Bayon Felipe 4

What Happened
Felipe Bayon, CEO of GeoPark Ltd (GPRK), received equity awards on 2026-03-24 consisting of 44,382 restricted stock units (RSUs) and a separate performance-based award of up to 199,722 RSUs. The 44,382 RSUs were reported at $0.00 per share (grant/award). The 199,722 RSUs are derivative/performance awards listed with no per-share price (N/A) because vesting depends on future performance metrics. These were reported on Form 4 filed 2026-03-26.

Key Details

• Transaction date(s): 2026-03-24; Form 4 filed: 2026-03-26 (timely filing).
• Awards: 44,382 RSUs @ $0.00 (grant) and 199,722 performance-based RSUs (price N/A).
• Aggregate maximum potential shares from these awards: 244,104 RSUs (44,382 + 199,722).
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1/F2 indicate these are restricted stock units subject to vesting and continued employment; F3 clarifies the 199,722 RSUs represent the maximum that may vest based on absolute total shareholder return thresholds.
• Transaction code: A = Award/Grant (not a purchase or sale).

Context
These are equity awards (grants), not open-market purchases or sales, so they reflect compensation or incentive alignment rather than a direct buying/selling signal. The performance RSUs are contingent — they only convert to shares if specified TSR targets and other vesting conditions are met.