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GEO Group (GEO) officer surrenders 777 shares to cover tax on stock vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

GEO Group Inc. executive Scott A. Schipma reported a tax-related share disposition and updated holdings. On March 3, 2026, he surrendered 777 shares of common stock at $15.06 per share to satisfy tax withholding tied to restricted stock vesting. Following this tax-withholding disposition, he directly holds 38,343 shares of common stock. His holdings of restricted stock were adjusted to reflect the March 3, 2026 vesting of 3,190 restricted shares, resulting in 61,328 restricted shares held directly.

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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)
03/03/2026
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 03/03/2026 F 777(2) D $15.06 38,343(1) D
Restricted Stock 61,328(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 3, 2026 vesting of 3,190 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 03/05/2026
** 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.

FAQ

What did Scott A. Schipma report in the latest GEO (GEO) Form 4 filing?

Scott A. Schipma reported a tax-withholding disposition of GEO Group common stock. On March 3, 2026, he surrendered 777 shares at $15.06 per share to cover taxes due upon the vesting of restricted stock awards.

How many GEO Group (GEO) shares did Scott A. Schipma surrender for taxes?

He surrendered 777 shares of GEO Group common stock. The shares were valued at $15.06 each and were given up specifically to satisfy his tax withholding obligation arising from the vesting of previously granted restricted stock.

How did the March 3, 2026 restricted stock vesting affect Schipma’s GEO (GEO) holdings?

The March 3, 2026 vesting of 3,190 restricted shares adjusted his reported restricted stock balance. After this vesting event, Scott A. Schipma directly holds 61,328 shares of restricted stock in GEO Group according to the Form 4 disclosure.

What are Scott A. Schipma’s GEO Group (GEO) common stock holdings after the Form 4 transaction?

After the tax-withholding disposition, Scott A. Schipma directly owns 38,343 shares of GEO Group common stock. This figure reflects his position following the surrender of 777 shares to meet tax obligations associated with restricted stock vesting.

Was the GEO (GEO) Form 4 transaction an open-market sale by Scott A. Schipma?

No, the Form 4 describes a tax-withholding disposition, not an open-market sale. The 777 shares of common stock were surrendered to satisfy Schipma’s tax withholding obligation tied to the vesting of restricted stock on March 3, 2026.

What type of equity awards does Scott A. Schipma hold in GEO Group (GEO)?

Scott A. Schipma holds both common stock and restricted stock. After the reported transactions, he directly owns 38,343 common shares and 61,328 restricted shares, reflecting the March 3, 2026 vesting of 3,190 restricted stock units.
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