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Gevo director Patrick Gruber sells $373,815 in company stock

Gevo director Patrick Gruber sells $373,815 in company stock

Patrick R. Gruber, a director at Gevo, Inc., divested 247,642 shares of the company's common stock on August 6, 2026, as reported in a recent SEC Form 4 filing. Gruber sold the shares at an average price of $1.5095 per share, with individual transaction prices between $1.41 and $1.57. The total value of shares sold reached $373,815.

The transaction was executed under a 10b5-1 trading plan that Gruber established on November 19, 2025. Following the sale, Gruber directly owns 3,323,788 shares of Gevo common stock. The stock has demonstrated a 7.6% gain over the past week, currently trading at $1.69, above the weighted average sale price. Between June 12, 2026, and August 6, 2026, Gruber sold an additional 20.24 shares through Gevo's 401(k) plan to cover administrative fees.

As a result, Gruber indirectly holds 25,737.70 shares of Gevo through the 401(k) plan. Despite the company's unprofitability, it has shown strong revenue growth of 121% over the past year. InvestingPro suggests the stock is slightly undervalued based on its Fair Value estimate. For further analysis, investors can explore InvestingPro's ProTips and comprehensive Pro Research Reports on GEVO and 1,400+ other US equities.

Recently, Gevo reported its second-quarter 2026 financial results, surpassing analyst expectations with a 7% year-over-year revenue increase to $47 million. The company also reported a narrower-than-expected adjusted loss of $0.01 per share, compared to the forecasted $0.03 loss. Furthermore, Gevo raised its full-year adjusted EBITDA outlook to over $60 million, up from the previous projection of $30 million.

These positive developments have garnered attention from investors, although the earnings call did not discuss any mergers or acquisitions. Analyst feedback on Gevo's future prospects was not explicitly provided in the recent reports.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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