Silver Point funds sell 844K Gulfport Energy shares
Silver Point Capital L.P. and affiliated funds reported significant insider sales of Gulfport Energy common stock.
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
| 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 | -- | -- | -- |
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. 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
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What insider activity did Silver Point Capital report for Gulfport Energy (GPOR)?
What do the footnotes say about beneficial ownership for Silver Point and its principals?
Who is David Reganato in relation to Gulfport Energy and Silver Point Capital?
AI-generated analysis. How Rhea-AI works. Not financial advice.