GEO Group (NYSE: GEO) officer surrenders shares to cover restricted stock taxes
Rhea-AI Filing Summary
GEO Group Inc. officer Donald E. Houston reported a routine tax-related share disposition tied to restricted stock vesting. On the event date, 812 shares of common stock were surrendered at $14.35 per share to satisfy tax withholding obligations, rather than sold on the open market. Following this, he directly held 7,364 shares of common stock and 50,070 shares of restricted stock, reflecting the March 6, 2026 vesting of 3,333 time-based restricted shares granted March 3, 2025.
Positive
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Negative
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Insights
Routine tax withholding on vested restricted stock; no open-market selling.
The filing shows an officer of GEO Group Inc. surrendered 812 common shares at $14.35 per share to cover tax obligations from restricted stock vesting. This F-code transaction is a payment mechanism, not a discretionary market sale.
After the transaction, he held 7,364 common shares and 50,070 restricted shares, including 3,333 time-based restricted shares that vested on March 6, 2026. With no derivative positions reported and no open-market trades, this appears to be standard compensation and tax treatment rather than a change in sentiment.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 812 | $14.35 | $12K |
| holding | Restricted Stock | -- | -- | -- |
Footnotes (2)
- F1. These shares were surrendered in order to satisfy the Reporting Person's tax withholding obligation upon the vesting of the restricted stock.
- F2. The amount of shares has been adjusted to reflect the March 6, 2026 vesting of 3,333 shares of restricted stock granted March 3, 2025 which represents one-third of the time-based restricted stock.
FAQ
What did GEO (GEO Group Inc.) insider Donald E. Houston report in this Form 4?
What caused the tax-withholding disposition reported by GEO insider Donald E. Houston?
Does this GEO Form 4 show any option exercises or derivative transactions?
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