Shayn P. March - Apr 5, 2024 Form 4 Insider Report for GEO GROUP INC (GEO)

Role
EVP, Acting CFO & Treasurer
Signature
/s/Joe Negron, as Attorney-in-Fact for Shayn P. March
Stock symbol
GEO
Transactions as of
Apr 5, 2024
Transactions value $
-$37,500
Form type
4
Date filed
4/9/2024, 04:28 PM
Previous filing
Mar 5, 2024
Next filing
Jul 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GEO Common Stock Sale -$37.5K -2.5K -3.55% $15.00 67.8K Apr 5, 2024 Direct F1
holding GEO Restricted Stock 55.7K Apr 5, 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 2,500 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 14, 2023.