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Insider Trends: Insider at Green Plains Receives Shares Award Sells Portion for Taxes, Easing 90-Day Buy Trend

05/11/2021 12:59

04:58 PM EDT, 05/11/2021 (MT Newswires) -- On May 07, 2021, Thomas L Manuel, Director, awarded 4,505 shares in Green Plains (GPRE) and sold 4,254 shares concurrently to meet tax obligations. After accounting for tax obligations this transaction resulted in a net acquisition of 251 company shares. Subsequent to the Form 4 filing with the SEC, Manuel owns 43,616 shares of the company, which have a market value of $1.31 million as of the prior-day closing price.

During the most recent 90-day period, previous to the date of this filing, there have been 22 insider transactions reported to the SEC for Green Plains. These transactions came from the activities of 11 different insiders that resulted in a net acquisition of 4,544 company shares. Relative to the preceding 90-day window of time, there are no insider transactions for the company.

This represents a lower level of transactions than the peer group average in the 7-company Ethanol Fuels peer group over the last 90-day period. Peer group activity averaged 64.6 transactions per company, and disposition of 112,852 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1309402/000130940221000071/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.