Key facts
- This page summarizes Jose Gordo's Form 4 filing for GEO GROUP INC (GEO).
- 2 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 03 Mar 2023, 17:33.
Jose Gordo - 01 Mar 2023 Form 4 Insider Report for GEO GROUP INC (GEO)
- Reporting relationship
- Chief Executive Officer, Director
- Issuer ticker
- GEO
- Reported as of
- 01 Mar 2023
- Net transaction value
- -$16,979
- SEC form
- 4
- Accepted by SEC
- 03 Mar 2023, 17:33:47 UTC
- Prior SEC filing
- 03 Mar 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/Joe Negron, as Attorney-in-Fact for Jose Gordo
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Jose Gordo filed Form 4 for GEO GROUP INC (GEO) on 03 Mar 2023.
Change
- Previous filing in this sequence was filed on 03 Mar 2022.
- Current net transaction value: -$16,979.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
GEO
transaction
Restricted Stock
Award
- Transaction value
- $0
- Shares
- +110,722
- Change %
- +36%
- Price
- $0.000000
- Shares after
- 418,753
- Date
- 01 Mar 2023
- Ownership
- Direct
- Footnotes
- F1, F2
GEO
transaction
Common Stock
Tax liability
- Transaction value
- $16,979
- Shares
- -1,872
- Change %
- -19%
- Price
- $9.07
- Shares after
- 7,950
- Date
- 01 Mar 2023
- Ownership
- Direct
- Footnotes
- F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
Vesting of this grant of restricted stock of GEO is contingent upon the achievement by GEO of certain performance-based metrics during the period from January 1, 2023 to December 31, 2025 as certified by the compensation committee. Under the terms of the restricted stock grant, these shares will vest on March 15, 2026 to the extent the performance goals are achieved. Of the grant of restricted stock, 50% is subject to vesting based on GEO's total shareholder return over a three-year period and 50% is subject to vesting based on certain return on capital employed performance goals being met.
Footnote F2
The amount of shares has been adjusted to reflect the March 1, 2023 vesting of 4,753 shares of restricted stock.
Footnote F3
These shares were surrendered in order to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock.