Accepted (ET)
5:24 PM
Sep 4, 2026
Filed
Sep 4, 2026
Documents
1
Size
6.7 KB
Summary
Gevo (GEVO) Chief of Staff Kimberly Bowron Sells Shares
What Happened
- Kimberly T. Bowron, Chief of Staff at Gevo, sold 1,221 shares of Gevo common stock on September 3, 2026. The reported weighted-average price was $1.71 per share for total proceeds of about $2,088. The sales were made under a pre-arranged 10b5‑1 trading plan and were executed to cover withholding obligations upon vesting of restricted stock awards. The price range for the multiple sale transactions was $1.70–$1.71 per share.
- The filing also notes a separate small disposal of 5.14 shares between August 6 and September 3, 2026 under Gevo’s 401(k) plan to cover administrative fees.
Key Details
- Transaction date: September 3, 2026 (reported on Form 4 filed September 4, 2026 — timely).
- Shares sold: 1,221; weighted-average price: $1.71; proceeds ≈ $2,088.
- Price range across trades: $1.70–$1.71 (reporting person can provide breakdown on request).
- Reason given: sale to cover tax withholding upon vesting of restricted stock (Footnote F1).
- Sale mechanism: reported as open-market/private sale under code “S”; executed pursuant to a 10b5‑1 plan adopted November 20, 2025 (Footnote F1).
- Additional note: 5.14 shares disposed under 401(k) to cover administrative fees (Footnote F3).
- Shares owned after transaction: not specified in this filing.
Context
- This was a sale to satisfy tax-withholding obligations on vested restricted stock and executed under a pre-established 10b5‑1 plan — actions often considered routine and not necessarily a signal about the insider’s view of the company. The dollar amount involved is small (~$2k), so it’s unlikely to materially affect market perception.