GeoPark (GPRK) director sells 100,000 shares at $8.829
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GeoPark Ltd director and 10% owner James Franklin Park reported an open-market sale of 100,000 common shares on April 20, 2026 at a weighted average price of $8.829 per share, with individual trades priced between $8.795 and $8.890. Following this sale, he holds 912,118 common shares directly, plus 7,305,133 shares indirectly through Goodrock LLC and 500,000 shares indirectly through Spark Resources LLC. The filing notes that he disclaims beneficial ownership of certain securities except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 100,000 shares ($882,900)
Net Sell
3 txns
Insider
PARK JAMES FRANKLIN
Role
null
Sold
100,000 shs ($883K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common shares, par value $0.001 per share | 100,000 | $8.829 | $883K |
| holding | Common shares, par value $0.001 per share | -- | -- | -- |
| holding | Common shares, par value $0.001 per share | -- | -- | -- |
Holdings After Transaction:
Common shares, par value $0.001 per share — 912,118 shares (Direct, null);
Common shares, par value $0.001 per share — 500,000 shares (Indirect, By: Spark Resources LLC)
Footnotes (1)
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.795 to $8.890 inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such price range. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
Key Figures
Shares sold: 100,000 shares
Weighted average sale price: $8.829 per share
Sale price range: $8.795–$8.890 per share
+3 more
6 metrics
Shares sold
100,000 shares
Open-market sale on April 20, 2026
Weighted average sale price
$8.829 per share
Open-market sale of 100,000 shares
Sale price range
$8.795–$8.890 per share
Multiple transactions within this range
Direct holdings after sale
912,118 shares
Common shares held directly after transaction
Indirect holdings via Goodrock LLC
7,305,133 shares
Common shares held indirectly
Indirect holdings via Spark Resources LLC
500,000 shares
Common shares held indirectly
Key Terms
open-market sale, weighted average price, beneficial ownership
3 terms
open-market sale financial
"transaction_action: "open-market sale" for 100,000 common shares"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"The reported price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
beneficial ownership financial
"The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What insider transaction did GeoPark (GPRK) report on this Form 4?
GeoPark reported that director and 10% owner James Franklin Park sold 100,000 common shares in an open-market transaction at a weighted average price of $8.829 on April 20, 2026, as disclosed in the Form 4 filing.
Were the GeoPark (GPRK) insider sales made in a single trade or multiple trades?
The Form 4 states the reported price is a weighted average. The 100,000 shares were sold in multiple transactions, with prices ranging from $8.795 to $8.890 per share, and detailed breakdowns are available upon request from the reporting person.
Does James Franklin Park claim full beneficial ownership of all reported GeoPark (GPRK) shares?
No. The filing states that James Franklin Park disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest, which limits the extent of ownership he formally attributes to himself.