GEO Insider Sales: Zoley Disposes 75,000 Shares for Estate Planning
Rhea-AI Filing Summary
George C. Zoley, Executive Chairman and Director of The GEO Group, Inc. (GEO), reported a series of open-market sales of common stock conducted for estate planning purposes. On 08/18/2025, 08/19/2025 and 08/20/2025 the reporting person sold 25,000 shares on each date, with weighted-average prices reported as $21.037, $21.663 and $21.367 respectively. After those transactions the filing shows beneficially owned common shares declining from 4,107,853 to 4,057,853. The filing also discloses disposition of 50,000 restricted shares and indirect holdings of 52,400 and 52,450 shares held in two trusts for a child; the reporter states no pecuniary interest or control over the trust-held shares.
Positive
- Transparent disclosure of dates, volumes and weighted-average prices for insider sales
- Clear statement that certain trust-held shares are not under the reporting person’s investment control
Negative
- None.
Insights
TL;DR: Insider sales totaling 75,000 shares were executed over three days and characterized as estate planning; ownership remains material.
The reported transactions consist of three separate open-market sales of 25,000 shares each on consecutive dates with weighted-average prices disclosed by date. The filer reduced direct beneficial ownership from 4,107,853 to 4,057,853 shares. The filing includes a disclosure that the transactions were made for estate planning purposes and provides weighted-average price ranges for the component trades. These are routine Section 16 disclosures identifying timing, volumes and prices; they do not include forward-looking statements or changes to executive roles.
TL;DR: Transactions appear administrative (estate planning) with continued indirect trust holdings disclosed and no reported control by the reporting person over trust shares.
The form clarifies that two trusts hold 52,400 and 52,450 shares for the reporting person's child and that the reporting person ‘‘has no pecuniary interest or investment control over these shares.’’ The signature is by an attorney-in-fact, indicating the filing was executed by power of attorney. No officer/title changes, new grants, or material corporate actions are disclosed in this filing.