Gulfport Energy (GPOR) CEO granted restricted shares, stock withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gulfport Energy Corporation’s President & CEO John K. Reinhart reported equity compensation activity involving common stock. He received a grant of 11,502 shares of restricted stock under the 2021 Stock Incentive Plan at a stated price of $0.0000 per share, described as a grant, award, or other acquisition.
According to the footnotes, these restricted shares will vest in three approximately equal annual installments beginning on March 1, 2027. On the same date, 4,335 shares of common stock were disposed of in a tax-withholding transaction at $208.66 per share to satisfy tax obligations upon settlement of previously granted restricted stock units. After these transactions, Reinhart directly owned 76,164 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
REINHART JOHN K.
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,502 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,335 | $208.66 | $905K |
Holdings After Transaction:
Common Stock — 80,499 shares (Direct)
Footnotes (1)
- Amount represents the number of shares of restricted stock granted under the 2021 Stock Incentive Plan. The shares will vest in three approximately equal annual installments beginning on March 1, 2027. These shares represent vested restricted stock units previously granted to the reporting person under the Issuer's equity incentive plan and were withheld by Gulfport Energy Corporation to satisfy tax withholding obligations due upon settlement of such restricted stock units.
FAQ
What did Gulfport Energy (GPOR) CEO John K. Reinhart report on this Form 4?
John K. Reinhart reported a grant of restricted common stock and a related tax-withholding share disposition. He was awarded 11,502 restricted shares and had 4,335 shares withheld to cover taxes on previously vested restricted stock units.
What do the transaction codes A and F mean in this Gulfport Energy (GPOR) Form 4?
Code A indicates a grant, award, or other acquisition of stock, here 11,502 restricted shares. Code F indicates a disposition to pay exercise price or taxes, here 4,335 shares withheld by Gulfport Energy to cover tax obligations on vested restricted stock units.