George C. Zoley (GEO) gifts 300,000 GEO Group shares to 2026 family trusts
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GEO Group director and officer George C. Zoley reported gifting Common Stock shares, while retaining a large direct stake in the company. On 2026-06-04, he made three bona fide gifts of 100,000 shares of Common Stock each, totaling 300,000 shares, to separate 2026 trusts established for the benefit of his grandchildren.
After these gifts, Zoley directly holds 3,902,529 shares of GEO Group Common Stock and 250,000 shares of Restricted Stock. The filing also shows 100,000 Common Stock shares held in each of the George Meehan 2026 Trust, Olivia Meehan 2026 Trust, and Alexander Meehan 2026 Trust. The trusts are administered by his spouse as trustee, and Zoley has no pecuniary interest or investment control over the trust-held shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
300,000 shares gifted
Mixed
7 txns
Insider
ZOLEY GEORGE C
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 100,000 | $0.00 | -- |
| Gift | Common Stock | 100,000 | $0.00 | -- |
| Gift | Common Stock | 100,000 | $0.00 | -- |
| holding | Restricted Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,902,529 shares (Direct, null);
Restricted Stock — 250,000 shares (Direct, null);
Common Stock — 100,000 shares (Indirect, See Footnote)
Footnotes (1)
- Represents a bona fide gift of 100,000 shares by the reporting person to a trust established for each of the reporting person's grandchildren. These shares are held of record by the George Meehan 2026 Trust. This represents shares held by trust for the benefit of the reporting person's grandchild. The reporting person's spouse is the trustee of the trust. The reporting person has no pecuniary interest or investment control over these shares. These shares are held of record by the Olivia Meehan 2026 Trust. This represents shares held by trust for the benefit of the reporting person's grandchild. The reporting person's spouse is the trustee of the trust. The reporting person has no pecuniary interest or investment control over these shares. These shares are held of record by the Alexander Meehan 2026 Trust. This represents shares held by trust for the benefit of the reporting person's grandchild. The reporting person's spouse is the trustee of the trust. The reporting person has no pecuniary interest or investment control over these shares.
Key Figures
Shares gifted per transaction: 100,000 shares
Total shares gifted: 300,000 shares
Direct Common Stock after gifts: 3,902,529 shares
+2 more
5 metrics
Shares gifted per transaction
100,000 shares
Bona fide gift of Common Stock on 2026-06-04
Total shares gifted
300,000 shares
Three G-code gift transactions of Common Stock
Direct Common Stock after gifts
3,902,529 shares
Direct GEO Group Common Stock holdings following transactions
Restricted Stock holdings
250,000 shares
Direct Restricted Stock position after reported transactions
Shares per 2026 trust
100,000 shares
Common Stock held by each of three 2026 grandchildren trusts
Key Terms
bona fide gift, pecuniary interest, investment control, Restricted Stock, +1 more
5 terms
bona fide gift financial
"Represents a bona fide gift of 100,000 shares by the reporting person"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
pecuniary interest financial
"The reporting person has no pecuniary interest or investment control over these shares"
investment control financial
"The reporting person has no pecuniary interest or investment control over these shares"
Restricted Stock financial
""security_title": "Restricted Stock""
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
trust financial
"shares are held of record by the George Meehan 2026 Trust"
A trust is a legal setup in which one party (the trustee) holds and manages assets—like cash, stocks or property—on behalf of other people (beneficiaries) according to instructions from the person who created it (the grantor). Think of it as a locked box with a keyholder who must follow written rules; for investors it matters because trusts influence who controls and benefits from assets, affect taxes and succession, and can change how quickly or transparently shares are bought, sold or voted.
FAQ
What insider transaction did GEO Group (GEO) report for George C. Zoley?
GEO Group reported that George C. Zoley made three bona fide gifts of Common Stock. He transferred 100,000 shares in each gift, totaling 300,000 shares, to separate trusts created for his grandchildren, with no sale proceeds or market transaction involved.
What are George C. Zoley’s GEO Group (GEO) holdings after the reported gifts?
Following the reported gifts, George C. Zoley directly holds 3,902,529 shares of GEO Group Common Stock and 250,000 shares of Restricted Stock. These figures reflect his remaining direct equity position after transferring 300,000 Common Stock shares to family trusts.
Does the Form 4 for GEO Group (GEO) indicate any market sale by George C. Zoley?
The Form 4 shows bona fide gifts coded as “G,” not market sales. Zoley transferred 300,000 shares of GEO Group Common Stock to family trusts without consideration, so the filing does not report any open-market buying or selling activity by him.