Gevo, Inc. Announces 2024 Annual Meeting of Stockholders on May 21, 2024
Ticker: GEVO · Form: DEF 14A · Filed: Apr 9, 2024 · CIK: 1392380
Sentiment: neutral
Topics: Gevo, GEVO, DEF 14A, Annual Meeting, Proxy Statement
TL;DR
<b>Gevo, Inc. will host its 2024 Annual Meeting of Stockholders online on May 21, 2024, to elect directors, ratify auditors, and vote on executive compensation.</b>
AI Summary
Gevo, Inc. (GEVO) filed a Proxy Statement (DEF 14A) with the SEC on April 9, 2024. Gevo, Inc. will hold its 2024 Annual Meeting of Stockholders online on May 21, 2024, at 2:00 p.m. Mountain Time. The meeting's agenda includes electing two Class II directors, ratifying Grant Thornton LLP as independent auditors for FY2024, and an advisory vote on executive compensation. The record date for the meeting is March 25, 2024. The meeting will be held virtually at www.virtualshareholdermeeting.com/GEVO2024 to facilitate attendance and reduce environmental impact. The company is registered under SIC code 2860 (Industrial Organic Chemicals).
Why It Matters
For investors and stakeholders tracking Gevo, Inc., this filing contains several important signals. The virtual format aims to increase stockholder participation and align with the company's sustainability goals by reducing travel-related carbon footprint. Key decisions at the meeting include the election of directors and the ratification of the independent auditor, Grant Thornton LLP, which are critical governance functions.
Risk Assessment
Risk Level: low — Gevo, Inc. shows low risk based on this filing. The filing is a routine proxy statement (DEF 14A) and does not contain new financial or operational disclosures that would significantly alter the risk profile.
Analyst Insight
Stockholders should review the director nominees and executive compensation proposals before the May 21, 2024, virtual Annual Meeting.
Key Numbers
- May 21, 2024 — Annual Meeting Date (2024 Annual Meeting of Stockholders)
- 2:00 p.m. Mountain Time — Meeting Time (2024 Annual Meeting of Stockholders)
- March 25, 2024 — Record Date (Stockholders eligible to vote)
- 2 — Directors to be Elected (Class II directors)
- 2027 — Director Term End (Until the 2027 Annual Meeting of Stockholders)
- 2024 — Fiscal Year for Auditor Ratification (Grant Thornton LLP appointment)
Key Players & Entities
- Gevo, Inc. (company) — Registrant
- Grant Thornton LLP (company) — independent registered public accounting firm
- May 21, 2024 (date) — Annual Meeting date
- March 25, 2024 (date) — Record date
- 2024 (date) — Fiscal year end
- 345 Inverness Drive South, Building C, Suite 310 (address) — Company business address
- Englewood, Colorado (address) — Company business address
- 2860 (industry_code) — Standard Industrial Classification
FAQ
When did Gevo, Inc. file this DEF 14A?
Gevo, Inc. filed this Proxy Statement (DEF 14A) with the SEC on April 9, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by Gevo, Inc. (GEVO).
Where can I read the original DEF 14A filing from Gevo, Inc.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Gevo, Inc..
What are the key takeaways from Gevo, Inc.'s DEF 14A?
Gevo, Inc. filed this DEF 14A on April 9, 2024. Key takeaways: Gevo, Inc. will hold its 2024 Annual Meeting of Stockholders online on May 21, 2024, at 2:00 p.m. Mountain Time.. The meeting's agenda includes electing two Class II directors, ratifying Grant Thornton LLP as independent auditors for FY2024, and an advisory vote on executive compensation.. The record date for the meeting is March 25, 2024..
Is Gevo, Inc. a risky investment based on this filing?
Based on this DEF 14A, Gevo, Inc. presents a relatively low-risk profile. The filing is a routine proxy statement (DEF 14A) and does not contain new financial or operational disclosures that would significantly alter the risk profile.
What should investors do after reading Gevo, Inc.'s DEF 14A?
Stockholders should review the director nominees and executive compensation proposals before the May 21, 2024, virtual Annual Meeting. The overall sentiment from this filing is neutral.
Risk Factors
- Compliance with SEC Regulations [low — regulatory]: The company must comply with all SEC rules and regulations regarding proxy solicitations and annual meetings.
- Virtual Meeting Logistics [low — operational]: Ensuring a smooth and accessible virtual meeting experience for all stockholders is crucial for effective participation.
- Auditor Independence and Effectiveness [low — financial]: The ratification of Grant Thornton LLP as the independent auditor is essential for maintaining financial reporting integrity.
- Director Elections [low — governance]: The election of Class II directors impacts the future strategic direction and oversight of the company.
Key Dates
- 2024-05-21: 2024 Annual Meeting of Stockholders — Key date for director elections, auditor ratification, and executive compensation vote.
Filing Stats: 4,920 words · 20 min read · ~16 pages · Grade level 11.6 · Accepted 2024-04-09 16:01:16
Key Financial Figures
- $10,500 — es. We expect to pay D.F. King a fee of $10,500, plus reimbursement of reasonable expen
Filing Documents
- tm247080-4_def14a.htm (DEF 14A) — 1146KB
- bc_paidvsnetincome-pn.jpg (GRAPHIC) — 44KB
- bc_paidvstsr-pn.jpg (GRAPHIC) — 42KB
- ic_tickwhite-ko.gif (GRAPHIC) — 1KB
- lg_gevo-4c.jpg (GRAPHIC) — 11KB
- px_24gevopxy1pg01-bw.jpg (GRAPHIC) — 237KB
- px_24gevopxy1pg02-bw.jpg (GRAPHIC) — 151KB
- sg_cabellmassey-bw.jpg (GRAPHIC) — 6KB
- 0001104659-24-045206.txt ( ) — 1763KB
Executive Compensation Philosophy and Objectives
Executive Compensation Philosophy and Objectives 33 Compensation Committee Report 41
Executive Compensation
Executive Compensation 42 2023 Summary Compensation Table 42 Grants of Plan-Based Awards Table for 2023 43 Outstanding Equity Awards at Fiscal Year-End 44 Option Exercise and Stock Vested Table for 2023 45 Pension Benefits 45 Nonqualified Deferred Compensation 45 Employment Arrangements 45 Potential Payments upon Termination and Change of Control 47 TABLE OF CONTENTS Page CEO Pay Ratio 49 Pay Versus Performance 50
Security Ownership of Certain Beneficial Owners and M anagement
Security Ownership of Certain Beneficial Owners and M anagement 53 Equity Compensation Plan Information Table 55 Certain Relationships and Related Party Transactions 56 Policies and Procedures for Related Party Transactions 56 Transactions with Related Persons 56 Indemnification Agreements with Directors and Executive Officers 56 Householding of Proxy M aterials 57 Stockholder Proposals and Director Nominations 57 Annual Report 58 Other M atters 58 TABLE OF CONTENTS 345 Inverness Drive South Building C, Suite 310 Englewood, Colorado 80112 (303) 858-8358 PROXY STATE M ENT INFOR M ATION CONCERNING SOLICITATION AND VOTING The Board of Directors (the "Board") of Gevo, Inc. (the "Company," "we," "us" or "our") is soliciting proxies for the Company's 2024 Annual M eeting of Stockholders (the "Annual M eeting") to be held on Tuesday, M ay 21, 2024 at 2:00 p.m. M ountain Time. The Annual M eeting will be held entirely online via live audio webcast. You will be able to attend the virtual Annual M eeting, vote and submit your questions during the Annual M eeting via live webcast by visiting: www.virtualshareholdermeeting.com/GEVO2024 and entering your 16-digit control number included in your Notice (as defined below), on your proxy card or on the instructions that accompanied your proxy materials. On or about April 9, 2024, we will commence mailing our proxy materials, including a Notice of Internet Availability of Proxy M aterials (the "Notice"). The Notice contains instructions on how to access this proxy statement and our 2023 Annual Report on Form 10-K (the "2023 Annual Report") over the Internet, which are available at www.proxyvote.com. The Notice also contains instructions on how to request a paper copy of our proxy materials, including this proxy statement, the 2023 Annual Report and a form of proxy card or voting instruction card. Our proxy materials are being sent to stockholders who owned our common stock at the clos