[Form 4] Gulfport Energy Corporation Insider Trading Activity

Rhea-AI Filing Summary

Gulfport Energy (GPOR) insiders filed a Form 4 reporting a conversion and related share changes dated 09/04/2025. Silver Point Capital L.P. and related reporting persons recorded the conversion of Series A Convertible Preferred Stock, with 23,743 preferred shares referenced and 1,741,150 common shares acquired in the transaction. After the reported transactions, the group beneficially owned 3,739,920 common shares. An additional 770 common shares are reported as held indirectly. The filing lists Silver Point Capital L.P., Silver Point Capital Management, LLC, Edward A. Mule and Robert J. O'Shea as reporting persons and includes standard disclaimers that the entities disclaim beneficial ownership except to the extent of pecuniary interest.

Positive

• Significant equity alignment: Conversion increased common holdings by 1,741,150 shares, signaling a larger common-equity stake by the reporting group
• Transparent disclosure: Form 4 lists reporting persons, conversion details, and includes standard disclaimers and authorized signatures

Negative

• No price disclosed: The filing does not state any cash price or proceeds associated with the transactions
• Limited detail on conversion terms: The filing references conversion mechanics but does not provide the conversion ratio or definitive documentation text

Insights

Securities Analyst

TL;DR: A sizable conversion of preferred stock into common shares increased the reporting group's common holdings by 1.74M shares.

The filing documents a conversion-related acquisition on 09/04/2025 whereby Series A Convertible Preferred Stock (23,743 shares referenced) was converted, resulting in the reported acquisition of 1,741,150 common shares and a post-transaction beneficial position of 3,739,920 common shares by the reporting group. The filing names Silver Point entities and two individuals as reporting persons and repeats customary disclaimers about beneficial ownership. This is a material disclosure of insider ownership changes but contains no pricing information or trading intent beyond the conversion mechanics.

Corporate Governance Expert

TL;DR: The Form 4 discloses director-level ownership shifts through conversion; governance disclosures and disclaimers are standard.

The report shows that directors and 10% owners affiliated with Silver Point effected or recorded a conversion of preferred securities into common stock on 09/04/2025, increasing the group's common share count. The filing identifies the reporting parties and includes the typical management/beneficial-ownership disclaimers and an authorized signature dated 09/08/2025. No departures, grants, or compensatory option exercises are reported; the change appears to be driven by convertible-preferred mechanics rather than open-market purchases or sales.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Silver Point Capital L.P.

(Last) (First) (Middle)

TWO GREENWICH PLAZA, SUITE 1

(Street)

GREENWICH CT 06830

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
GULFPORT ENERGY CORP [ GPOR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/04/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/04/2025		C		1,741,150	A	(1)	3,739,920	D(2)(3)
Common Stock								770	I	See footnote(4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Series A Convertible Preferred Stock	(1)	09/04/2025		C			23,743	(5)	(5)	Common Stock	1,741,150	$0	0	D(2)(3)

1. Name and Address of Reporting Person^*

Silver Point Capital L.P.

(Last) (First) (Middle)

TWO GREENWICH PLAZA, SUITE 1

(Street)

GREENWICH CT 06830

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

MULE EDWARD A

(Last) (First) (Middle)

TWO GREENWICH PLAZA, SUITE 1

(Street)

GREENWICH CT 06830

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

O'Shea Robert J

(Last) (First) (Middle)

TWO GREENWICH PLAZA, SUITE 1

(Street)

GREENWICH CT 06830

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

Explanation of Responses:

1. Each share of the Issuer's Series A Convertible Preferred Stock (the "Preferred Stock") was converted into a number of shares of the Issuer's common stock as described in the definitive documentation governing the Preferred Stock.

2. Silver Point Capital, L.P. ("Silver Point") or its wholly owned subsidiaries are the investment managers of Silver Point Capital Fund, L.P., Silver Point Capital Offshore Master Fund, L.P., Silver Point Distressed Opportunities Fund, L.P., Silver Point Distressed Opportunities Offshore Master Fund, L.P., Silver Point Distressed Opportunity Institutional Partners, L.P. and Silver Point Distressed Opportunity Institutional Partners Master Fund (Offshore), L.P. (the "Funds") and, by reason of such status, may be deemed to be the beneficial owner of all of the reported securities held by the Funds. Silver Point Capital Management, LLC ("Management") is the general partner of Silver Point and as a result may be deemed to be the beneficial owner of all securities held by the Funds.

3. Messrs. Edward A. Mule and Robert J. O'Shea are each members of Management and as a result may be deemed to be the beneficial owner of all of the securities held by the Funds. Silver Point, Management and Messrs. Mule and O'Shea disclaim beneficial ownership of the reported securities held by Funds except to the extent of their pecuniary interests.

4. Represents shares held by David Reganato, a director of the Issuer and employee of Silver Point. Mr. Reganato has an understanding with Silver Point pursuant to which he holds shares for the benefit of Silver Point and certain of tis affiliates. Accordingly, Mr. Reganato disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein.

5. Each holder of shares of the Issuer's Preferred Stock has the right, at its option and at any time, to convert all or a portion of the shares of Preferred Stock that it holds into shares of the Issuer's common stock as described in the definitive documentation governing the Preferred Stock.

	/s/ Steven Weiser, Authorized Signatory on behalf of Silver Point Capital, L.P.	09/08/2025
	/s/ Steven Weiser (as attorney-in-fact on behalf of Edward A. Mule, individually)	09/08/2025
	/s/ Steven Weiser (as attorney-in fact on behalf of Robert J. O'Shea, individually)	09/08/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What did the Form 4 filed for GPOR on 09/04/2025 report?

The Form 4 reports conversion-related activity where 23,743 Series A convertible preferred shares are referenced and the reporting group acquired 1,741,150 common shares, resulting in a post-transaction beneficial ownership of 3,739,920 common shares.

Who filed the Form 4 for GPOR?

The filing lists Silver Point Capital L.P., Silver Point Capital Management, LLC, and individuals Edward A. Mule and Robert J. O'Shea as reporting persons; signatures were provided by an authorized signatory.

Does the Form 4 show any indirect holdings related to GPOR?

Yes. The filing reports 770 common shares as held indirectly and explains that certain shares are held by a director, David Reganato, for the benefit of Silver Point and affiliates.

Were any sales or open-market purchases reported in this Form 4 for GPOR?

No. The reported transactions are conversions of Series A convertible preferred stock into common stock; there are no open-market purchases or sales listed.

When were the transaction and signature dates on the GPOR Form 4?

The transaction date is listed as 09/04/2025 and the filing includes authorized signatures dated 09/08/2025.