Bloom Paul D 4
Research Summary
AI-generated summary
Gevo (GEVO) CEO Paul Bloom Sells 35,189 Shares
What Happened
Paul D. Bloom, CEO and Director of Gevo, sold 35,189 shares on June 12, 2026 in an open-market/private sale. The reported weighted-average price was $1.43 per share for a total of $50,151. According to the filing, the shares were sold to cover tax withholding obligations upon vesting of a restricted stock award and were effected under a 10b5-1 trading plan adopted December 22, 2025.
Key Details
- Transaction date: 2026-06-12; Form 4 filed 2026-06-15.
- Shares sold: 35,189 at a weighted average price of $1.43; total proceeds ~$50,151.
- Price range: shares were sold in multiple transactions at prices from $1.390 to $1.475 per share (reporting person can provide breakdown on request) (Footnote F2).
- Reason/footnote: sale made to cover tax withholding on vested restricted stock and executed under a 10b5-1 plan (Footnote F1).
- Shares owned after transaction: not specified in the provided excerpt; see the full Form 4 for current holdings.
Context
Sales to cover tax withholding on vested awards are common and typically routine rather than a directional signal about the insider’s view. A 10b5-1 plan indicates the trades were preplanned and scheduled in advance. Purchases generally carry more informational weight for bullish signals than routine withholding sales.