Shayn P. March - 13 Dec 2023 Form 4 Insider Report for GEO GROUP INC (GEO)

Signature
/s/Joe Negron, as Attorney-in-Fact for Shayn P. March
Issuer symbol
GEO
Transactions as of
13 Dec 2023
Net transactions value
-$20,400
Form type
4
Filing time
15 Dec 2023, 19:09:01 UTC
Previous filing
03 Mar 2023
Next filing
01 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GEO Common Stock Sale $20,400 -2,000 -3.1% $10.20 62,758 13 Dec 2023 Direct F1
holding GEO Restricted Stock 43,479 13 Dec 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 The reported sale of 2,000 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 14, 2023.