[Form 4] Green Plains, Inc. Insider Trading Activity

Rhea-AI Filing Summary

G. Patrich Simpkins Jr., identified as an officer (CEO Fluid Quip) of Green Plains, Inc. (GPRE), reported changes in his beneficial ownership on 08/27/2025. The Form 4 shows a disposition of 26,359 common shares at $9.95 listed as tax withholding on previously reported restricted stock that vested, leaving 241,273 shares reported as beneficially owned. The Form also shows an acquisition of 38,954 common shares at $9.95, with a reported post-transaction beneficial ownership of 280,227 shares. The filing explains the acquired shares arise from PSU grants issued in March 2023 (10,099 shares), March 2024 (11,516 shares) and March 2025 (48,388 shares), and states that all shares vested at target and are net of withholdings.

Insights

Corporate Governance Expert

TL;DR: Routine executive equity vesting and tax withholding reported; no new derivative transactions or departures disclosed.

The Form 4 documents standard compensation-related activity: restricted stock settlements subject to tax withholding and performance share unit (PSU) vesting. These actions reflect compensation realization rather than open-market trading. The filing does not indicate option exercises, sales beyond withholding, or changes in control. For governance review, the key takeaways are alignment of management compensation with shareholder outcomes via PSUs and routine share count changes that may modestly affect insider ownership percentages.

Securities Analyst

TL;DR: Insider reported net issuance from PSU vesting and withholding; transactions appear compensatory and not liquidity-driven.

The transactions occurred at $9.95 per share and show a net acquisition event of 38,954 shares paired with a 26,359-share disposition for tax withholding, resulting in a reported increase in beneficial ownership to 280,227 shares. There is no indication of open-market sales or material changes to leverage or debt positions. The disclosure is specific and limited to equity compensation settlement details.

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

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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^*

Simpkins G Patrich Jr

(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)
	CEO Fluid Quip

3. Date of Earliest Transaction (Month/Day/Year)
08/27/2025

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	08/27/2025		F		26,359(1)	D	$9.95	241,273	D
Common Stock	08/27/2025		A		38,954(2)	A	$9.95	280,227	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 filed by the Company on form 10-Q on May 1, 2014.

2. Represents 10,099 shares issued under the March 2023 PSU grant, 11,516 shares issued under the March 2024 PSU grant, and 48,388 shares issued under the March 2025 PSU grant, all net of withholdings. All shares vested at target in accordance with the Employment Agreement filed by the Company on form 10-Q on May 1, 2014.

Remarks:

	/s/ G. Patrich Simpkins Jr	08/29/2025
	** 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 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.
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FAQ

What transactions did G. Patrich Simpkins Jr. report on Form 4 for GPRE?

The Form 4 reports a disposition of 26,359 shares at $9.95 (tax withholding on vested restricted stock) and an acquisition of 38,954 shares at $9.95 (PSU vesting) on 08/27/2025.

How many shares does Simpkins beneficially own after the reported transactions?

The filing reports 280,227 shares beneficially owned following the acquisition and 241,273 shares prior to the acquisition after the withholding disposition.

What is the stated reason for the disposition of 26,359 shares?

The disposition represents tax withholding on previously reported restricted stock grants that vested, per the Employment Agreement referenced in the filing.

What grants produced the acquired 38,954 shares?

The filing states the acquisition reflects shares issued under PSU grants: 10,099 (March 2023), 11,516 (March 2024) and 48,388 (March 2025), and says all shares vested at target and are net of withholdings.

Were any derivative securities reported in this Form 4 for GPRE?

No. Table II (derivative securities) contains no reported transactions; all disclosed activity is in non-derivative common stock.