Gulfport Energy (GPOR) officer reports stock grant and tax-withheld shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gulfport Energy Corp officer Patrick K. Craine reported equity compensation and related tax-withholding transactions in common stock. He acquired 2,972 shares on March 1, 2026 as a grant under the 2021 Stock Incentive Plan, with these restricted shares scheduled to vest in three approximately equal annual installments beginning on March 1, 2027. To cover tax obligations on vested restricted stock units, 1,179 shares were withheld on March 1, 2026 and 1,073 shares were withheld on March 3, 2026, both described as tax-withholding dispositions rather than open-market sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Craine Patrick K.
Role
CLAO and Corp Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,073 | $209.13 | $224K |
| Grant/Award | Common Stock | 2,972 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,179 | $208.66 | $246K |
Holdings After Transaction:
Common Stock — 13,060 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) report in this Form 4 for Patrick K. Craine?
The Form 4 shows Patrick K. Craine received a 2,972-share restricted stock grant and had two tax-withholding dispositions totaling 2,252 shares. These relate to equity compensation and associated tax obligations, not open-market stock purchases or sales.
Were the Gulfport Energy (GPOR) Form 4 transactions open-market sales by Patrick K. Craine?
The reported dispositions were tax-withholding transactions, not open-market sales. A total of 1,179 shares on March 1, 2026 and 1,073 shares on March 3, 2026 were withheld by Gulfport Energy to satisfy tax obligations on vested restricted stock units.
What does the tax-withholding disposition code "F" mean in the Gulfport Energy (GPOR) Form 4?
Transaction code "F" indicates payment of an exercise price or tax liability by delivering securities. In this filing, it reflects Gulfport Energy withholding shares from Patrick K. Craine’s vested restricted stock units to cover tax withholding obligations upon settlement.
How is Patrick K. Craine’s ownership in Gulfport Energy (GPOR) affected by these Form 4 transactions?
The filing shows a 2,972-share grant increasing his holdings and tax-withholding dispositions of 2,252 shares reducing them. Each transaction line reports updated totals following the transaction, reflecting the net effect of compensation awards and related tax settlements over those dates.
What role does Patrick K. Craine hold at Gulfport Energy (GPOR) in this Form 4?
Patrick K. Craine is identified as an officer of Gulfport Energy, serving as Chief Legal and Administrative Officer (CLAO) and Corporate Secretary. The reported equity transactions relate to his compensation under the company’s equity incentive arrangements.