GEO Group (NYSE: GEO) officer surrenders shares to cover tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GEO Group officer Ronald A. Brack reported a tax-related share disposition. On March 2, 2026, he surrendered 3,123 shares of common stock at $15.29 per share to cover tax withholding triggered by restricted stock vesting.
The footnotes state this followed the March 1, 2026 vesting of 12,818 restricted shares. After these transactions, he directly held 94,203 shares of common stock and 20,516 shares of restricted stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Brack Ronald A.
Role
See remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,123 | $15.29 | $48K |
| holding | Restricted Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 94,203 shares (Direct);
Restricted Stock — 20,516 shares (Direct)
Footnotes (1)
- The amount of shares has been adjusted to reflect the March 1, 2026 vesting of 12,818 shares of restricted stock. These shares were surrendered in order to satisfy the Reporting Person's tax withholding obligation upon the vesting of the restricted stock.
FAQ
What did GEO (GEO) insider Ronald A. Brack report in this Form 4?
Ronald A. Brack reported a tax-withholding disposition of GEO Group common stock. He surrendered shares to cover taxes owed after restricted stock vested, rather than making an open-market sale, and updated his remaining common and restricted share holdings.
Was Ronald A. Brack’s GEO (GEO) Form 4 transaction an open-market sale?
No, the Form 4 describes a tax-withholding disposition, not an open-market sale. Shares were surrendered back to satisfy his tax obligations from restricted stock vesting, rather than being sold to public market buyers for discretionary portfolio reasons.