Shayn P. March - Feb 28, 2024 Form 4 Insider Report for GEO GROUP INC (GEO)

Signature
/s/Joe Negron, as Attorney-in-Fact for Shayn P. March
Stock symbol
GEO
Transactions as of
Feb 28, 2024
Transactions value $
-$25,000
Form type
4
Date filed
3/1/2024, 04:37 PM
Previous filing
Dec 15, 2023
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GEO Common Stock Sale -$25K -2K -3.19% $12.50 60.8K Feb 28, 2024 Direct F1
holding GEO Restricted Stock 43.5K Feb 28, 2024 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.