Gevo CEO Paul D. Bloom Exercises Options (50,000 Shares)

What Happened

• Paul D. Bloom, CEO and Director of Gevo, reported exercising stock options on August 13, 2026. The filing shows he acquired 50,000 shares by exercising options at $1.18 per share (total cost $59,000).
• The same filing also reports a separate line showing 50,000 derivative shares listed as "disposed" at $0.00. The filing does not explain the reason for that $0.00 disposition.

Key Details

• Transaction date: 2026-08-13. Transaction code: M (exercise or conversion of derivative).
• Acquired: 50,000 shares at $1.18 per share (total $59,000).
• Disposed: 50,000 derivative shares at $0.00 (reason not specified in the filing).
• Shares owned after the transaction: not specified in the provided excerpt of the Form 4.
• Footnote: The options became exercisable in three equal annual installments beginning June 9, 2026 (per filing footnote F1).
• Filing: Reported on 2026-08-13 (no late filing flag noted in the provided data).

Context

• M = exercise/conversion of a derivative (typically an option). Exercising options requires payment of the strike price (here $1.18) to receive shares; this was not reported as an open-market sale.
• The $0.00 disposition line is not explained in the filing; common possibilities (not specified here) can include share surrender for tax withholding or other administrative adjustments, but the Form 4 does not state which occurred.
• This is an insider exercise (acquisition of shares) rather than a public sale; exercises show insiders converting options into stock but do not by themselves indicate whether they view the stock as under- or over-valued.