Fitzgerald Lindsay Clinton 4
Research Summary
AI-generated summary
Gevo (GEVO) Chief Advocacy Officer Fitzgerald Receives Awards
What Happened
- Fitzgerald Lindsay Clinton, Gevo's Chief Advocacy Officer, was granted two awards on May 20, 2026: 59,451 shares of restricted common stock (reported at $0) and a derivative award of 68,690 shares (reported at $0), recorded as award/grant transactions. The restricted stock and the derivative (stock options) carry multi-year vesting schedules rather than immediate saleable shares.
Key Details
- Transaction date: May 20, 2026; Report filed May 22, 2026 (filed within the typical 2-business-day Form 4 window).
- Consideration: $0 reported for both grants (typical for stock awards/options).
- Vesting: Restricted shares vest in three equal annual installments beginning on the first anniversary of the grant (F1). The stock options vest in three equal annual installments beginning on the first anniversary (F3).
- Shares owned after the transaction: Not specified in the provided filing excerpt.
- Other footnote: Between March 12, 2026 and May 20, 2026, Fitzgerald disposed of 15.53 shares under the company 401(k) plan to cover administrative fees (F2).
- Transaction code: A = Award/Grant.
Context
- These grants are compensatory awards that vest over time; they are not immediate purchases or sales and therefore are not a direct market vote. The derivative award represents options (or similar) that must vest before they can be exercised or converted into common stock. The small 401(k) disposal was to cover plan fees and is routine.