Gulfport Energy (GPOR) director granted 1,028 restricted shares tied to Silver Point
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Silver Point Capital L.P. reported acquisition or exercise transactions in this Form 4 filing.
Gulfport Energy Corp. reported updated insider holdings and a new equity award linked to Silver Point Capital. As of May 28, 2026, one reporting line shows 2,605,729 shares of common stock held directly. In addition, 1,028 time based restricted shares were granted to director and Silver Point employee David Reganato under the 2021 Stock Incentive Plan, vesting in a single installment on May 28, 2027. Reganato holds these shares for the benefit of Silver Point and certain affiliates, and he, Silver Point, its general partner and Messrs. Mule and O’Shea each disclaim beneficial ownership except to the extent of any pecuniary interest. The award is reported as exempt from Section 16(b) under Rule 16b‑3.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Silver Point Capital L.P., MULE EDWARD A, O'Shea Robert J
Role
null | null | null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,028 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,028 shares (Indirect, See footnote);
Common Stock — 2,605,729 shares (Direct, null)
Footnotes (1)
- Represents a grant of 1,028 time based restricted shares to David Reganato, a director of the issuer and employee of Silver Point Capital, L.P. ("Silver Point"), that was awarded pursuant to the Issuer's 2021 Stock Incentive Plan. These restricted shares will vest in one installment on May 28, 2027. Mr. Reganato has an understanding with Silver Point pursuant to which he holds such restricted shares for the benefit of Silver Point and certain of its affiliates. Accordingly, Mr. Reganato disclaims beneficial ownership of the restricted shares except to the extent of his pecuniary interest therein. This transaction is exempt from Section 16(b) of the Securities Exchange Act of 1934 pursuant to Rule 16b-3 thereunder. 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.
Key Figures
Restricted share grant: 1,028 shares
Vesting date: May 28, 2027
Direct common shares held: 2,605,729 shares
3 metrics
Restricted share grant
1,028 shares
Time based restricted shares granted to director Reganato
Vesting date
May 28, 2027
Restricted shares vest in a single installment
Direct common shares held
2,605,729 shares
Common stock shown as held directly as of May 28, 2026
Key Terms
time based restricted shares, 2021 Stock Incentive Plan, beneficial owner, Section 16(b) of the Securities Exchange Act of 1934, +1 more
5 terms
2021 Stock Incentive Plan financial
"that was awarded pursuant to the Issuer's 2021 Stock Incentive Plan"
beneficial owner financial
"may be deemed to be the beneficial owner of all of the reported securities"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
Section 16(b) of the Securities Exchange Act of 1934 regulatory
"This transaction is exempt from Section 16(b) of the Securities Exchange Act of 1934"
Rule 16b-3 regulatory
"pursuant to Rule 16b-3 thereunder"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
FAQ
What insider equity award was reported for Gulfport Energy (GPOR)?
The filing shows a grant of 1,028 time based restricted shares to director David Reganato. The award was made under Gulfport Energy’s 2021 Stock Incentive Plan and is reported as exempt from Section 16(b) under Rule 16b-3.
How are Silver Point Capital and its affiliates involved in Gulfport Energy (GPOR) holdings?
Silver Point or its subsidiaries act as investment managers for several Silver Point funds that hold Gulfport Energy securities. Silver Point and its general partner may be deemed beneficial owners of these holdings, subject to footnote disclaimers limiting ownership to pecuniary interests.
What disclaimers of beneficial ownership are made in the Gulfport Energy (GPOR) Form 4?
The filing states that David Reganato, Silver Point, its general partner, and Messrs. Mule and O’Shea disclaim beneficial ownership of the reported securities held by the funds, except to the extent of their respective pecuniary interests in those securities.