Joe Negron - 03 Mar 2025 Form 4 Insider Report for GEO GROUP INC (GEO)

Role
SVP, General Counsel & Sec.
Signature
/s/Joe Negron
Issuer symbol
GEO
Transactions as of
03 Mar 2025
Transactions value $
$0
Form type
4
Filing time
05 Mar 2025, 17:06:18 UTC
Previous filing
12 Mar 2024
Next filing
11 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GEO Restricted Stock Award $0 +12.5K +6.92% $0.00 193K 03 Mar 2025 Direct F1
transaction GEO Restricted Stock Award $0 +12.5K +6.47% $0.00 206K 03 Mar 2025 Direct F1, F2
holding GEO Common Stock 101K 03 Mar 2025 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person received a grant of 25,000 shares of restricted stock. 50% of the award consists of time-based restricted stock that will vest by March 15, 2028 and 50% of the award consists of performance-based restricted stock.
F2 Vesting of the performance-based restricted stock of GEO is contingent upon the achievement by GEO of certain performance-based metrics during the period from January 1, 2025 to December 31, 2027 as certified by the compensation committee. Under the terms of the restricted stock grant, these shares will vest by March 15, 2028 to the extent the performance goals are achieved. Of the grant of performance-based restricted stock, 50% is subject to vesting based on certain return on capital employed performance goals being met and 50% is subject to vesting based on GEO's total shareholder return over a three-year period.