Gulfport Energy (GPOR) EVP & COO awarded shares, withholds stock for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gulfport Energy EVP & COO Matthew Rucker reported equity compensation and related tax-withholding transactions in company common stock. On March 1, he received a grant of 3,834 shares of restricted stock under the 2021 Stock Incentive Plan, which will vest in three approximately equal annual installments beginning on March 1, 2027. On March 1 and March 3, a total of 2,280 shares were withheld and disposed of to cover tax liabilities upon settlement of restricted stock units, at prices of about $208.66 and $209.13 per share. After these transactions, he directly owned 14,447 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Rucker Matthew
Role
EVP & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 966 | $209.13 | $202K |
| Grant/Award | Common Stock | 3,834 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,314 | $208.66 | $274K |
Holdings After Transaction:
Common Stock — 14,447 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 insider transactions did GPOR executive Matthew Rucker report on this Form 4?
Matthew Rucker reported a grant of 3,834 shares of restricted common stock and two tax-withholding dispositions totaling 2,280 shares. These transactions reflect routine equity compensation and related tax settlements, not open-market purchases or sales of Gulfport Energy common stock.
What were the tax-withholding dispositions reported by GPOR’s EVP & COO?
The filing shows two tax-withholding dispositions totaling 2,280 shares of Gulfport Energy common stock. The shares were withheld upon settlement of previously granted restricted stock units at prices of about $208.66 and $209.13 per share to satisfy tax obligations.
Were Matthew Rucker’s Gulfport Energy transactions open-market buys or sells?
No open-market buys or sells were reported. The Form 4 shows an equity grant coded “A” and two “F” code transactions, which are tax-withholding dispositions where shares are delivered to cover tax liabilities on vested restricted stock units.