GRASSI CARL J. 4

What Happened
Carl J. Grassi, a director of Green Plains, Inc. (GPRE), was granted 9,019 shares on June 5, 2026 as an award/acquisition (code A). The grant price is shown as $14.97 per share, for an aggregate value of approximately $135,014. This was a company equity award (likely restricted stock or similar), not an open-market purchase.

Key Details

• Transaction date: 2026-06-05; Form 4 filed: 2026-06-09 (filed 4 days after the transaction; appears later than the typical two-business-day Form 4 deadline).
• Shares granted: 9,019; price used for reporting: $14.97; total reported value: $135,014.
• Shares owned after the transaction: not disclosed in the provided filing.
• Footnote: Shares vest on the first anniversary of the grant date (i.e., likely June 5, 2027).
• Transaction code: A = award/grant (compensation), not a market purchase or sale.

Context
Equity awards to directors are commonly part of compensation and typically vest over time; they do not necessarily signal a personal market buy or sell decision. Because these shares vest in one year, Grassi does not immediately receive unrestricted, tradable shares. The later filing date may be administrative; however, Form 4s are generally expected within two business days of the transaction.