GEO Group (NYSE:GEO) holder Matthew Albence plans stock sale
Rhea-AI Filing Summary
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.
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Key Figures
Shares to be sold: 10,000 shares
Aggregate value: $316,706.03
Vesting date: 03/07/2025
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4 metrics
Shares to be sold
10,000 shares
Common stock covered by the Rule 144 notice for Matthew T. Albence
Aggregate value
$316,706.03
Value associated with the 10,000 GEO common shares in the filing
Vesting date
03/07/2025
Date of restricted stock vesting that produced the shares
Proposed sale deadline
08/20/2026
Latest date by which the Rule 144 sale may occur
Key Terms
Rule 144, Restricted Stock Vesting, attorney-in-fact
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Vesting financial
"Common | 03/07/2025 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact regulatory
"as attorney-in-fact for Matthew T. Albence"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
What does the Form 144 filing for GEO (GEO GROUP INC) disclose?
The Form 144 discloses a proposed sale of 10,000 GEO common shares held by Matthew T. Albence under Rule 144, to be executed through Fidelity Brokerage Services LLC on the NYSE by 08/20/2026.
Who is the selling security holder in this GEO (GEO GROUP INC) Form 144?
The selling security holder is Matthew T. Albence. Fidelity Brokerage Services LLC is identified as the broker, with the notice signed by Wade Moss as attorney-in-fact for Albence on 08/20/2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.