Benjamin P. Cowart - 27 Feb 2023 Form 4 Insider Report for Vertex Energy Inc.

Role
CEO and President, Director, 10%+ Owner
Signature
/s/ Benjamin P. Cowart
Issuer symbol
N/A
Transactions as of
27 Feb 2023
Net transactions value
-$539,995
Form type
4
Filing time
28 Feb 2023, 15:26:24 UTC
Previous filing
17 Nov 2022
Next filing
03 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VTNR Common Stock Sale $539,995 -66,666 -1.2% $8.10 5,650,608 27 Feb 2023 Through B&S Cowart II Family LP F1
holding VTNR Common Stock 262,854 27 Feb 2023 Direct
holding VTNR Common Stock 174,085 27 Feb 2023 Through spouse
holding VTNR Common Stock 70,214 27 Feb 2023 Through The Shelley T. Cowart 2016 Grantor Retained Annuity Trust
holding VTNR Common Stock 7,500 27 Feb 2023 Through Vertex Holdings, LP
holding VTNR Common Stock 100,765 27 Feb 2023 Through VTX Inc.
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $8.14238 to $8.0651, inclusive. The price reported above reflects the weighted average sales price. The Reporting Person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected. The sales reported on this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by B&S Cowart II Family LP on June 6, 2022.

Remarks:

Mr. Cowart disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein.