Gevo CEO Paul Bloom sells $48,068 in company shares By Investing.com

Paul D. Bloom, CEO and a Director of Gevo, Inc. (), sold 31,096 shares of common stock on August 6, 2026, for a total value of $48,068. The shares were sold at a weighted average price of $1.5458 per share. The stock currently trades at $1.57, near InvestingPro’s Fair Value estimate, suggesting the shares may be fairly valued at current levels.

The transaction was executed to cover tax withholding obligations associated with the vesting of a restricted stock award. These sales were carried out under a Rule 10b5-1 trading plan, which Mr. Bloom adopted on December 22, 2025. The shares were sold in multiple transactions at prices ranging from $1.51 to $1.57 per share. Following this transaction, Mr. Bloom directly holds 1,452,303 shares of Gevo common stock. The company remains unprofitable with diluted EPS of -$0.91 over the last twelve months, though it maintains a healthy current ratio of 2.7, indicating liquid assets exceed short-term obligations.

Additionally, between June 12, 2026, and August 6, 2026, Mr. Bloom indirectly disposed of 21.68 shares of Gevo common stock through the company’s 401(k) plan. These shares were sold to cover administrative fees. After this activity, Mr. Bloom indirectly holds 28,101.83 shares in the 401(k) plan.

In other recent news, Gevo reported better-than-expected results for the second quarter of 2026. The company posted a narrower quarterly loss than anticipated, with an adjusted loss of $0.01 per share, compared to the forecasted $0.03 loss. Gevo’s revenue increased by 7% year over year to $47 million, surpassing the $45.95 million estimate. Additionally, the company raised its full-year adjusted EBITDA outlook to over $60 million, up from the previous guidance of $30 million. These results highlight Gevo’s improving operational performance. The positive earnings and revenue outcomes have been well-received, as evidenced by the company’s decision to lift its financial outlook. Gevo’s performance in Q2 reflects a promising trajectory for the remainder of the year.

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