GEO Group (NYSE: GEO) director receives 10,246-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
The GEO Group director Lindsay L. Koren received a grant of 10,246 shares of restricted stock on March 6, 2026. This award is compensation, not an open-market purchase, and carries no cash exercise price.
The restricted stock vests in equal 25% installments on each of the four anniversaries following the grant date. After this grant and the March 3, 2026 vesting of 1,429 restricted shares noted in the footnotes, Koren directly holds 30,353 restricted shares and 11,662 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Koren Lindsay L.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock | 10,246 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock — 30,353 shares (Direct);
Common Stock — 11,662 shares (Direct)
Footnotes (1)
- The grant of restricted stock of The GEO Group, Inc. vests in equal annual increments of 25% on each of the four anniversary dates immediately following the grant date. The amount of shares has been adjusted to reflect the March 3, 2026 vesting of 1,429 shares of restricted stock.
FAQ
What insider transaction did GEO (GEO) director Lindsay L. Koren report?
Lindsay L. Koren reported receiving a grant of 10,246 restricted GEO Group shares as equity compensation. The award carries no cash purchase price and is structured as restricted stock, aligning the director’s interests with shareholders through long-term share-based incentives rather than open-market buying.
Was the GEO (GEO) restricted stock grant to Lindsay L. Koren an open-market purchase?
No, the transaction was a grant of 10,246 restricted shares at a stated price of $0.00 per share. It represents equity compensation rather than an open-market purchase, so it does not indicate discretionary buying activity but instead reflects standard director compensation practices.
What do the Form 4 footnotes for GEO (GEO) explain about this grant?
The footnotes explain that the restricted shares vest 25% per year over four years and that reported amounts reflect the March 3, 2026 vesting of 1,429 restricted shares. This clarifies both the award’s long-term vesting structure and the adjustment to Koren’s previously reported holdings.