Green Plains (GPRE) Proxy filing summary
Event summary combining transcript, slides, and related documents.
Proxy filing summary
25 Apr, 2026Executive summary
Achieved significant operational milestones in 2025, including bringing carbon capture systems online at three Nebraska facilities, record ethanol yields, and gains in protein and corn oil output.
Completed a corporate reorganization and cost reduction initiative, enhancing efficiency and lowering costs.
Entered into a Cooperation Agreement with Ancora Holdings, refreshed the Board with three new independent directors, and appointed a new CEO, Chris Osowski, in August 2025.
Completed major asset sales and financial transactions, including the sale of the Obion, Tennessee plant and a $200 million convertible note exchange, strengthening liquidity.
Voting matters and shareholder proposals
Shareholders will vote on: (1) election of nine directors for one-year terms, (2) amendment to the 2019 Equity Incentive Plan to increase available shares and amend provisions, (3) ratification of KPMG as independent auditor for 2026, and (4) advisory vote on executive compensation.
Board recommends voting FOR all proposals.
Board of directors and corporate governance
Board consists of nine members, 89% independent, with diverse skills in leadership, finance, sustainability, and industry expertise.
Three new independent directors appointed in April 2025; CEO Chris Osowski joined the Board in August 2025.
Board committees include Audit, Compensation, Nominating and Governance, Risk, and Strategic Planning, all with defined charters and responsibilities.
Strong governance practices: 100% independent board committees, stock ownership guidelines, clawback policy, and no poison pill.
Latest events from Green Plains
- Q1 2026 net income hit $33.5M, with EBITDA boosted by 45Z credits and margin gains.GPRE
Q1 20267 May 2026 - Virtual annual meeting set for June 2026 with key votes on directors, equity plan, and compensation.GPRE
Proxy filing24 Apr 2026 - Operational improvements and 45Z credits drive growth, with export and SAF opportunities ahead.GPRE
Bank of America 2026 Global Agriculture and Materials Conference26 Feb 2026 - Q4 2025 saw $11.9M net income and $49.1M adjusted EBITDA, with strong carbon and cost gains.GPRE
Q4 20255 Feb 2026 - Record utilization, 45Z tax credits, and export growth drive a positive outlook for low-carbon biofuels.GPRE
Stephens Annual Investment Conference3 Feb 2026 - Net loss narrowed and EBITDA improved in Q2 2024, with a strong outlook for Q3 profitability.GPRE
Q2 20242 Feb 2026 - Transitioning to free cash flow, with growth in protein and carbon driving future value.GPRE
Jefferies Global Industrial Conference 202422 Jan 2026 - Net income and EBITDA surged on asset sale gains and record production, despite lower revenues.GPRE
Q3 202417 Jan 2026 - Major progress in carbon capture, clean sugar, and protein set the stage for 2025 growth.GPRE
Stephens 26th Annual Investment Conference | NASH202413 Jan 2026