Silver Point funds trim Gulfport Energy (GPOR) stake with 844K-share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Silver Point Capital L.P. and affiliated funds reported significant insider sales of Gulfport Energy common stock. They executed open-market sales totaling 844,156 shares at a price of $204.22 per share on March 2–3, 2026.
Following these transactions, they report holding 2,605,729 Gulfport Energy shares directly and 770 shares indirectly. Footnotes state that Silver Point and its general partner may be deemed beneficial owners of securities held by their funds, while principals Edward A. Mule and Robert J. O'Shea, as well as director David Reganato, disclaim beneficial ownership except for their pecuniary interests.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 844,156 shares ($172,393,538)
Net Sell
3 txns
Insider
Silver Point Capital L.P., MULE EDWARD A, O'Shea Robert J
Role
Director, 10% Owner | Director, 10% Owner | Director, 10% Owner
Sold
844,156 shs ($172.39M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 84,416 | $204.22 | $17.24M |
| Sale | Common Stock | 759,740 | $204.22 | $155.15M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,605,729 shares (Direct);
Common Stock — 770 shares (Indirect, See footnote)
Footnotes (1)
- Silver Point Capital, L.P. ("Silver Point") or its wholly owned subsidiaries are the investment managers of Silver Point Capital Fund, L.P., Silver Point Capital Offshore Master Fund, L.P., Silver Point Distressed Opportunities Fund, L.P., Silver Point Distressed Opportunities Offshore Master Fund, L.P., Silver Point Distressed Opportunity Institutional Partners, L.P. and Silver Point Distressed Opportunity Institutional Partners Master Fund (Offshore), L.P. (the "Funds") and, by reason of such status, may be deemed to be the beneficial owner of all of the reported securities held by the Funds. Silver Point Capital Management, LLC ("Management") is the general partner of Silver Point and as a result may be deemed to be the beneficial owner of all securities held by the Funds. Messrs. Edward A. Mule and Robert J. O'Shea are each members of Management and as a result may be deemed to be the beneficial owner of all of the securities held by the Funds. Silver Point, Management and Messrs. Mule and O'Shea disclaim beneficial ownership of the reported securities held by Funds except to the extent of their pecuniary interests. Represents shares held by David Reganato, a director of the Issuer and employee of Silver Point. Mr. Reganato has an understanding with Silver Point pursuant to which he holds shares for the benefit of Silver Point and certain of its affiliates. Accordingly, Mr. Reganato disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein.
FAQ
What insider activity did Silver Point Capital report for Gulfport Energy (GPOR)?
Silver Point Capital and its affiliated funds reported insider sales of Gulfport Energy common stock totaling 844,156 shares. These were open-market transactions and reflect a reduction in the funds’ reported direct holdings, while still leaving a substantial remaining position in the company.
What do the footnotes say about beneficial ownership for Silver Point and its principals?
The footnotes state Silver Point or its subsidiaries are investment managers to several funds and may be deemed beneficial owners of securities those funds hold. Silver Point, its general partner, and principals Edward A. Mule and Robert J. O’Shea disclaim beneficial ownership except to the extent of their pecuniary interests.
Who is David Reganato in relation to Gulfport Energy and Silver Point Capital?
David Reganato is identified as a director of Gulfport Energy and an employee of Silver Point. Shares he holds are described as being for the benefit of Silver Point and certain affiliates, and he disclaims beneficial ownership of those shares except for any pecuniary interest he may have.