Gulfport Energy (GPOR) CEO granted 22,749 restricted shares under 2021 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DELL'OSSO DOMENIC J JR reported acquisition or exercise transactions in this Form 4 filing.
Gulfport Energy Corp reported that President and CEO Domenic J. Dell'Osso Jr. received a grant of 22,749 shares of common stock as a compensation award. The shares were granted at no cash cost to him and are structured as restricted stock under the company’s 2021 Stock Incentive Plan.
These 22,749 restricted shares will vest in three approximately equal annual installments beginning on May 28, 2027. After this grant, Dell'Osso directly holds 22,749 shares of Gulfport Energy common stock, reflecting a standard, time-based equity incentive designed to align leadership with shareholder interests over multiple years.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DELL'OSSO DOMENIC J JR
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 22,749 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 22,749 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock grant: 22,749 shares
Grant price: $0.00 per share
Shares after transaction: 22,749 shares
+2 more
5 metrics
Restricted stock grant
22,749 shares
Common Stock award to CEO on May 28, 2026
Grant price
$0.00 per share
Reported transaction price for restricted stock grant
Shares after transaction
22,749 shares
Total common shares directly held by CEO post‑grant
Vesting start date
May 28, 2027
First of three approximately equal annual vesting installments
Vesting schedule
3 annual installments
Restricted shares vest in three approximately equal tranches
Key Terms
restricted stock, 2021 Stock Incentive Plan, vest
3 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 three approximately equal annual installments 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.
FAQ
What did Gulfport Energy (GPOR) CEO Domenic Dell'Osso report in this Form 4?
Gulfport Energy’s CEO Domenic J. Dell'Osso Jr. reported receiving 22,749 shares of restricted common stock. The award is part of his equity compensation and was granted at no cash cost, increasing his directly held shares to 22,749 after the transaction.
What is the 2021 Stock Incentive Plan mentioned in the Gulfport Energy Form 4?
The 2021 Stock Incentive Plan is Gulfport Energy’s equity compensation program under which the CEO’s 22,749 restricted shares were granted. It provides stock‑based awards to executives and employees, aligning compensation with company performance through share ownership and vesting conditions.
Is the Gulfport Energy (GPOR) CEO’s Form 4 transaction a market buy or sell?
The reported transaction is not a market buy or sell. It is a Form 4 “A” code grant, meaning the CEO acquired 22,749 restricted shares as a compensation award, with no cash paid and future vesting requirements rather than an open‑market trade.