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Insider Trends: Green Plains Insider Awarded Shares Uses Portion to Pay Taxes, Easing 90-Day Buy Trend

05/11/2021 13:09

04:54 PM EDT, 05/11/2021 (MT Newswires) -- On May 07, 2021, Gordon Fredrick Glade, Director, awarded 4,505 shares in Green Plains (GPRE) and sold 4,232 shares concurrently to meet tax obligations. After accounting for tax obligations this transaction resulted in a net acquisition of 273 company shares. After the Form 4 filing with the SEC, Glade controls a total of 82,527 shares of company stock, with 81,332 shares held directly and 1,195 owned indirectly. The market value of the direct and indirect holdings, based on the prior-day closing price, is approximately $2.47 million.

In the 90 days prior to the date of this filing, there have been 19 insider transactions reported to the SEC for Green Plains. These transactions came from the activities of 9 individual insiders that resulted in a net disposition of 234 company shares. This compares with the preceding 90-day window of time where there are no insider transactions for the company.

This is less than the average level of insider transactions in the 7-company Ethanol Fuels peer group over the last 90-day period. Activity in the peer group averaged 64.1 transactions per company, and disposition of 112,949 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1309402/000130940221000067/xslF345X03/certent-form4.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.