Gulfport CEO receives 11,502-share stock grant
Gulfport Energy Corporation’s President & CEO John K. Reinhart reported equity compensation activity involving common stock.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,502 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 4,335 | $208.66 | $905K |
Footnotes (2)
- F1. 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.
- F2. 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.
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