GEO executive surrenders shares for tax withholding

GEO Group Inc. executive Scott A. Schipma reported a tax-related share disposition and restricted stock vesting.

Accepted by SEC EDGAR 03/04/2026 - 05:14 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

GEO Group Inc. executive Scott A. Schipma reported a tax-related share disposition and restricted stock vesting. On March 2, 2026, 3,740 shares of common stock were disposed of at $15.29 per share to satisfy tax withholding obligations tied to restricted stock vesting.

A footnote states the amounts were adjusted for the March 1, 2026 vesting of 15,356 shares of restricted stock. After these events, Schipma directly owned 35,930 shares of common stock and 64,518 shares of restricted stock. The disposition was not an open-market sale but a surrender for taxes.

Insider Trade Summary

Exercise Price or Tax Liability: 3,740 shares

Exercise Price or Tax Liability 1 txn

Insider Schipma Scott A.

Role See Remarks

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	3,740	$15.29	$57K
Holding	Restricted Stock	--	--	--

Holdings After Transaction: Common Stock — 35,930 shares (Direct); Restricted Stock — 64,518 shares (Direct)

Holdings Before and After: Common Stock, 39,670 to 35,930 shares (Direct)

Footnotes (2)

1. F1. The amount of shares has been adjusted to reflect the March 1, 2026 vesting of 15,356 shares of restricted stock.
2. F2. These shares were surrendered in order to satisfy the Reporting Person's tax withholding obligation upon the vesting of the restricted stock.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did GEO (GEO) report for Scott A. Schipma?

GEO Group reported that Scott A. Schipma surrendered common shares to cover tax withholding on restricted stock vesting. The filing describes a tax-withholding disposition rather than an open-market sale, tied to recently vested restricted stock awards.

How many GEO common shares did Scott A. Schipma dispose of and at what price?

Scott A. Schipma disposed of 3,740 GEO common shares at a reported price of $15.29 per share. The filing classifies this as a tax-withholding disposition connected to restricted stock vesting rather than a discretionary market transaction.

Why were Scott A. Schipma’s GEO shares surrendered in this Form 4 filing?

The shares were surrendered to satisfy Scott A. Schipma’s tax withholding obligations upon the vesting of restricted stock. A footnote explains that the surrendered shares covered the tax liability created when the restricted stock vested.

How many GEO common shares does Scott A. Schipma own after this transaction?

After the reported tax-withholding disposition, Scott A. Schipma directly owns 35,930 shares of GEO Group common stock. This figure reflects the adjustment for surrendered shares associated with the restricted stock vesting event.

What restricted stock vesting is disclosed for Scott A. Schipma in GEO’s Form 4?

The filing notes that share amounts were adjusted for the March 1, 2026 vesting of 15,356 restricted stock shares. Following this vesting, Scott A. Schipma held 64,518 shares of restricted stock directly, according to the reported holdings.

Was Scott A. Schipma’s GEO share disposition an open-market sale?

No, the disposition was not an open-market sale. The Form 4 and footnotes state the 3,740 common shares were surrendered to satisfy tax withholding obligations from restricted stock vesting, classifying it as a tax-withholding disposition.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Schipma Scott A.

(Last) (First) (Middle)

4955 TECHNOLOGY WAY

(Street)

BOCA RATON FL 33431-3367

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
GEO GROUP INC [ GEO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/02/2026		F		3,740(2)	D	$15.29	35,930(1)	D
Restricted Stock								64,518(1)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The amount of shares has been adjusted to reflect the March 1, 2026 vesting of 15,356 shares of restricted stock.

2. These shares were surrendered in order to satisfy the Reporting Person's tax withholding obligation upon the vesting of the restricted stock.

Remarks:

Senior Vice President, General Counsel

	/s/ Scott A. Schipma	03/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.