Gevo, Inc. (GEVO): director K'Lynne Johnson elected to the board

Events in this filing

Item 5.02 as filed

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Effective as of November 4, 2026, the Board of Directors (the “Board”) of Gevo, Inc. (“Gevo” or the “Company”) approved the appointment of K’Lynne Johnson to the Board as a Class II director, with a current term that will expire at the annual meeting of stockholders to be held in 2027. Ms. Johnson will receive an annual cash retainer of $85,000 and an equity grant valued at $63,000 for service as a non-employee director, subject to the Company’s compensation policy for non-employee directors as specified from time to time by the Board. The equity award will be made pursuant to the Company’s Amended and Restated 2010 Stock Incentive Plan. Ms. Johnson will also be eligible to receive annual grants of equity and other compensation consistent with the Company’s compensation policy for her service as a non-employee director, as specified from time to time by the Board. Ms. Johnson also entered into the Company’s customary form of indemnification agreement upon her appointment to the Board.
There are no understandings or arrangements with any person pursuant to which Ms. Johnson was selected as a director, and Ms. Johnson is not party to any related party transaction required to be reported pursuant to Item 404(a) of Regulation S-K.
The Board considered the independence of Ms. Johnson under The Nasdaq Stock Market LLC (“Nasdaq”) listing standards and concluded that Ms. Johnson is an independent director under the applicable Nasdaq standards.