GEO (GEO) executive surrenders 812 shares to cover tax on vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GEO Group executive Daniel H. Ragsdale reported a tax-related share disposition tied to restricted stock vesting. On March 6, 2026, 812 shares of common stock were surrendered at $14.35 per share to cover tax withholding when restricted stock vested. After this non‑market event, he directly holds 31,564.142 shares of common stock and 54,439 shares of restricted stock, reflecting the vesting of 3,333 restricted shares from a March 3, 2025 grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ragsdale Daniel H.
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 812 | $14.35 | $12K |
| holding | Restricted Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 31,564.142 shares (Direct);
Restricted Stock — 54,439 shares (Direct)
Footnotes (1)
- These shares were surrendered in order to satisfy the Reporting Person's tax withholding obligation upon the vesting of the restricted stock. 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.) executive Daniel H. Ragsdale report in this Form 4?
Daniel H. Ragsdale reported a tax-related disposition of GEO Group common shares linked to restricted stock vesting. He surrendered 812 common shares to satisfy withholding taxes when 3,333 restricted shares from a prior grant vested on March 6, 2026.
What happened to Daniel H. Ragsdale’s restricted stock in GEO on March 6, 2026?
On March 6, 2026, 3,333 restricted shares granted March 3, 2025 vested for Daniel H. Ragsdale. Following this vesting, his restricted stock holdings total 54,439 shares, adjusted for the newly vested portion of the time-based restricted stock award.
Does this GEO insider transaction indicate a change in investment sentiment by the executive?
The transaction appears administrative rather than sentiment-driven. Shares were surrendered solely to satisfy tax withholding obligations on vesting restricted stock, a common compensation mechanism, rather than a discretionary decision to buy or sell GEO Group shares in the open market.