Gulfport Energy (GPOR) director granted 1,028 restricted shares in award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Powers Jean Marie reported acquisition or exercise transactions in this Form 4 filing.
Gulfport Energy director Jean Marie Powers received an award of 1,028 shares of common stock as compensation. The award is structured as restricted stock granted under the company’s 2021 Stock Incentive Plan and carries no purchase price.
The restricted shares will vest in a single installment beginning on May 28, 2027, aligning the director’s incentives with longer-term company performance. Following this grant, Powers directly holds a total of 4,129 Gulfport Energy common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Powers Jean Marie
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,028 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 4,129 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock granted: 1,028 shares
Grant price per share: $0.00 per share
Shares after transaction: 4,129 shares
+1 more
4 metrics
Restricted stock granted
1,028 shares
Common Stock award on May 28, 2026
Grant price per share
$0.00 per share
Restricted stock award consideration
Shares after transaction
4,129 shares
Total direct common shares following grant
Vesting date
May 28, 2027
Restricted stock vests in one installment
Key Terms
restricted stock, 2021 Stock Incentive Plan, vest, Form 4
4 terms
restricted stock financial
"Amount represents the number of shares of restricted stock granted under the 2021 Stock Incentive Plan."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
2021 Stock Incentive Plan financial
"shares of restricted stock granted under the 2021 Stock Incentive Plan."
vest financial
"The shares will vest in one installment beginning on May 28, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Form 4 regulatory
"Jean Marie Powers reported this transaction on a Form 4 insider filing."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Gulfport Energy (GPOR) director Jean Marie Powers report in this Form 4?
Jean Marie Powers reported receiving 1,028 shares of Gulfport Energy common stock as a restricted stock award. The grant was made at no cost under the 2021 Stock Incentive Plan and increased her direct holdings to 4,129 shares following the transaction.
Is the Jean Marie Powers Form 4 transaction for GPOR a purchase or a grant?
The filing shows a grant, not an open-market purchase, coded as an acquisition of 1,028 restricted shares. These were awarded as compensation under Gulfport Energy’s 2021 Stock Incentive Plan, with no cash paid per share and future vesting conditions attached.
What is the transaction code used in Jean Marie Powers’ Form 4 for GPOR?
The transaction is coded “A” on the Form 4, which indicates a grant, award, or other acquisition. In this case it reflects a restricted stock award of 1,028 shares under Gulfport Energy’s 2021 Stock Incentive Plan rather than an open-market buy or sale.