Green Plains insider filing: CEO adds 83,933 shares; vesting starts 08/19/2026

Rhea-AI Filing Summary

Chris Osowski, who serves as CEO and a Director of Green Plains Inc. (GPRE), reported an acquisition of 83,933 shares of the company’s common stock on 08/19/2025 at a reported price of $8.34 per share. After this transaction Mr. Osowski beneficially owned 155,008 shares. The filing notes these shares are subject to a grant with first vesting on 08/19/2026, when one-third of the total grant vests with the remaining two-thirds vesting on each of the next two anniversaries.

This Form 4 was signed by Mr. Osowski on 08/20/2025. The filing shows the transaction as an acquisition and indicates the report was filed by one reporting person.

Insights

Financial Analyst

TL;DR: CEO acquisition of 83,933 shares at $8.34 increases insider stake to 155,008 shares; structured vesting aligns executive incentives.

The reported acquisition increases the CEO's economic exposure to Green Plains and signals alignment of his compensation with company performance. The $8.34 per-share price and the one-third annual vesting schedule beginning August 19, 2026 suggest a multi-year retention and incentive structure rather than an immediate open-market purchase. For investors this is a governance signal that management has skin in the game, though the economic benefit is contingent on future vesting and any applicable forfeiture conditions not disclosed in this Form 4.

Corporate Governance Expert

TL;DR: Standard executive equity grant with multi-year vesting; supports retention but delays full ownership.

The transaction appears to be an equity grant reported as an acquisition with vesting beginning one year after grant and annual vesting thereafter. This structure is common for senior executives and balances retention with performance incentives. The filing does not provide additional terms (performance conditions or forfeiture triggers), so assessment is limited to the vesting schedule and reported share counts. The lack of disclosed performance criteria means these shares may function primarily as time-based retention awards.

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
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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^*

Osowski Chris

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
08/19/2025

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	08/19/2025(1)		A		83,933	A	$8.34	155,008	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 August 19, 2026. One-third of the total shares vest on that date and an additional one-third vest on each of the next two anniversaries thereafter.

Remarks:

	/s/ Chris Osowski	08/20/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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