GEO Group (GEO) executive surrenders shares to cover restricted stock taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GEO Group Inc executive Donald E. Houston reported a tax-related share disposition and an update to his restricted stock holdings. On March 2, he surrendered 780 shares of common stock at $15.29 per share to cover tax withholding from the March 1 vesting of 3,202 restricted shares. After this, he directly owned 4,843 common shares and 53,403 restricted shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Houston Donald E.
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 780 | $15.29 | $12K |
| holding | Restricted Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 4,843 shares (Direct);
Restricted Stock — 53,403 shares (Direct)
Footnotes (1)
- The amount of shares has been adjusted to reflect the March 1, 2026 vesting of 3,202 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) executive Donald E. Houston report in this Form 4?
Donald E. Houston reported a tax-related share disposition and updated restricted stock holdings. He surrendered 780 common shares to satisfy tax withholding from restricted stock vesting and now directly owns 4,843 common shares and 53,403 restricted shares in GEO Group Inc.
What restricted stock vesting did GEO (GEO) disclose for Donald E. Houston?
The filing notes that Donald E. Houston’s holdings were adjusted for the March 1, 2026 vesting of 3,202 restricted shares. Following this vesting and related tax withholding, his directly held restricted stock position increased to a total of 53,403 restricted shares in GEO Group Inc.
Was Donald E. Houston’s GEO (GEO) transaction an open-market sale?
No, the transaction was not an open-market sale. The 780 GEO common shares were surrendered to satisfy Donald E. Houston’s tax withholding obligation on newly vested restricted stock, a common administrative step when equity awards vest and create taxable income.
What type of transaction code appears in Donald E. Houston’s GEO (GEO) Form 4?
The Form 4 shows transaction code F for the common stock entry. This code indicates a tax-withholding disposition, where shares are delivered to cover exercise price or tax liability, rather than a discretionary buy or sell in the open market by the reporting person.