STOCK TITAN

GEO (GEO) Form 144 Filed for 155,881-Share Sale; Recent August Sales Listed

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

The GEO Group, Inc. (GEO) submitted a Form 144 reporting a proposed sale of 155,881 common shares through Merrill Lynch on the NYSE with an aggregate market value of $3,268,824.57. The filer reports acquiring 55,881 shares on 03/03/2025 as equity compensation and 100,000 shares in August 2024 by open-market purchases (50,000 on 08/12/2024 and 50,000 on 08/13/2024). The filing lists prior sales by the same person during the past three months totaling 250,888 shares with gross proceeds shown for each trade between $213,236.53 and $552,404.37. The proposed block represents approximately 0.11% of the issuer's 141,534,615 outstanding shares.

Positive

  • Rule 144 disclosure provided with detailed transaction dates, acquisition methods, and broker information, enhancing transparency
  • Proposed sale is small relative to outstanding shares (155,881 shares is ~0.11% of 141,534,615 outstanding)

Negative

  • Substantial insider selling in prior three months: the filing shows 15 trades totaling 250,888 shares sold recently
  • Aggregate market value of proposed sale is material in absolute dollars at $3,268,824.57, which may attract investor attention

Insights

TL;DR: Insider plans to sell 155,881 shares (~$3.27M); recent August sales totaled 250,888 shares.

The Form 144 documents an insider disposal of common stock via Merrill Lynch with a stated aggregate market value of $3,268,824.57. The filing clearly itemizes acquisition dates and means: equity compensation (55,881 shares) and open-market purchases (100,000 shares in August 2024). The schedule of trades in the prior three months shows 15 transactions totaling 250,888 shares with reported gross proceeds per trade. From an investor-analysis standpoint, these are disclosed sales by an insider and are properly reported under Rule 144; they amount to a small fraction of outstanding shares (the proposed sale is ~0.11% of shares outstanding). No earnings, operational or forward-looking information is provided in this filing.

TL;DR: The filing reflects routine insider selling with complete transaction detail; compliance appears intact.

The Form 144 includes acquisition method and payment details for the securities to be sold and lists recent dispositions during the past three months. The document contains the customary representation that the seller is not aware of undisclosed material adverse information. This filing meets the disclosure requirements for a Rule 144 notice and provides sufficient transactional detail for stakeholders to assess the magnitude and timing of insider sales. The filing does not include any corporate governance changes or allegations of impropriety.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does GEO's Form 144 report for insider sales?

The Form 144 reports a proposed sale of 155,881 common shares via Merrill Lynch valued at $3,268,824.57 and lists prior sales totaling 250,888 shares.

How many shares outstanding does GEO report and what percent is the proposed sale?

The filing shows 141,534,615 shares outstanding; the proposed sale of 155,881 shares is approximately 0.11% of outstanding shares.

When and how were the securities being sold originally acquired?

The filer acquired 55,881 shares on 03/03/2025 as equity compensation and acquired 100,000 shares in open-market purchases on 08/12/2024 and 08/13/2024.

What broker is handling the proposed sale?

The proposed sale is to be executed through Merrill Lynch, 1 Town Center Road, Boca Raton, FL 33486 on the NYSE.

How many shares did the insider sell in the past three months and what were the proceeds?

The filing lists 15 transactions in the past three months totaling 250,888 shares with individual gross proceeds shown for each trade ranging from about $213,236.53 to $552,404.37.
Geo Group Inc

NYSE:GEO

GEO Rankings

GEO Latest News

GEO Latest SEC Filings

GEO Stock Data

2.30B
132.01M
4.38%
90.92%
6.44%
Security & Protection Services
General Bldg Contractors - Residential Bldgs
Link
United States
BOCA RATON