Joe Negron - 07 Mar 2025 Form 4 Insider Report for GEO GROUP INC (GEO)

Signature
/s/Joe Negron
Issuer symbol
GEO
Transactions as of
07 Mar 2025
Transactions value $
-$1,889,587
Form type
4
Filing time
11 Mar 2025, 16:37:12 UTC
Previous filing
05 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GEO Common Stock Award $0 +100K +49.74% $0.00 301K 07 Mar 2025 Direct F1, F2
transaction GEO Common Stock Tax liability -$1.89M -78.7K -26.14% $24.01 222K 07 Mar 2025 Direct F3
holding GEO Restricted Stock 106K 07 Mar 2025 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This amount of shares reflects an increase to the vested restricted stock granted on March 1, 2022 based upon the achievement of the performance-based metrics for the performance period from January 1, 2022 to December 31, 2024. This resulted in a payout of an aggregate of 200,000 shares of common stock.
F2 The amount of shares has been adjusted to reflect the March 7, 2025 vesting of 100,000 shares of restricted stock.
F3 These shares were surrendered in order to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock.