GEO Group (GEO) officer surrenders 2,895 shares to cover tax withholding
Rhea-AI Filing Summary
GEO GROUP INC officer Paul M. Laird reported a tax-related share disposition and updated equity holdings. On the vesting of 11,882 shares of restricted stock effective March 1, 2026, he surrendered 2,895 shares of common stock at $15.29 per share to satisfy tax withholding obligations. After this tax-withholding disposition, he directly held 20,810 shares of common stock and 66,521 shares of restricted stock.
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Insider Trade Summary
Net Seller: 2,895 shares
Net Sell
2 txns
Insider
Laird Paul M.
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,895 | $15.29 | $44K |
| holding | Restricted Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 20,810 shares (Direct);
Restricted Stock — 66,521 shares (Direct)
Footnotes (2)
- F1. The amount of shares has been adjusted to reflect the March 1, 2026 vesting of 11,882 shares of restricted stock.
- F2. These shares were surrendered in order to satisfy the Reporting Person's tax withholding obligation upon the vesting of the restricted stock.
FAQ
What insider transaction did GEO (GEO) report for Paul M. Laird?
GEO reported that officer Paul M. Laird surrendered 2,895 shares of common stock at $15.29 per share. This was a tax-withholding disposition connected to the vesting of restricted stock, rather than an open-market sale of shares.
What triggered the GEO (GEO) tax-withholding disposition for Paul M. Laird?
The disposition was triggered by the March 1, 2026 vesting of 11,882 shares of restricted stock. To cover the resulting tax withholding obligation, 2,895 shares of common stock were surrendered, as explained in the Form 4 footnotes.
What does transaction code F mean in the GEO (GEO) Form 4 filing?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this GEO Form 4, it shows that 2,895 common shares were surrendered to satisfy Paul M. Laird’s tax withholding obligation upon restricted stock vesting.
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