employment Agreement, as amended.
Remarks:
/s/ Michelle Mapes 01/08/2026
** 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 transactions did Green Plains (GPRE) report for Michelle Mapes?

On January 7, 2026, Chief Legal and Admin Officer Michelle Mapes reported a tax-related disposition of 34,906 shares of Green Plains common stock at $9.8 per share and an acquisition of 33,904 shares at $9.8 per share tied to vesting equity awards.

Why were 34,906 Green Plains (GPRE) shares disposed of by Michelle Mapes?

The 34,906-share disposition represents tax withholding on a portion of previously reported restricted stock grants that vested on January 7, 2026 in accordance with her amended employment agreement.

What equity awards vested for Michelle Mapes at Green Plains (GPRE)?

The filing states that 33,904 shares were issued under performance share unit grants from March 2023, March 2024, and March 2025, all vesting at target and reported net of withholdings.

How many Green Plains (GPRE) shares does Michelle Mapes own after these transactions?

After the reported transactions on January 7, 2026, Michelle Mapes directly beneficially owned 67,241 shares of Green Plains common stock.

What do the transaction codes F and A mean in the Green Plains (GPRE) Form 4?

The code F in the filing refers to shares withheld to pay taxes upon vesting of equity awards, while the code A refers to an acquisition of shares, in this case issued upon vesting of performance share units.

Are the reported Green Plains (GPRE) shares held by Michelle Mapes directly or indirectly?

The Form 4 indicates that the shares involved in both transactions, and the 67,241 shares owned after the transactions, are held under direct ownership by Michelle Mapes.

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