Kettner David Michael 4

What Happened

• David Michael Kettner, General Counsel of Gevo, received two equity awards on May 20, 2026: 133,232 restricted shares and 153,937 derivative shares (stock options). Both awards report an acquisition price of $0.00, for a combined total of 287,169 shares granted. These were awards/grants (code A), not purchases or sales.

Key Details

• Transaction date: May 20, 2026; Form 4 filed May 22, 2026 (timely filing).
• Awards: 133,232 restricted common shares (acquired) and 153,937 shares reported as a derivative award (stock options).
• Acquisition price: $0.00 for both grants (typical for compensation awards).
• Vesting: Footnote F1 — restricted shares vest in three equal annual installments starting on the first anniversary, contingent on continued service. Footnote F2 — stock options vest in three equal annual installments starting on the first anniversary, contingent on continued service.
• Shares owned after transaction: Not disclosed in this filing.
• Transaction code: A = Award/Grant. This is not an exercise or sale.

Context

• These are compensation grants, not open-market purchases or sales, so they represent standard incentive-based equity awards rather than an immediate directional bet by the insider. The derivative entry reflects options that must vest before they can be exercised; no exercise or sale occurred in this filing.