Gulfport Energy (GPOR) director awarded 1,028 restricted stock units, now holds 5,490 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wolf David D reported acquisition or exercise transactions in this Form 4 filing.
Gulfport Energy Corp director David D. Wolf received a grant of 1,028 shares of common stock as equity compensation. The shares are restricted stock awarded under the company’s 2021 Stock Incentive Plan and were granted at no cash cost to him.
The award will vest in a single installment beginning on May 28, 2027, meaning Wolf must remain eligible through that date to receive the full benefit. After this grant, he directly holds a total of 5,490 shares of Gulfport Energy common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wolf David D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,028 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 5,490 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock grant: 1,028 shares
Post-transaction holdings: 5,490 shares
Grant price: $0.00 per share
+1 more
4 metrics
Restricted stock grant
1,028 shares
Common Stock award to director on May 28, 2026
Post-transaction holdings
5,490 shares
Total common shares directly held after grant
Grant price
$0.00 per share
Equity compensation, no cash paid by director
Vesting date
May 28, 2027
Restricted shares vest in one installment beginning on this date
Key Terms
restricted stock, 2021 Stock Incentive Plan, vest, Form 4
4 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 one installment 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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Gulfport Energy (GPOR) director David D. Wolf report?
David D. Wolf reported receiving 1,028 shares of restricted Gulfport Energy common stock as an equity award. The grant is classified as a compensation-related acquisition, not an open-market purchase or sale, and was issued at no cash cost to the director.
What are the vesting terms of David D. Wolf’s restricted stock in Gulfport Energy (GPOR)?
The 1,028 restricted shares granted to David D. Wolf will vest in one installment beginning on May 28, 2027. Until vesting, the award remains subject to the conditions of Gulfport Energy’s 2021 Stock Incentive Plan, typically including continued service.
Was David D. Wolf’s Gulfport Energy (GPOR) Form 4 a market buy or sell?
The Form 4 reflects a compensation grant, not a market trade. The transaction code “A” indicates an award or other acquisition of 1,028 restricted shares, meaning Wolf did not buy these shares on the open market or sell any existing holdings.
Under which plan was the Gulfport Energy (GPOR) restricted stock granted to David D. Wolf?
The 1,028 restricted shares reported on the Form 4 were granted under Gulfport Energy’s 2021 Stock Incentive Plan. This plan is used to provide equity-based compensation, aligning directors’ interests with shareholders through stock awards subject to vesting.