The GEO Group, Inc. completed the sale of its three-facility Adelanto Complex in California to the United States for an aggregate gross purchase price of $950 million; the facilities total 2,644 beds. After federal and state taxes and transaction fees and expenses, GEO anticipates approximately $705 million in net proceeds. The company intends to use the proceeds, together with cash flow from operations, to reduce debt, repurchase common stock and for general corporate purposes.
On October 5, 2026, GEO announced that its Board had increased the share repurchase authorization from $500 million to $1.25 billion, effective through December 31, 2029. The authorization does not obligate GEO to repurchase any particular amount. GEO expects to continue support services for the facilities under its existing ICE contract, which has a full term through December 19, 2034, inclusive of the current term ending December 19, 2029 and a five-year option period. ICE may terminate the contract for non-appropriation of funds or convenience. GEO is also pursuing possible sales of other company-owned facilities to ICE, but has no definitive agreement or precise timeline for additional transactions and gives no assurance they will occur.
GEO GROUP INC (GEO) reported that Senior Vice President, Client Relations Matthew Albence sold 11,797 shares of common stock on September 11, 2026 in a sale described as open market or private transactions at a weighted average price of $31.455 per share, with individual trade prices between $31.430 and $31.480. After this sale, he held 87,601.549 shares of common stock and 79,573 shares of restricted stock directly, and no Rule 10b5-1 trading plan is reported.
GEO GROUP INC (GEO) has a notice of proposed insider sale under Rule 144 filed for the account of officer Matthew T. Albence. The filing covers 11,797 shares of common stock, related to restricted stock vesting designated as compensation.
The notice lists these 11,797 common shares with an aggregate market value of $370,931.77 as of September 11, 2026, with GEO common stock listed on the NYSE. It also reports a prior sale by Matthew T. Albence of 10,000 common shares on August 20, 2026 for $316,706.03. Fidelity Brokerage Services LLC is identified as the broker, and the form is signed by Emily Navaro as attorney-in-fact for Matthew T. Albence.
GEO GROUP INC (GEO) executive Ronald A. Brack, Executive Vice President, Chief Accounting Officer and Controller, reported selling 7,000 shares of GEO common stock on August 21, 2026 at $32.00 per share. After this sale and a prior transfer to his ex-spouse noted in a footnote, he directly holds 71,614 common shares and 33,125 restricted shares.
GEO GROUP INC (GEO) reported insider activity by Matthew Albence, Senior VP, Client Relations. On 2026-08-20, he sold 10,000 shares of common stock at a weighted average price of $31.686 per share, in multiple trades between $31.660 and $31.740. After this sale, he directly held 99,398.549 shares of common stock and 79,573 shares of restricted stock.
GEO GROUP INC (GEO) received a Rule 144 notice relating to planned sales of its common stock for the account of Ronald A. Brack, through Fidelity Brokerage Services LLC. The notice covers up to 7,000 shares of common stock, which were acquired from the issuer as restricted stock vesting on March 1, 2025 as compensation. The common stock is listed on the NYSE, and the filing references 131,619,584 shares of common stock outstanding. The notice indicates a proposed sale period ending August 21, 2026.
GEO GROUP INC (GEO) has a notice of proposed sale filed under Rule 144 for shares held by Matthew T. Albence. The filing covers up to 10,000 shares of common stock, to be sold through Fidelity Brokerage Services LLC on the NYSE by 08/20/2026. These shares were acquired from the issuer as compensation upon restricted stock vesting on 03/07/2025, with an indicated aggregate value of $316,706.03 at the time of the notice.
GEO GROUP INC director Lindsay L. Koren reported selling 3,500 shares of Common Stock on August 13, 2026 at a price of $31.305 per share in an open market or private transaction. Following this sale, Koren directly held 14,674.5 shares of Common Stock.
A separate reporting line shows a direct holding of 23,840.5 shares of Restricted Stock after adjustments. According to the footnote, these post-transaction amounts reflect the vesting of 3,721 restricted shares on March 1, 2025 and 2,791.5 restricted shares on March 1, 2024. The filing does not indicate use of a Rule 10b5-1 trading plan.
GEO Group Inc. is the subject of an amended ownership report by Continental General Insurance Company and related entities, along with Michael Gorzynski. As of June 30, 2026, Continental General Insurance Company directly beneficially owned 4,925,578 shares of GEO Group common stock.
Because of the ownership chain, Continental Insurance Group, Ltd., Continental General Holdings LLC, and Michael Gorzynski may each be deemed to beneficially own the same 4,925,578 shares, representing approximately 3.7% of the outstanding shares, based on 133,618,284 shares outstanding as of May 4, 2026. Voting and dispositive power over these shares is reported as shared, with no sole voting or dispositive power.